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Estimating the Impact of Whaling on Global Whale Watching

  • Hsiao-I Kuo

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

  • Chi-Chung Chen

    (Department of Applied Economics, National Chung Hsing University, Taichung, Taiwan)

  • Michael McAleer

    (Econometrisch Instituut (Econometric Institute), Faculteit der Economische Wetenschappen (Erasmus School of Economics), Erasmus Universiteit, Tinbergen Instituut (Tinbergen Institute).)

After the commercial whaling moratorium was enacted in 1986, whale watching became one of the fastest growing tourism industries worldwide. As whaling was regarded as an activity that is incompatible with whale watching, the possible resumption of commercial whaling 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 commercial whaling.

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File URL: http://eprints.ucm.es/12877/1/1123.pdf
File Function: revised june 2011
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Paper provided by Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Análisis Económico in its series Documentos de Trabajo del ICAE with number 2011-23.

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Length: 33 pages
Date of creation: 2011
Date of revision:
Handle: RePEc:ucm:doicae:1123
Note: The authors wish to acknowledge the helpful comments and suggestions of three reviewers. The third author acknowledges the financial support of the Australian Research Council, National Science Council, Taiwan, and the Japan Society for the Promotion of Science.
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References listed on IDEAS
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  1. Bjørndal, Trond & Conrad, Jon M, 1998. "A report on the Norwegian minke whale hunt," Marine Policy, Elsevier, vol. 22(2), pages 161-174, March.
  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. Richard Horan & James Shortle, 1999. "Optimal Management of Multiple Renewable Resource Stocks: An Application to Minke Whales," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 13(4), pages 435-458, June.
  4. repec:cup:cbooks:9780521818551 is not listed on IDEAS
  5. repec:cup:cbooks:9780521522717 is not listed on IDEAS
  6. Conrad, Jon M, 1989. "Bioeconomics and the Bowhead Whale," Journal of Political Economy, University of Chicago Press, vol. 97(4), pages 974-87, August.
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