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Investing in Wildlife: Can Wildlife Pay Its Way?

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  • Skonhoft, Anders
  • Solstad, Jan Tore

Abstract

The paper analyses economic and ecological mechanisms determining wildlife investments in the context of pastoral exploitation of the semi-arid African rangeland. We consider a group of pastoralists practising two production activities, cattle herding and wildlife harvesting. Livestock and wildlife interact with each other as there is competition for grazing land. A bioeconomic model is formulated to analyse this interaction and the pastoralist's optimal degree of investments in livestock and wildlife. The factors working in the direction of threatening the wildlife are identified. Next, the management problem is analysed in a conservation perspective where CITES-policies are imposed, and where there is international payment for conservation of endangered species. Copyright 1998 by Oxford University Press.

Suggested Citation

  • Skonhoft, Anders & Solstad, Jan Tore, 1998. "Investing in Wildlife: Can Wildlife Pay Its Way?," Journal of African Economies, Centre for the Study of African Economies, vol. 7(2), pages 237-262, July.
    • Handle: RePEc:oup:jafrec:v:7:y:1998:i:2:p:237-62
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    Cited by:

    1. Chaminuka, Petronella & Groeneveld, Rolf A. & van Ierland, Ekko C., 2014. "Reconciling interests concerning wildlife and livestock near conservation areas: A model for analysing alternative land uses," Ecological Economics, Elsevier, vol. 98(C), pages 29-38.
    2. Bulte, Erwin & Cornelis van Kooten, G., 2002. "Downward sloping demand for environmental amenities and international compensation: elephant conservation and strategic culling," Agricultural Economics, Blackwell, vol. 27(1), pages 15-22, May.
    3. Carolyn Fischer & Edwin Muchapondwa & Thomas Sterner, 2011. "A Bio-Economic Model of Community Incentives for Wildlife Management Under CAMPFIRE," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 48(2), pages 303-319, February.

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