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Estimating the Impact of Whaling on Global Whale Watching

Author

Listed:
  • Hsiao-I Kuo

    (Department of Senior Citizen Service Management, Chaoyang University of Technology)

  • Chi-Chung Chen

    (Department of Applied Economics, National Chung Hsing University)

  • Michael McAleer

    (Erasmus University Rotterdam, Tinbergen Institute, The Netherlands, and Institute of Economic Research, Kyoto University)

Abstract

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.

Suggested Citation

  • Hsiao-I Kuo & Chi-Chung Chen & Michael McAleer, 2010. "Estimating the Impact of Whaling on Global Whale Watching," KIER Working Papers 728, Kyoto University, Institute of Economic Research.
  • Handle: RePEc:kyo:wpaper:728
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    File URL: http://www.kier.kyoto-u.ac.jp/DP/DP728.pdf
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    References listed on IDEAS

    as
    1. Cisneros-Montemayor, A.M. & Sumaila, U.R. & Kaschner, K. & Pauly, D., 2010. "The global potential for whale watching," Marine Policy, Elsevier, vol. 34(6), pages 1273-1278, November.
    2. Herrera, Guillermo E. & Hoagland, Porter, 2006. "Commercial whaling, tourism, and boycotts: An economic perspective," Marine Policy, Elsevier, vol. 30(3), pages 261-269, May.
    3. Bjørndal, Trond & Conrad, Jon M, 1998. "A report on the Norwegian minke whale hunt," Marine Policy, Elsevier, vol. 22(2), pages 161-174, March.
    4. repec:eee:touman:v:32:y:2011:i:3:p:564-575 is not listed on IDEAS
    5. Conrad, Jon M, 1989. "Bioeconomics and the Bowhead Whale," Journal of Political Economy, University of Chicago Press, vol. 97(4), pages 974-987, August.
    6. 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.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Paul, Prosenjit & Kar, T.K. & Ghorai, Abhijit, 2016. "Ecotourism and fishing in a common ground of two interacting species," Ecological Modelling, Elsevier, vol. 328(C), pages 1-13.

    More about this item

    Keywords

    Global whale watching; Commercial whaling; Delay-difference equation model; unbalanced panel data model.;

    JEL classification:

    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery
    • Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models

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