Preprint Article Version 1 Preserved in Portico This version is not peer-reviewed

Identification and Analysis of Agricultural Externalities (A Valuation Methodology on Examples)

Version 1 : Received: 31 October 2018 / Approved: 1 November 2018 / Online: 1 November 2018 (18:31:26 CET)

How to cite: Baum, R.; Kozera-Kowalska, M. Identification and Analysis of Agricultural Externalities (A Valuation Methodology on Examples). Preprints 2018, 2018110002. https://doi.org/10.20944/preprints201811.0002.v1 Baum, R.; Kozera-Kowalska, M. Identification and Analysis of Agricultural Externalities (A Valuation Methodology on Examples). Preprints 2018, 2018110002. https://doi.org/10.20944/preprints201811.0002.v1

Abstract

The agriculture and rural areas perform a new function which requires the delivery of public goods to the society. In turn, a comprehensive identification and analysis of agricultural externalities (external economies) involves a need for developing a dedicated valuation methodology. This paper presents the assumptions of the public goods theory and puts them in the context of agriculture. The study focuses on analyzing the valuation methods for external economies, and proposes a methodology for the valuation of some illustrative positive externalities of agricultural production and of natural environment resources regarded as public goods (the agri-tourist value of a farm and the value of a natural waterhole).

Keywords

Agricultural ExternalitiesPublic GoodsSustainable Agricultural Development Multifunctional Agriculture

Subject

Business, Economics and Management, Economics

Comments (0)

We encourage comments and feedback from a broad range of readers. See criteria for comments and our Diversity statement.

Leave a public comment
Send a private comment to the author(s)
* All users must log in before leaving a comment
Views 0
Downloads 0
Comments 0
Metrics 0


×
Alerts
Notify me about updates to this article or when a peer-reviewed version is published.
We use cookies on our website to ensure you get the best experience.
Read more about our cookies here.