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An econometric analysis of consumer demand for ivory and rhino horn

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  • E. Milner-Gulland

Abstract

In this paper an econometric model is used to describe consumer demand for ivory and rhino horn in Japan, using the Hendry research methodology. The demand for ivory in Japan, a final consumer, was found to be primarily income-led, with an elasticity of 0.75. International trade restrictions have had a profound effect on the ivory market since 1985. The data for rhino horn demand are less good, consisting of a time series for Japan before 1980, when international trade in rhino horn became illegal. However, analysis suggests that demand for rhino horn was also primarily income-led, with unit elasticity. Copyright Kluwer Academic Publishers 1993

Suggested Citation

  • E. Milner-Gulland, 1993. "An econometric analysis of consumer demand for ivory and rhino horn," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 3(1), pages 73-95, February.
    • Handle: RePEc:kap:enreec:v:3:y:1993:i:1:p:73-95
    DOI: 10.1007/BF00338321
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    References listed on IDEAS

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    1. Hendry, David F, 1986. "Econometric Modelling with Cointegrated Variables: An Overview," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 48(3), pages 201-212, August.
    2. Gilbert, Christopher L, 1986. "Professor Hendry's Econometric Methodology," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 48(3), pages 283-307, August.
    3. A. A. Walters, 1970. "An Introduction to Econometrics," Palgrave Macmillan Books, Palgrave Macmillan, edition 0, number 978-1-349-15277-3, March.
    4. Granger, C. W. J. & Newbold, P., 1974. "Spurious regressions in econometrics," Journal of Econometrics, Elsevier, vol. 2(2), pages 111-120, July.
    5. Roy Black & Gerald Schwab, 1984. "Sonka, Steven T. Computers in Farming. New York: McGraw-Hill Book Co., 1983, xix + 266 pp., $19.95," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 66(2), pages 258-259.
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    Cited by:

    1. Bulte, Erwin H., 2003. "Open access harvesting of wildlife: the poaching pit and conservation of endangered species," Agricultural Economics, Blackwell, vol. 28(1), pages 27-37, January.
    2. Burton, Michael, 1999. "An assessment of alternative methods of estimating the effect of the ivory trade ban on poaching effort," Ecological Economics, Elsevier, vol. 30(1), pages 93-106, July.
    3. Bulte, Erwin H. & van Kooten, G. Cornelis, 1999. "Economic efficiency, resource conservation and the ivory trade ban," Ecological Economics, Elsevier, vol. 28(2), pages 171-181, February.

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