Valuation of Externalities Related to Investment Projects in Agriculture

Kód výsledku v 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>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Valuation of Externalities Related to Investment Projects in Agriculture

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

Valuation of Externalities Related to Investment Projects in Agriculture

Popis výsledku anglicky

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.

Druh

D - Stať ve sborníku

CEP obor

GA - Zemědělská ekonomie

OECD FORD obor

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Projekt

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Návaznosti

V - Vyzkumna aktivita podporovana z jinych verejnych zdroju

Rok uplatnění

2016

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

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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Počet stran výsledku

9

Strana od-do

352-360

Název nakladatele

Masarykova univerzita Brno

Místo vydání

Brno

Místo konání akce

Šlapanice

Datum konání akce

21. 1. 2016

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

000379382400043