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Extended Model of the Natural Resource Input-Output Market: Game Meat in Latvia as an Example

Author

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  • Yukichika Kawata

    (Obihiro University of Agriculture and Veterinary Medicine, Japan)

Abstract

This paper incorporates input and output markets into a traditional natural resource economics model which was developed in fishery economics, in the context of terrestrial wild animal management. This model enables the division of the total game meat under the cull limit into personal consumption and market circulation. It is indicated that the utilization of game meat depends on the limitations in the optimum resource levels and the input market prices. While overuse is a typical problem in fishery economics, underuse is an issue in the case of wild animals, and the model successfully explains this issue.

Suggested Citation

  • Yukichika Kawata, 2011. "Extended Model of the Natural Resource Input-Output Market: Game Meat in Latvia as an Example," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 9(2), pages 167-185.
    • Handle: RePEc:seb:journl:v:9:y:2011:i:2:p:167-185
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    References listed on IDEAS

    as
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    3. Muth, Mary K. & Wohlgenant, Michael K., 1999. "Measuring The Degree Of Oligopsony Power In The Beef Packing Industry In The Absence Of Marketing Input Quantity Data," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 24(2), pages 1-14, December.
    4. H. Scott Gordon, 1954. "The Economic Theory of a Common-Property Resource: The Fishery," Palgrave Macmillan Books, in: Chennat Gopalakrishnan (ed.), Classic Papers in Natural Resource Economics, chapter 9, pages 178-203, Palgrave Macmillan.
    5. Clark, Colin W. & Munro, Gordon R., 1975. "The economics of fishing and modern capital theory: A simplified approach," Journal of Environmental Economics and Management, Elsevier, vol. 2(2), pages 92-106, December.
    6. Tomislav Vukina & Porametr Leegomonchai, 2006. "Oligopsony Power, Asset Specificity, and Hold-Up: Evidence from the Broiler Industry," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 88(3), pages 589-605.
    7. H. Scott Gordon, 1954. "The Economic Theory of a Common-Property Resource: The Fishery," Journal of Political Economy, University of Chicago Press, vol. 62, pages 124-124.
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    More about this item

    Keywords

    game meat; input and output markets; oligopsony/oligopoly power model; underuse; personal consumption;
    All these keywords.

    JEL classification:

    • Q21 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Demand and Supply; Prices
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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