The regulation of hunting: a population tax
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The regulation of hunting : a population tax. / Abildtrup, Jens; Jensen, Frank.
Frederiksberg : Institute of Food and Resource Economics, University of Copenhagen, 2012. p. 1-21.Research output: Working paper › Research
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TY - UNPB
T1 - The regulation of hunting
T2 - a population tax
AU - Abildtrup, Jens
AU - Jensen, Frank
PY - 2012
Y1 - 2012
N2 - Within hunting, wildlife populations are estimated to be too high in many countries which is assumed to be due to the market failure, that each hunter harvests too little compared to what the regulator wants. This may be due to the existing regulation which, among other things, requires knowledge of the individual harvest. However, information about the individual harvest may be costly to obtain. Thus, we may have to look for alternatives to the existing system. This paper proposes a population tax/subsidy as an alternative which is the difference between the actual and optimal population multiplied by an individual, variable tax rate. The variable tax rate is, among other things, based on the difference in marginal value of the population between the hunter and the regulator. The paper shows that the population tax/subsidy secures a first-best optimum. Thus, the population tax is a good alternative to the existing regulation.
AB - Within hunting, wildlife populations are estimated to be too high in many countries which is assumed to be due to the market failure, that each hunter harvests too little compared to what the regulator wants. This may be due to the existing regulation which, among other things, requires knowledge of the individual harvest. However, information about the individual harvest may be costly to obtain. Thus, we may have to look for alternatives to the existing system. This paper proposes a population tax/subsidy as an alternative which is the difference between the actual and optimal population multiplied by an individual, variable tax rate. The variable tax rate is, among other things, based on the difference in marginal value of the population between the hunter and the regulator. The paper shows that the population tax/subsidy secures a first-best optimum. Thus, the population tax is a good alternative to the existing regulation.
M3 - Working paper
T3 - FOI Working Paper
SP - 1
EP - 21
BT - The regulation of hunting
PB - Institute of Food and Resource Economics, University of Copenhagen
CY - Frederiksberg
ER -
ID: 47202849