Demand for Wildlife Hunting in British Columbia
AbstractWe present estimates of the demand for hunting licenses by residents and non residents in British Columbia for the period 1971–2000. We obtain estimates of both short-run and long- run price elasticities and discuss their revenue implications for future fee increases. We find the demand by non residents to be strongly correlated with U.S. income variation over the business cycle, but find no such role for cyclical income variation for resident hunters. The ability of the government to increase revenues from resident hunters turns out to be limited, particularly in the long run, while greater opportunities exist to raise revenues from U.S. hunters as short- and long-run price elasticities of demand are quite inelastic. We argue that conservation surcharges on foreign hunters are one way to capture more of the resource rent.
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Bibliographic InfoPaper provided by University of Victoria, Department of Economics, Resource Economics and Policy Analysis Research Group in its series Working Papers with number 2004-09.
Length: 36 pages
Date of creation: 2004
Date of revision:
recreation demand; resource revenues and rent capture; conservation surcharges;
Other versions of this item:
- Lili Sun & G. Cornelis van Kooten & Graham M. Voss, 2005. "Demand for Wildlife Hunting in British Columbia," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 53(1), pages 25-46, 03.
- Q21 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Demand and Supply; Prices
- Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources
- Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
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- Poudyal, Neelam C. & Cho, Seong-Hoon & Bowker, James Michael, 2007. "Determinants of Demand for Participation in Wildlife Hunting: A County level Analysis," 2007 Annual Meeting, February 4-7, 2007, Mobile, Alabama 34860, Southern Agricultural Economics Association.
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