Externalities in agriculture: How to include their monetary value in decision‑making? International Journal of Environmental Science and Technology
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00027251%3A_____%2F20%3AN0000002" target="_blank" >RIV/00027251:_____/20:N0000002 - isvavai.cz</a>
Result on the web
<a href="https://link.springer.com/article/10.1007/s13762-020-02752-7" target="_blank" >https://link.springer.com/article/10.1007/s13762-020-02752-7</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1007/s13762-020-02752-7" target="_blank" >10.1007/s13762-020-02752-7</a>
Alternative languages
Result language
angličtina
Original language name
Externalities in agriculture: How to include their monetary value in decision‑making? International Journal of Environmental Science and Technology
Original language description
Soil protection and sustainable agriculture have become a key issue in Common Agricultural Policy. Emphasis is being placed on climate-smart agriculture, nature-friendly agricultural technologies and implementation of a range of nature-based measures to protect soil, retain water in landscape, etc. Recent agricultural policy is mostly based on qualitative assessment of the current state and impacts of technologies. Economic assessment is still missing, although subsidies and other forms of financial support are provided from both national and European Union funds. Externalities in agriculture not only generate social costs and profits for the current generation but also strongly affect future well-being. The objective of this paper is to present a newly developed approach that enables monetary assessment of externalities in agriculture. The process of monetary assessment means inclusion and calculation of all costs and benefits, including positive and negative externalities going beyond financial revenue. The methodology is based on modified cost–benefit analysis using the concept of ecosystem services. The proposed method is demonstrated on a case study in the South Moravian Region of the Czech Republic. This region has been struggling with drought in the last few years, but its agricultural technologies are not adapted and appropriate nature-based solutions are not implemented. Economic analysis focuses on assessment of externalities and possible measures. It covers operating and investment costs; the loss of profits due to decreasing production; and benefits consisting mainly of prevented loss of regulating services. The results show that implementation of measures is always preferable regardless of climate change and avoids society loss.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
10511 - Environmental sciences (social aspects to be 5.7)
Result continuities
Project
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Continuities
R - Projekt Ramcoveho programu EK
Others
Publication year
2020
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
International Journal of Environmental Science and Technology
ISSN
1735-1472
e-ISSN
1735-2630
Volume of the periodical
18
Issue of the periodical within the volume
1
Country of publishing house
US - UNITED STATES
Number of pages
18
Pages from-to
3-20
UT code for WoS article
000530295100002
EID of the result in the Scopus database
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