Publication:
The Price Elasticity of African Elephant Poaching

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dc.contributor.authorDo, Quy-Toan
dc.contributor.authorLevchenko, Andrei A.
dc.contributor.authorMa, Lin
dc.contributor.authorBlanc, Julian
dc.contributor.authorDublin, Holly
dc.contributor.authorMilliken, Tom
dc.date.accessioned2018-02-16T21:14:14Z
dc.date.available2018-02-16T21:14:14Z
dc.date.issued2018-02
dc.description.abstractThe objective of this paper is to provide an estimate of the elasticity of elephant poaching with respect to prices. Ivory being a storable commodity subjects its price to Hotelling’s no-arbitrage condition, hence allowing identification of the supply curve. The price of gold, one of many commodities used as stores of value, is thus used as an instrument for ivory prices. The supply of illegal ivory is found to be price-inelastic with an elasticity of 0.4, with changes in consumer prices passing-through to prices faced by producers at a rate close to unity. Estimations based on a number of alternative estimation approaches all confirm the conclusion that supply is inelastic. The paper ends with a brief discussion on what such finding implies for elephant conservation policies.en
dc.identifierhttp://documents.worldbank.org/curated/en/358291518460602605/The-price-elasticity-of-African-elephant-poaching
dc.identifier.doi10.1596/1813-9450-8335
dc.identifier.urihttps://hdl.handle.net/10986/29369
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 8335
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectELEPHANTS
dc.subjectIVORY PRICE
dc.subjectPOACHING
dc.subjectPRICE ELASTICITY
dc.subjectSTORAGE
dc.subjectCONSERVATION
dc.titleThe Price Elasticity of African Elephant Poachingen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleThe Price Elasticity of African Elephant Poaching
okr.date.disclosure2018-02-12
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/358291518460602605/The-price-elasticity-of-African-elephant-poaching
okr.guid358291518460602605
okr.identifier.doi10.1596/1813-9450-8335
okr.identifier.externaldocumentum090224b0877141ef_3_0
okr.identifier.internaldocumentum29585529
okr.identifier.reportWPS8335
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/358291518460602605/pdf/WPS8335.pdfen
okr.region.administrativeAfrica
okr.region.geographicalSub-Saharan Africa
okr.statistics.combined2554
okr.statistics.dr358291518460602605
okr.statistics.drstats2104
okr.topicEnvironment::Ecosystems and Natural Habitats
okr.topicEnvironment::Environmental Economics & Policies
okr.topicEnvironment::Wildlife Resources
okr.topicMacroeconomics and Economic Growth::Commodities
okr.topicMacroeconomics and Economic Growth::Economic Theory & Research
okr.unitPoverty and Inequality Team, Development Research Group
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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