IDEAS home Printed from https://ideas.repec.org/a/bla/canjag/v53y2005i1p25-46.html
   My bibliography  Save this article

Demand for Wildlife Hunting in British Columbia

Author

Listed:
  • Lili Sun
  • G. Cornelis Van Kooten
  • Graham M. Voss

Abstract

We present estimates of the demand for hunting licenses by residents and nonresidents 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 nonresidents 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 for raising 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 of capturing more of the resource rent. Nous analysons la demande de permis de chasse par les résidants et les non‐résidants de Colombie‐Britannique pour la période 1971–2000. Nous présentons des élasticités de court terme et de long terme que nous utilisons ensuite pour évaluer l'effet d'augmenter le coût des permis sur les revenus générés par la vente de ces permis. La demande des non‐résidants est fortement corrélée aux fluctuations des revenus américains, mais les variations cycliques du revenu n'ont pas la même incidence sur la demande des chasseurs locaux. La capacité du gouvernement d'augmenter ses revenus en augmentant les coûts des permis des chasseurs locaux est restreinte, surtout à long terme. Ce constat ne s'applique pas aux chasseurs américains puisque leur demande de permis est inélastique, à court terme comme à long terme. Des frais supplémentaires de conservation imposés aux chasseurs étrangers permettraient au gouvernement de s'accaparer une part plus importante de la rente associée à la ressource.

Suggested Citation

  • 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, March.
  • Handle: RePEc:bla:canjag:v:53:y:2005:i:1:p:25-46
    DOI: 10.1111/j.1744-7976.2005.00370.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1744-7976.2005.00370.x
    Download Restriction: no

