Estimating the impact of whaling on global whale watching

Kuo, H-I., Chen, C-C. and Michael McAleer

No EI 2009-23 Revision_Date: 2009-11-06, Econometric Institute Report from Erasmus University Rotterdam, Econometric Institute

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 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 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.

Keywords: global whale watching; whaling; delay-difference equation model (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-pke and nep-tur
Date: 2009-09-10

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Related works:
Working Paper: Estimating the Impact of Whaling on Global Whale Watching (2009)
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Persistent link: http://EconPapers.repec.org/RePEc:dgr:eureir:1765016708

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