Publication: The Price Elasticity of African Elephant Poaching
| creativeworkseries.issn | 1564-698X | |
| dc.contributor.author | Do, Quy-Toan | |
| dc.contributor.author | Levchenko, Andrei A. | |
| dc.contributor.author | Ma, Lin | |
| dc.contributor.author | Blanc, Julian | |
| dc.contributor.author | Dublin, Holly | |
| dc.contributor.author | Milliken, Tom | |
| dc.date.accessioned | 2024-01-03T20:11:42Z | |
| dc.date.available | 2024-01-03T20:11:42Z | |
| dc.date.issued | 2020-04-30 | |
| dc.description.abstract | The 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 discussionon of what such a finding implies for elephant conservation policies. | en |
| dc.identifier.doi | 10.1596/40826 | |
| dc.identifier.issn | 1564-698X (online) | |
| dc.identifier.issn | 0258-6770 (print) | |
| dc.identifier.uri | https://openknowledge.worldbank.org/handle/10986/40826 | |
| dc.language.iso | en | |
| dc.publisher | Published by Oxford University Press on behalf of the World Bank | |
| dc.relation.ispartofseries | World Bank Economic Review | |
| dc.rights | CC BY-NC-ND 3.0 IGO | |
| dc.rights.holder | World Bank | |
| dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/3.0/igo | |
| dc.subject | ELEPHANT POACHING | |
| dc.subject | PRICE ELASTICITY | |
| dc.subject | IVORY TRADE | |
| dc.subject | STORAGE OF VALUE | |
| dc.subject | WILDLIFE CONSERVATION POLICY | |
| dc.subject | IVORY VALUE | |
| dc.title | The Price Elasticity of African Elephant Poaching | en |
| dc.type | Journal Article | |
| dspace.entity.type | Publication | |
| okr.associatedcontent | https://academic.oup.com/wber/article/35/3/545/5827188 Journal website (version of record) | |
| okr.crossref.title | The Price Elasticity of African Elephant Poaching | |
| okr.date.disclosure | 2020-04-30 | |
| okr.doctype | Publications & Research::Journal Article | |
| okr.identifier.doi | 10.1093/wber/lhaa008 | |
| okr.identifier.doi | http://dx.doi.org/10.1596/40826 | |
| okr.language.supported | en | |
| okr.pagenumber | 545–562 | |
| okr.peerreview | Academic Peer Review | |
| okr.topic | Environment::Wildlife Resources | |
| okr.topic | Environment::Environmental Economics & Policies | |
| okr.topic | Law and Development::Environmental & Natural Resources Law | |
| okr.topic | Environment::Ecosystems and Natural Habitats | |
| okr.volume | 35 (3) | |
| relation.isJournalIssueOfPublication | 641487e9-8ab6-4a23-98d0-9b476296d058 | |
| relation.isJournalIssueOfPublication.latestForDiscovery | 641487e9-8ab6-4a23-98d0-9b476296d058 | |
| relation.isJournalOfPublication | c41eae2f-cf94-449d-86b7-f062aebe893f | |
| relation.isJournalVolumeOfPublication | 3a13adfa-b971-4f6d-9aaa-21ba96efc218 |