    File URL: https://libkey.io/10.1111/j.1744-7976.2005.00370.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Newey, Whitney & West, Kenneth, 2014. "A simple, positive semi-definite, heteroscedasticity and autocorrelation consistent covariance matrix," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 33(1), pages 125-132.
    2. Michelle Spence, 2002. "The Effect of Age on the Probability of Participation in Wildlife-Related Activities: A Birth Year Cohort Study," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 84(5), pages 1384-1389.
    3. Marianne Baxter & Robert G. King, 1999. "Measuring Business Cycles: Approximate Band-Pass Filters For Economic Time Series," The Review of Economics and Statistics, MIT Press, vol. 81(4), pages 575-593, November.
    4. Christine Lim & Michael McAleer, 2001. "Cointegration analysis of quarterly tourism demand by Hong Kong and Singapore for Australia," Applied Economics, Taylor & Francis Journals, vol. 33(12), pages 1599-1619.
    5. Reiling, Stephen D. & Kezis, Alan S. & White, Gregory K., 1980. "The Demand For Maine Resident Hunting And Fishing Licenses," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, pages 1-6, October.
    6. G. Cornelis Kooten & Brad Stennes & Erwin H. Bulte, 2001. "Cattle and Wildlife Competition for Forage: Budget Versus Bioeconomic Analyses of Public Range Improvements in British Columbia," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 49(1), pages 71-86, March.
    7. Reiling, Stephen D. & Kezis, Alan S. & White, Gregory K., 1980. "The Demand For Maine Resident Hunting And Fishing Licenses," Journal of the Northeastern Agricultural Economics Council, Northeastern Agricultural and Resource Economics Association, pages 1-6, October.
    8. Davidson, Russell & MacKinnon, James G., 1993. "Estimation and Inference in Econometrics," OUP Catalogue, Oxford University Press, number 9780195060119.
    9. Frank A. Ward & Diana Beal, 2000. "Valuing Nature with Travel Cost Models," Books, Edward Elgar Publishing, number 1768.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Joseph M. Little & Kristine M. Grimsrud & Patricia A. Champ & Robert P. Berrens, 2006. "Investigation of Stated and Revealed Preferences for an Elk Hunting Raffle," Land Economics, University of Wisconsin Press, vol. 82(4), pages 623-640.
    2. Pang, Arwin, 2017. "Incorporating the effect of successfully bagging big game into recreational hunting: An examination of deer, moose and elk hunting," Journal of Forest Economics, Elsevier, vol. 28(C), pages 12-17.
    3. 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.
    4. Häggmark-Svensson, Tobias & Elofsson, Katarina & Engelmann, Marc & Gren, Ing-Marie, 2015. "A review of the literature on benefits, costs, and policies for wildlife management," Working Paper Series 2015:1, Swedish University of Agricultural Sciences, Department Economics.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Chistiano, Lawrence J & den Haan, Wouter J, 1996. "Small-Sample Properties of GMM for Business-Cycle Analysis," Journal of Business & Economic Statistics, American Statistical Association, vol. 14(3), pages 309-327, July.
    2. Kano, Takashi, 2009. "Habit formation and the present-value model of the current account: Yet another suspect," Journal of International Economics, Elsevier, vol. 78(1), pages 72-85, June.
    3. Lee, Jim, 2000. "The Robustness of Okun's Law: Evidence from OECD Countries," Journal of Macroeconomics, Elsevier, vol. 22(2), pages 331-356, April.
    4. Bernd Hayo, 2007. "Is European Monetary Policy Appropriate for the EMU Member Countries? A Counterfactual Analysis," Palgrave Macmillan Books, in: David Cobham (ed.), The Travails of the Eurozone, chapter 4, pages 67-94, Palgrave Macmillan.
    5. Jagjit S. Chadha & Lucio Sarno & Giorgio Valente, 2004. "Monetary Policy Rules, Asset Prices, and Exchange Rates," IMF Staff Papers, Palgrave Macmillan, vol. 51(3), pages 529-552, November.
    6. Eckhard Hein & Christian Schoder, 2011. "Interest rates, distribution and capital accumulation -- A post-Kaleckian perspective on the US and Germany," International Review of Applied Economics, Taylor & Francis Journals, vol. 25(6), pages 693-723, November.
    7. Bajo-Rubio, Oscar & Diaz-Roldan, Carmen & Esteve, Vicente, 2007. "Change of regime and Phillips curve stability: The case of Spain, 1964-2002," Journal of Policy Modeling, Elsevier, vol. 29(3), pages 453-462.
    8. Hall, Viv B & Thomson, Peter, 2022. "A boosted HP filter for business cycle analysis: evidence from New Zealand’s small open economy," Working Paper Series 9473, Victoria University of Wellington, School of Economics and Finance.
    9. Sebnem Kalemli-Ozcan & Elias Papaioannou & José-Luis Peydró, 2013. "Financial Regulation, Financial Globalization, and the Synchronization of Economic Activity," Journal of Finance, American Finance Association, vol. 68(3), pages 1179-1228, June.
    10. Blazsek, Szabolcs & Escribano, Álvaro & Licht, Adrian, 2018. "Seasonal quasi-vector autoregressive models for macroeconomic data," UC3M Working papers. Economics 26316, Universidad Carlos III de Madrid. Departamento de Economía.
    11. Marjan Petreski, 2010. "An Overhaul of a Doctrine: Has Inflation Targeting Opened a New Era in Developing-country Peggers?," FIW Working Paper series 057, FIW.
    12. Bernd Hayo & Boris Hofmann, 2006. "Comparing monetary policy reaction functions: ECB versus Bundesbank," Empirical Economics, Springer, vol. 31(3), pages 645-662, September.
    13. Lee, Grace H.Y. & Azali, M., 2010. "The endogeneity of the Optimum Currency Area criteria in East Asia," Economic Modelling, Elsevier, vol. 27(1), pages 165-170, January.
    14. Ledenyov, Dimitri O. & Ledenyov, Viktor O., 2015. "Wave function method to forecast foreign currencies exchange rates at ultra high frequency electronic trading in foreign currencies exchange markets," MPRA Paper 67470, University Library of Munich, Germany.
    15. Albuquerque, Rui & Eichenbaum, Martin & Papanikolaou, Dimitris & Rebelo, Sergio, 2015. "Long-run bulls and bears," Journal of Monetary Economics, Elsevier, vol. 76(S), pages 21-36.
    16. Michael Funke, 2005. "Inflation in Mainland China - Modelling a Roller Coaster Ride," Quantitative Macroeconomics Working Papers 20507, Hamburg University, Department of Economics.
    17. Masso, Jaan & Staehr, Karsten, 2005. "Inflation dynamics and nominal adjustment in the Baltic States," Research in International Business and Finance, Elsevier, vol. 19(2), pages 281-303, June.
    18. Francis In & Sangbae Kim, 2012. "An Introduction to Wavelet Theory in Finance:A Wavelet Multiscale Approach," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 8431, January.
    19. jose ramos pires manso, 2004. "Economical Versus Political Cycles In An Iberian Manufacturing Sector," Industrial Organization 0404003, University Library of Munich, Germany.
    20. Tanger, Shaun M. & Zeng, Peng & Morse, Wayde & Laband, David N., 2011. "Macroeconomic conditions in the U.S. and congressional voting on environmental policy: 1970-2008," Ecological Economics, Elsevier, vol. 70(6), pages 1109-1120, April.

    More about this item

    JEL classification:

    • 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

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:canjag:v:53:y:2005:i:1:p:25-46. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/caefmea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.