Extended model of the natural resource input-output market : game meat in Latvia as an example.
Authors
Yukichika Kawata
Keywords:
Game meat, Input and output markets, Oligopsony/oligopoly power model, Underuse, Personal consumption, Q21, Q57
Abstract
This paper incorporates input and output markets into a traditional natural
resource economics model which was developed in fishery economics, in the
context of terrestrial wild animal management. This model enables the division
of the total game meat under the cull limit into personal consumption and
market circulation. It is indicated that the utilization of game meat depends on
the limitations in the optimum resource levels and the input market prices. While
overuse is a typical problem in fishery economics, underuse is an issue in the case
of wild animals, and the model successfully explains this issue.
