Publication | Closed Access
Trophy hunting in the Namibian economy: an assessment
54
Citations
7
References
2003
Year
Public PolicyEconomicsGross ValueEconomic DevelopmentDevelopment EconomicsBusinessEconomic AnalysisHunting SeasonEnvironmental EconomicsTrophy HuntingEconomic InstrumentResource EconomicsAfrican Development
Data derived from several sources were used to determine basic economic values for the trophy hunting industry in Namibia for the hunting season in 2000. Some 3640 trophy hunters spent 15 450 hunter-days, taking 13 310 game animals. Trophy hunting generated at least N$134 million (US$19.6 million) in direct expenditures, or gross output. Gross value added directly attributable to the industry was conservatively estimated at some N$63 million (US$9.2 million). Trophy hunting constitutes at least 14% of the total tourism sector and is a significant component of the Namibian economy. Some 24% of the income earned in the trophy hunting industry accrues to poor segments of society in the form of wages and rentals/royalties. About 21% of income generated is captured by the government, through fees and taxes. Trophy hunting is an important contributor to development. More research on the economics of the industry is needed.
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