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Research article - Peer-reviewed, 2017

An Empirical Analysis of Hunting Lease Pricing and Value of Game in Sweden

Mensah, Justice Tei; Elofsson, Katarina


Game species generate considerable benefits to society in terms of hunting values, tourism, and maintenance of ecosystem balance. This paper seeks to estimate hunting values for multiple hunted species by diseniangling the role of wildlife harvesting opportunities from other factors that affect hunting lease prices. We examine the determinants of hunting lease prices in Sweden using both spatial and nonspatial econometric techniques. Our analysis confirms considerable hunting values for fallow deer and wild boar. Also, the study reveals the presence of spatial spillovers in lease prices, implying that landowners have little scope for exerting monopoly power on the hunting lease market.

Published in

Land Economics
2017, volume: 93, number: 2, pages: 292-308

Authors' information

Mensah, Justice Tei (Tei Mensah, Justice)
Swedish University of Agricultural Sciences, Department of Economics
Swedish University of Agricultural Sciences, Department of Economics

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