Maritime Trade, Biological Invasions, and the Properties of Alternate Inspection Regimes

20 Pages Posted: 6 Aug 2004

See all articles by Amitrajeet A. Batabyal

Amitrajeet A. Batabyal

Rochester Institute of Technology (RIT) - Department of Economics

Hamid Beladi

University of Texas at San Antonio - College of Business - Department of Economics

Won W. Koo

North Dakota State University

Multiple version iconThere are 2 versions of this paper

Date Written: August 2004

Abstract

We analyze the problem of preventing biological invasions caused by ships transporting internationally traded goods between countries and continents. Specifically, we ask the following question: Should a port manager have a small number of inspectors inspect arriving ships less stringently or should this manager have a large number of inspectors inspect the same ships more stringently? We use a simple queuing-theoretic framework and show that if decreasing the economic cost of regulation is very important then it makes more sense for the port manager to choose the less stringent inspection regime. In contrast, if reducing the damage from biological invasions is more salient then the port manager ought to pick the more stringent inspection regime.

Keywords: Biological Invasion, Inspection, Maritime Trade, Queuing Theory, Uncertainty

JEL Classification: F18, Q20

Suggested Citation

Batabyal, Amitrajeet A. and Beladi, Hamid and Koo, Won W., Maritime Trade, Biological Invasions, and the Properties of Alternate Inspection Regimes (August 2004). Available at SSRN: https://ssrn.com/abstract=572661 or http://dx.doi.org/10.2139/ssrn.572661

Amitrajeet A. Batabyal (Contact Author)

Rochester Institute of Technology (RIT) - Department of Economics ( email )

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Hamid Beladi

University of Texas at San Antonio - College of Business - Department of Economics ( email )

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San Antonio, TX 78249
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Won W. Koo

North Dakota State University ( email )

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Fargo, ND 58105
United States
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701-231-7400 (Fax)

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