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An Econometric Analysis Of The Wildlife Market In South Africa
Since there has been no comprehensive nationwide economic study on the expanding wildlife market in South Africa, the present study ventures into a relatively unexplored economic terrain in the hope that more studies will be stimulated in that direction. The study focuses, firstly, on presenting an economic overview of the current trends within the wildlife market of South Africa, attempting inter alia to demonstrate how the sustainable utilisation of wildlife can contribute to both conservation and the economy. Secondly, it is endeavoured to describe the demand for wildlife species at game auctions across South Africa, using a range of econometric modelling techniques.