Template-type: ReDIF-Paper 1.0
Author-Name: Hsiao-I Kuo
Author-Workplace-Name: Department of Senior Citizen Service Management Chaoyang University of Technology Taichung, Taiwan
Author-Name: Chi-Chung Chen
Author-Workplace-Name: Department of Applied Economics, National Chung Hsing University, Taichung, Taiwan
Author-Name: Michael McAleer
Author-Person: pmc90 
Author-Workplace-Name: Econometrisch Instituut (Econometric Institute), Faculteit der Economische 
	Wetenschappen (Erasmus School of Economics), Erasmus Universiteit, Tinbergen Instituut (Tinbergen Institute).
Title: Estimating the Impact of Whaling on Global Whale Watching
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.
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.
Length: 33 pages 
Creation-Date: 2011 
Number: 2011-23
X-File-Ref: http://america.sim.ucm.es/repec/ucm/ref/doicae1123.txt
File-URL: https://eprints.ucm.es/id/eprint/12877/1/1123.pdf
File-Format: Application/pdf
File-Function: revised june 2011
Handle: RePEc:ucm:doicae:1123