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
Chi-Chung Chen: Department of Applied Economics, National Chung Hsing University

No CIRJE-F-634, CIRJE F-Series from CIRJE, Faculty of Economics, University of Tokyo

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.

New Economics Papers: this item is included in nep-env and nep-tur
Date: 2009-08

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Related works:
Working Paper: Estimating the impact of whaling on global whale watching (2009)
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