Next Article in Journal
A Probabilistic Analysis of the Switchgrass Ethanol Cycle
Previous Article in Journal
Hurdles to Forest Friendly Farming: Sustainability Lessons from Southeastern Mexico
Article Menu

Export Article

Open AccessArticle
Sustainability 2010, 2(10), 3142-3157; doi:10.3390/su2103142

The Baleen Whales’ Saving Grace: The Introduction of Petroleum Based Products in the Market and Its Impact on the Whaling Industry

Department of Business and Economics, The Pennsylvania State University-Lehigh Valley, 2809 Saucon Valley Rd., Center Valley, PA 18034, USA
*
Author to whom correspondence should be addressed.
Received: 16 August 2010 / Revised: 22 September 2010 / Accepted: 26 September 2010 / Published: 30 September 2010
View Full-Text   |   Download PDF [133 KB, uploaded 24 February 2015]

Abstract

This paper presents empirical evidence which indicates that the introduction of petroleum based products on the American markets was a significant factor in reducing the demand for whale oil. As a result, the whaling industry, America’s 5th largest industry at the time, soon collapsed. A counterfactual study is then presented which suggests that if the introduction of petroleum based products had been delayed, then the increase in demand as a result of rising GDP per capita, as well as rapid industrialization, would have given whalers incentive to continue chasing after a diminishing whale population. This could have resulted in the baleen whale population being subject to unsustainable harvest levels.
Keywords: sustainable yield; whaling; sperm whales; baleen whales sustainable yield; whaling; sperm whales; baleen whales
This is an open access article distributed under the Creative Commons Attribution License (CC BY 3.0).

Scifeed alert for new publications

Never miss any articles matching your research from any publisher
  • Get alerts for new papers matching your research
  • Find out the new papers from selected authors
  • Updated daily for 49'000+ journals and 6000+ publishers
  • Define your Scifeed now

SciFeed Share & Cite This Article

MDPI and ACS Style

McCollough, J.; Check, H.F., Jr. The Baleen Whales’ Saving Grace: The Introduction of Petroleum Based Products in the Market and Its Impact on the Whaling Industry. Sustainability 2010, 2, 3142-3157.

Show more citation formats Show less citations formats

Related Articles

Article Metrics

Article Access Statistics

1

Comments

[Return to top]
Sustainability EISSN 2071-1050 Published by MDPI AG, Basel, Switzerland RSS E-Mail Table of Contents Alert
Back to Top