Estimating the Impact of Whaling on Global Whale Watching

Hsiao-I Kuo, Chi-Chung Chen and Michael McAleer
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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

No 2011-23, Documentos de Trabajo del ICAE from Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Análisis Económico

Abstract: 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.

Keywords: Global whale watching; Commercial whaling; Delay-difference equation; Unbalanced panel data. (search for similar items in EconPapers)
Pages: 33 pages
Date: 2011
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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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https://eprints.ucm.es/id/eprint/12877/1/1123.pdf revised june 2011 (application/pdf)

Related works:
Journal Article: Estimating the impact of whaling on global whale-watching (2012)
Working Paper: Estimating the Impact of Whaling on Global Whale Watching (2010)
Working Paper: Estimating the Impact of Whaling on Global Whale Watching (2010)
Working Paper: Estimating the impact of whaling on global whale watching (2009)
Working Paper: Estimating the Impact of Whaling on Global Whale Watching (2009)
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