On the Optimal Exploitation of Terrestrial Animal Species
The paper analyses the social optimal management of terrestrial animal species where land-use costs, non-consumptive benefits of the wild species and nuisance costs, in addition to harvesting profit, are taken into account. When there is harvesting, it is demonstrated that increased profitability of the alternative land-use activities will result in less animals and habitat land in the long-term. It is also shown that the price effect of the harvesting works different compared to the traditional Clark-model of marine resources. Because most terrestrial species represent no harvesting profit and are not harvested, the non-harvesting case is also analysed. Also now will improved profitability in the competing activities of keeping animals be a threat to the wild species as it triggers land-use conversion. Moreover, in absence of harvesting profit, there are no potential counteracting forces due to the existence of harvesting profit. Copyright Kluwer Academic Publishers 1999
Volume (Year): 13 (1999)
Issue (Month): 1 (January)
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- 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.
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- Kiss, A., 1990. "Living with wildlife," Papers 130, World Bank - Technical Papers.
- 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.
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