A commentary on the economic aspects of the trade and TRAFFIC of wild animals and their correlates to the demand curve

1 ECOLOGICAL ECONOMY DEPARTMENT, IDECC INSTITUTE FOR DEVELOPMENT ECOLOGY CONSERVATION AND COOPERATION, Rome, Italy
2 Department of Applied and Environmental Biology, Niger Delta Ecology and Biodiversity Conservation Unit, Port HArcourt, Rivers State, Nigeria
3 Department of Zoology, University of Lomé, Lomé, Togo
DOI
10.7287/peerj.preprints.27631v1
Published
Accepted
Subject Areas
Ecology, Evolutionary Studies, Environmental Impacts, Forestry
Keywords
wild trade, elasticity demand, biodiversity overexploitation, traffic, black market, Kinixys, global demand, markets equilibrium, Testudinidae, conservation policies
Copyright
© 2019 Dendi
Licence
This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, reproduction and adaptation in any medium and for any purpose provided that it is properly attributed. For attribution, the original author(s), title, publication source (PeerJ Preprints) and either DOI or URL of the article must be cited.
Cite this article
Dendi DD. 2019. A commentary on the economic aspects of the trade and TRAFFIC of wild animals and their correlates to the demand curve. PeerJ Preprints 7:e27631v1

Abstract

All animals subject to legal and illegal trade are to be considered from an economical point of view as real economic goods. This preliminary study shows how the economic correlates of the wild trade may influence the elasticity of the demand curve. The elasticity of the demand curve should become a driver in the conservation policy focused to protect the biodiversity of the species. The prices trends are an important key to fully study the elasticity of demand. Understanding the response of consumers and hunters to perceived rarity is vital for predicting the impact of intervention strategies that seek to minimize extinction risk (Hall 2008). The trade in animals is directed towards markets with a higher level of income. In the global market, as the goods increase in price, they will always find their demand. For conservation reasons it is extremely important to understand which are, for each species, the reactions of the demand curve respect to the price changes

Author Comment

This study proposes an economic rereading of the wild trade by analysing the economic parameters involved in the wild trade demand for the implementation of conservation policies.

For conservation reasons it is extremely important to understand which are, for each species, the reactions of the demand curve respect to the price changes.

There are economic variables governing the market and influencing the quantities traded; to date, however, these variables have not been sufficiently investigated and require more in-depth studies.

Towards policies addressed to regulate the quantity trade on the market it is possible to have positive effects on the preservation of the biodiversity.