Estimating the Impact of Whaling on Global Whale Watching
After a commercial whaling moratorium was enacted in 1986, whale watching became one of the fastest growing tourism industries worldwide. As whaling is regarded as an activity that is incompatible with whale watching, the possible resumption of commercial whaling has caused an urgent need to investigate the potential negative effects of whaling on the whale-watching industry. We examine the potential impacts of whaling on the global whale-watching tourism industry using an unbalanced panel data model. The empirical results indicate that the resumption of commercial whaling has the potential for a negative effect on the global whale-watching industry, especially for nations that are engaged in whaling.
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- Richard Horan & James Shortle, 1999. "Optimal Management of Multiple Renewable Resource Stocks: An Application to Minke Whales," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 13(4), pages 435-458, June.
- Conrad, Jon M, 1989. "Bioeconomics and the Bowhead Whale," Journal of Political Economy, University of Chicago Press, vol. 97(4), pages 974-987, August.
- Herrera, Guillermo E. & Hoagland, Porter, 2006. "Commercial whaling, tourism, and boycotts: An economic perspective," Marine Policy, Elsevier, vol. 30(3), pages 261-269, May.
- Bjørndal, Trond & Conrad, Jon M, 1998. "A report on the Norwegian minke whale hunt," Marine Policy, Elsevier, vol. 22(2), pages 161-174, March.
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