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Estimating the Impact of Whaling on Global Whale Watching



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Kuo, Hsiao-I and Chen, Chi-Chung and McAleer, Michael (2011) Estimating the Impact of Whaling on Global Whale Watching. [ Documentos de Trabajo del Instituto Complutense de Análisis Económico; nº 23, 2011, ] (Unpublished)

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Official URL: http://eprints.ucm.es/12877/



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.

Item Type:Working Paper or Technical Report
Uncontrolled Keywords:Global whale watching, Commercial whaling, Delay-difference equation, Unbalanced panel data.
Subjects:Social sciences > Economics > Econometrics
Social sciences > Economics > Industrial organization
Series Name:Documentos de Trabajo del Instituto Complutense de Análisis Económico
ID Code:12877
Deposited On:17 Jun 2011 11:32
Last Modified:06 Feb 2014 09:35

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