Commercial and Economic Aspects of Antarctic Exploration -- From the Earliest Discoveries into the 19th Century.

32 Pages Posted: 19 Jun 2015

See all articles by Bjørn Basberg

Bjørn Basberg

Norwegian School of Economics (NHH) - Department of Economics

Date Written: June 9, 2015

Abstract

Antarctic exploration always had strong scientific as well as political motives. This paper argues that commercial motivations more often than not, also were an interwoven part of the rationale of the expeditions. The paper analyses the commercial and economic motivation in early Antarctic exploration, by the explorers themselves as well as their sponsors (governments, private businessmen, scientific communities). It reviews the earliest expeditions that searched for the still unknown continent that was hoped to advance commerce and trade. The eventual discoveries did not reveal a prosperous continent in a traditional sense. The exploitable resources – seals and whales – were instead found in the ocean, at the islands and around the continent. The paper reviews the earliest discoveries and plans to exploit those resources, and the origins of what was to become the first industries of the Antarctic region. The paper deals primarily with the period before the ‘Heroic Age’ when the focus of the explorers became the penetration of the Antarctic continent itself.

Keywords: Antarctica, Terra Australis, exploration, whaling, sealing, history

JEL Classification: N40, N50, N70, N90

Suggested Citation

Basberg, Bjørn, Commercial and Economic Aspects of Antarctic Exploration -- From the Earliest Discoveries into the 19th Century. (June 9, 2015). NHH Dept. of Economics Discussion Paper No. 13/2015. Available at SSRN: https://ssrn.com/abstract=2620571 or http://dx.doi.org/10.2139/ssrn.2620571

Bjørn Basberg (Contact Author)

Norwegian School of Economics (NHH) - Department of Economics ( email )

Helleveien 30
N-5035 Bergen
Norway

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