Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.ecolecon.2017.05.017 |
Speculating a Fire Sale: Options for Chinese Authorities in Implementing a Domestic Ivory Trade Ban | |
Harvey, Ross1; Alden, Chris2; Wu, Yu-Shan3 | |
2017-11-01 | |
发表期刊 | ECOLOGICAL ECONOMICS |
ISSN | 0921-8009 |
EISSN | 1873-6106 |
出版年 | 2017 |
卷号 | 141 |
文章类型 | Article |
语种 | 英语 |
国家 | South Africa; England |
英文摘要 | Africa is losing approximately 27,000 elephants a year to a poaching epidemic driven predominantly by demand for ivory in East Asia. In response, the U.S. and China agreed to implement domestic ivory trade bans to complement the international trade ban. The U.S. executed this agreement on 6 July 2016. Chinese authorities announced, on 30 December 2016, that they would end the domestic ivory trade by 31 December 2017. This paper accepts that a large volume of ivory entering China illegally is being stockpiled for speculative purposes. It sketches several scenarios of how ivory speculators, as important interlocutors between supply and final demand, might respond to this domestic ban. We conclude that the optimal elephant conservation policy approach would be for Chinese authorities to provide more specific details about the scope of the ban and how it will deal with stockpiled ivory. Our game theoretic analysis suggests that the ban should be imposed indefinitely; this should be explicitly stipulated to avoid uncertainty and continued speculation. The introduction of any possibility of a future regulated trade will create strong incentives for speculators to bank on elephant extinction, and maximise poaching effort in the short run. (C) 2017 Elsevier B.V. All rights reserved. |
领域 | 资源环境 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000410013200003 |
WOS关键词 | MODEL |
WOS类目 | Ecology ; Economics ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Environmental Sciences & Ecology ; Business & Economics |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/15625 |
专题 | 资源环境科学 |
作者单位 | 1.Univ Cape Town, Sch Econ, South African Inst Int Affairs, Cape Town, South Africa; 2.London Sch Econ, Dept Int Relat, Africa Int Affairs Programme, London, England; 3.Univ Pretoria, South African Inst Int Affairs, Dept Polit Sci, Pretoria, South Africa |
推荐引用方式 GB/T 7714 | Harvey, Ross,Alden, Chris,Wu, Yu-Shan. Speculating a Fire Sale: Options for Chinese Authorities in Implementing a Domestic Ivory Trade Ban[J]. ECOLOGICAL ECONOMICS,2017,141. |
APA | Harvey, Ross,Alden, Chris,&Wu, Yu-Shan.(2017).Speculating a Fire Sale: Options for Chinese Authorities in Implementing a Domestic Ivory Trade Ban.ECOLOGICAL ECONOMICS,141. |
MLA | Harvey, Ross,et al."Speculating a Fire Sale: Options for Chinese Authorities in Implementing a Domestic Ivory Trade Ban".ECOLOGICAL ECONOMICS 141(2017). |
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