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Publication Information

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Title: What Is the Price of Catastrophic Wildfire?

Author: Butry, David T.; Mercer, D. Evan; Prestemon, Jeffrey P.; Pye, John M.; Holmes, Thomas P.

Date: 2001

Source: Journal of Forestry 99(11):9-17

Publication Series: Miscellaneous Publication

Description: We modeled and analyzed the economic impacts of the six weeks of large, catastrophic wild-fires in northeastern Florida in June and July 1998, among Florida's most devastating in recent history. The result of the unusually strong El Níño-Southern Oscillation (ENSO) in 1998, the Florida wildfires produced economic impacts of at least $600 million, similar in scale to recent category-2 hurricanes. Improved understanding of the interactions between management, wildfire, and its costs may yield large payoffs to society by identifying optimal intervention activities.

Keywords: economics, fire management, Florida, policy

Publication Notes:

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  • This article was written and prepared by U.S. Government employees on official time, and is therefore in the public domain.
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Citation:


Butry, David T.; Mercer, D. Evan; Prestemon, Jeffrey P.; Pye, John M.; Holmes, Thomas P. 2001. What Is the Price of Catastrophic Wildfire?. Journal of Forestry 99(11):9-17

 


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