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Optimal Management Of Multi-Value Renewable Resources: An Application To The African Elephant

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  • Sutton, William R.
  • Jarvis, Lovell S.

Abstract

This study extends dynamic models of renewable terrestial resources to evaluate the optimal long-run management strategy for African Elephants. Changes in many model parameters have ambiguous effects on elephant stocks and point to a need for empirical research to provide parameterizations for a theoretical model and a better basis for policy.

Suggested Citation

  • Sutton, William R. & Jarvis, Lovell S., 1998. "Optimal Management Of Multi-Value Renewable Resources: An Application To The African Elephant," 1998 Annual meeting, August 2-5, Salt Lake City, UT 20912, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea98:20912
    DOI: 10.22004/ag.econ.20912
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    File URL: https://ageconsearch.umn.edu/record/20912/files/spsutt01.pdf
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    References listed on IDEAS

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    1. David Levhari & Cees Withagen, 1992. "Optimal management of the growth potential of renewable resources," Journal of Economics, Springer, vol. 56(3), pages 297-309, October.
    2. Swallow, Stephen K., 1990. "Depletion of the environmental basis for renewable resources: The economics of interdependent renewable and nonrenewable resources," Journal of Environmental Economics and Management, Elsevier, vol. 19(3), pages 281-296, November.
    3. Clark, Colin W, 1973. "Profit Maximization and the Extinction of Animal Species," Journal of Political Economy, University of Chicago Press, vol. 81(4), pages 950-961, July-Aug..
    4. Schulz, Carl-Erik & Skonhoft, Anders, 1996. "Wildlife management, land-use and conflicts," Environment and Development Economics, Cambridge University Press, vol. 1(3), pages 265-280, July.
    5. Barnes, J. I., 1996. "Changes in the economic use value of elephant in Botswana: the effect of international trade prohibition," Ecological Economics, Elsevier, vol. 18(3), pages 215-230, September.
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    Cited by:

    1. Sutton, William R. & Larson, Douglas M. & Jarvis, Lovell S., 2002. "A New Approach To Contingent Valuation For Assessing The Costs Of Living With Wildlife In Developing Countries," 2002 Annual meeting, July 28-31, Long Beach, CA 19848, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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    Resource /Energy Economics and Policy;

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