Valuation of Externalities Related to Investment Projects in Agriculture
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00027251%3A_____%2F16%3AN0000012" target="_blank" >RIV/00027251:_____/16:N0000012 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Valuation of Externalities Related to Investment Projects in Agriculture
Original language description
Ministry of Agriculture of the Czech Republic provides subsidies for investment projects of agricultural holdings mainly through Rural Development Programme of the Czech Republic for years 2014-2020. As the finances are public the projects for funding should be selected knowing their social costs and benefits, and hence efficiency and feasibility. For this purpose Costs Benefit Analysis (CBA) is recommended. The projects financed from RDP had not been selected based on CBA before. There is a need to evaluate the externalities related to the projects and establish their prices which will be used when the farmer prepares application for subsidy. The aim of the article is to prepare the methodological field for the valuation of externalities. Requirements for the prices of externalities are set and discussed based on literature review. The prices should be expressed in easily measurable physical units and easy to use and update without too much additional costs. Certain solutions for determination of prices of odour and noise are stated. While for the first mentioned externality a method of preventive costs is recommended, valuation of noise should utilize wiliness to pay and hedonic pricing model.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
GA - Agricultural economics
OECD FORD branch
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Result continuities
Project
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Continuities
V - Vyzkumna aktivita podporovana z jinych verejnych zdroju
Others
Publication year
2016
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
20th International Conference on Current Trends in Public Sector Research
ISBN
978-80-210-8082-9
ISSN
2336-1239
e-ISSN
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Number of pages
9
Pages from-to
352-360
Publisher name
Masarykova univerzita Brno
Place of publication
Brno
Event location
Šlapanice
Event date
Jan 21, 2016
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
000379382400043