What Is the Price of Catastrophic Wildfire?

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Abstract:

We modeled and analyzed the economic impacts of the six weeks of large, catastrophic wildfires in northeastern Florida in June and July 1998, among Florida's most devastating in recent history. The result of the unusually strong El NiƱo–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: Florida; economics; environmental management; fire management; forest; forest management; forest resources; forestry; forestry research; forestry science; natural resource management; natural resources; policy

Document Type: Miscellaneous

Affiliations: 1: Economist Disturbance Economics Research Team, USDA Forest Service, Southern Research Station, PO Box 12254 Research Triangle Park, NC, 27709, dbutry@fs.fed.us 2: Research Economist Disturbance Economics Research Team, USDA Forest Service, Southern Research Station, PO Box 12254 Research Triangle Park, NC, 27709 3: Research Forester Disturbance Economics Research Team, USDA Forest Service, Southern Research Station, PO Box 12254 Research Triangle Park, NC, 27709 4: Ecologist Disturbance Economics Research Team, USDA Forest Service, Southern Research Station, PO Box 12254 Research Triangle Park, NC, 27709

Publication date: November 1, 2001

More about this publication?
  • The Journal of Forestry is the most widely circulated scholarly forestry journal in the world. In print since 1902, the Journal has received several national awards for excellence. The mission of the Journal of Forestry is to advance the profession of forestry by keeping forest management professionals informed about significant developments and ideas in the many facets of forestry: economics, education and communication, entomology and pathology, fire, forest ecology, geospatial technologies, history, international forestry, measurements, policy, recreation, silviculture, social sciences, soils and hydrology, urban and community forestry, utilization and engineering, and wildlife management. The Journal is published bimonthly: January, March, May, July, September, and November.
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