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Economics of new technologies for sustainable agriculture

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  • Zilberman, David
  • Khanna, Madhu
  • Lipper, Leslie

Abstract

Sustainable agriculture is prescribed as a policy approach that maximizes economic benefits while maintaining environmental quality. It is argued that this approach is human capital-intensive and encourages new scientific developments. To attain sustainability, economic incentives for the development and adoption of precision technologies (with minimal residues that cause environmental damage) have to be developed. Taxation and tradeable permits are desirable policies to attain first-best solutions; however, when heterogeneity and lack-of-information problems are significant, alternative institutions have to be developed. The paper presents and discusses such institutions.

Suggested Citation

  • Zilberman, David & Khanna, Madhu & Lipper, Leslie, 1997. "Economics of new technologies for sustainable agriculture," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 41(1), pages 1-18.
    • Handle: RePEc:ags:aareaj:118008
    DOI: 10.22004/ag.econ.118008
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    References listed on IDEAS

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    Cited by:

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    2. Rigby, D. & Caceres, D., 2001. "Organic farming and the sustainability of agricultural systems," Agricultural Systems, Elsevier, vol. 68(1), pages 21-40, April.
    3. Yuying Liu & Kaiyao Shi & Ziqi Liu & Ling Qiu & Yan Wang & Hao Liu & Xinhong Fu, 2022. "The Effect of Technical Training Provided by Agricultural Cooperatives on Farmers’ Adoption of Organic Fertilizers in China: Based on the Mediation Role of Ability and Perception," IJERPH, MDPI, vol. 19(21), pages 1-20, November.
    4. Shi, Tian, 2002. "Ecological agriculture in China: bridging the gap between rhetoric and practice of sustainability," Ecological Economics, Elsevier, vol. 42(3), pages 359-368, September.
    5. Madhu Khanna, 2021. "Digital Transformation of the Agricultural Sector: Pathways, Drivers and Policy Implications," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 43(4), pages 1221-1242, December.
    6. De Janvry, Alain & Sadoulet, Elisabeth & Murgai, Rinku, 2002. "Rural development and rural policy," Handbook of Agricultural Economics, in: B. L. Gardner & G. C. Rausser (ed.), Handbook of Agricultural Economics, edition 1, volume 2, chapter 31, pages 1593-1658, Elsevier.
    7. Raina, Rajeswari S., 2003. "Disciplines, institutions and organizations: impact assessments in context," Agricultural Systems, Elsevier, vol. 78(2), pages 185-211, November.
    8. César Salazar & John Rand, 2016. "Production risk and adoption of irrigation technology: evidence from small-scale farmers in Chile," Latin American Economic Review, Springer;Centro de Investigaciòn y Docencia Económica (CIDE), vol. 25(1), pages 1-37, December.
    9. Alfons Weersink & John R. Livernois & Jason F. Shogren & James S. Shortle, 1998. "Economic Instruments and Environmental Policy in Agriculture," Canadian Public Policy, University of Toronto Press, vol. 24(3), pages 309-327, September.
    10. Nigel W. T. Quinn, 2020. "Policy Innovation and Governance for Irrigation Sustainability in the Arid, Saline San Joaquin River Basin," Sustainability, MDPI, vol. 12(11), pages 1-38, June.

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    Keywords

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