Commercial whaling, tourism, and boycotts: An economic perspective
AbstractCommercial whaling is highly contentious, angering animal rights groups and conservation organizations, who threaten boycotts. Proponents of whaling argue that many whale stocks are plentiful enough to support sustainable harvests. In terms of economic efficiency, a nation's decision to engage in whaling depends on rents from the whaling industry, ecological and market linkages, and the potential for boycotts. We analyze the tradeoffs involved in a nation's decision to engage in whaling, whale-watching, and fishing. Scenarios exist in which whaling is economically rational. Indeed, sometimes it makes economic sense to subsidize whaling. In other circumstances, market pressures make commercial whaling inefficient.
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Bibliographic InfoArticle provided by Elsevier in its journal Marine Policy.
Volume (Year): 30 (2006)
Issue (Month): 3 (May)
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Web page: http://www.elsevier.com/locate/marpol
Commercial whaling Commercial fishing International trade Eco-tourism;
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- Hsiao-I Kuo & Chi-Chung Chen & Michael McAleer, 2009.
"Estimating the Impact of Whaling on Global Whale Watching,"
CIRJE-F-634, CIRJE, Faculty of Economics, University of Tokyo.
- Hsiao-I Kuo & Chi-Chung Chen & Michael McAleer, 2010. "Estimating the Impact of Whaling on Global Whale Watching," Working Papers in Economics 10/30, University of Canterbury, Department of Economics and Finance.
- Kuo, H-I. & Chen, C-C. & McAleer, M.J., 2009. "Estimating the impact of whaling on global whale watching," Econometric Institute Report EI 2009-23, Erasmus University Rotterdam, Econometric Institute.
- Hsiao-I Kuo & Chi-Chung Chen & Michael McAleer, 2010. "Estimating the Impact of Whaling on Global Whale Watching," KIER Working Papers 728, Kyoto University, Institute of Economic Research.
- Hsiao-I Kuo & Chi-Chung Chen & Michael McAleer, 2011. "Estimating the Impact of Whaling on Global Whale Watching," Documentos del Instituto Complutense de AnÃ¡lisis EconÃ³mico 2011-23, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales.
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