IDEAS home Printed from https://ideas.repec.org/p/ags/umciwp/14369.html
   My bibliography  Save this paper

A CONCEPTUAL MODEL OF ENVIRONMENTAL ACCOUNTING FOR INDIVIDUAL FARMS; Proceedings of the 4th Minnesota Padova Conference on Food, Agriculture, and the Environment, September 4-10, 1994, Wayzata, MN

Author

Listed:
  • Olson, Kent D.
  • Destro, Stefano

Abstract

The objective of this paper is to provide a framework of accounting to allow the evaluation and comparison of both conventional and traditional agriculture by accounting for both traditional market transactions and the environmental resources and changes in those resources. Even if a study estimates the value of the change in the resource inventory, the correction to the farmer's financial condition is not made in an explicit way. Again, the study by Faeth et al. makes a strong contribution to the need to have such an accounting system for farms. Farmers should be interested in this information because it is their own backyard where they are working, living and using their own assets. We start with a brief review of the work done with national accounts and then move to accounting on individual farms.

Suggested Citation

  • Olson, Kent D. & Destro, Stefano, 1995. "A CONCEPTUAL MODEL OF ENVIRONMENTAL ACCOUNTING FOR INDIVIDUAL FARMS; Proceedings of the 4th Minnesota Padova Conference on Food, Agriculture, and the Environment, September 4-10, 1994, Wayzata, MN," Working Papers 14369, University of Minnesota, Center for International Food and Agricultural Policy.
    • Handle: RePEc:ags:umciwp:14369
    DOI: 10.22004/ag.econ.14369
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/14369/files/wp95035c.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.14369?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Cabe, Richard & Johnson, Stanley R., 1990. "Natural Resource Accounting Systems and Environmental Policy Modeling," Staff General Research Papers Archive 581, Iowa State University, Department of Economics.
    2. Dasgupta, Partha, 1990. "The Environment as a Commodity," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 6(1), pages 51-67, Spring.
    3. Oscar R. Burt, 1972. "More Sophisticated Tools for Less Important Problems: The History of Range Improvement Research: Reply," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 54(1), pages 134-135.
    4. Partha Dasgupta, 1990. "The Environment as a Commodity," WIDER Working Paper Series wp-1990-084, World Institute for Development Economic Research (UNU-WIDER).
    5. Richard Cabe & Stanley R. Johnson, 1990. "Natural Resource Accounting Systems and Environmental Policy Modeling," Center for Agricultural and Rural Development (CARD) Publications 90-wp65, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    6. Christian Leipert, 1989. "National Income and Economic Growth: The Conceptual Side of Defensive Expenditures," Journal of Economic Issues, Taylor & Francis Journals, vol. 23(3), pages 843-856, September.
    7. Fox, Glenn & Weersink, Alfons & Sarwar, Ghulam & Duff, Scott & Deen, Bill, 1991. "Comparative Economics Of Alternative Agricultural Production Systems: A Review," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 20(1), pages 1-19, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. repec:ilo:ilowps:292066 is not listed on IDEAS
    2. Karshenas M., 1993. "Environment, employment and sustainable development," ILO Working Papers 992920663402676, International Labour Organization.
    3. Haradhan Kumar Mohajan, 2011. "The NNP and Sustainability in Open Economy: Highlights on Recent World Economy and on Open Economy of Bangladesh," KASBIT Business Journals (KBJ), Khadim Ali Shah Bukhari Institute of Technology (KASBIT), vol. 4, pages 32-47, December.
    4. Dasgupta, Partha, 2000. "Valuation and evaluation: measuring the quality of life and evaluating policy," LSE Research Online Documents on Economics 6657, London School of Economics and Political Science, LSE Library.
    5. Johnson Kakeu, 2023. "Concerns for Long-Run Risks and Natural Resource Policy," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 84(4), pages 1051-1093, April.
    6. Vaughan, William J. & Ardila, Sergio, 1993. "Economic Analysis of the Environmental Aspects of Investment Projects," IDB Publications (Working Papers) 6300, Inter-American Development Bank.
    7. Peter Drysdale & Yiping Huang, 1995. "Growth, Energy and the Environment: new challenges for the Asian‐Pacific economy," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 9(2), pages 1-12, November.
    8. Crabbé, Philippe, 1990. "Les économistes doivent-ils se mettre au vert?," L'Actualité Economique, Société Canadienne de Science Economique, vol. 66(3), pages 285-304, septembre.
    9. Asheim, Geir B., 1996. "Capital gains and net national product in open economies," Journal of Public Economics, Elsevier, vol. 59(3), pages 419-434, March.
    10. Davies, Rob & Rattso, Jorn, 1996. "Growth, distribution and environment: Macroeconomic issues in Zimbabwe," World Development, Elsevier, vol. 24(2), pages 395-405, February.
    11. Ohl, Cornelia, 2002. "Risk Aversion - A Necessary Condition for Limiting Global Environmental Risks?," Discussion Paper Series 26360, Hamburg Institute of International Economics.
    12. Chenai Murata & Sukhmani Mantel & Chris de Wet & Anthony R Palmer, 2019. "Lay Knowledge of Ecosystem Services in Rural Eastern Cape Province, South Africa: Implications for Intervention Program Planning," Water Economics and Policy (WEP), World Scientific Publishing Co. Pte. Ltd., vol. 5(02), pages 1-29, April.
    13. Harris, M., 2000. "Some Unpleasant Natural Resource Accounting Arithmetic: The Welfare Inconsitency of," Department of Economics - Working Papers Series 765, The University of Melbourne.
    14. Brigitte Hoogendoorn & Peter Zwan & Roy Thurik, 2019. "Sustainable Entrepreneurship: The Role of Perceived Barriers and Risk," Journal of Business Ethics, Springer, vol. 157(4), pages 1133-1154, July.
    15. William J. Vaughan & Sergio Ardila, 1993. "Economic Analysis of the Environmental Aspects of Investment Projects," IDB Publications (Working Papers) 25438, Inter-American Development Bank.
    16. Dasgupta, Partha, 2010. "The Place of Nature in Economic Development," Handbook of Development Economics, in: Dani Rodrik & Mark Rosenzweig (ed.), Handbook of Development Economics, edition 1, volume 5, chapter 0, pages 4977-5046, Elsevier.
    17. repec:ksb:journl:v:4:y:2011:i:1:p:32-47 is not listed on IDEAS
    18. Kenneth Arrow & Partha Dasgupta & Lawrence Goulder & Gretchen Daily & Paul Ehrlich & Geoffrey Heal & Simon Levin & Karl-Göran Mäler & Stephen Schneider & David Starrett & Brian Walker, 2004. "Are We Consuming Too Much?," Journal of Economic Perspectives, American Economic Association, vol. 18(3), pages 147-172, Summer.
    19. Keun Lee, 1997. "The Road to the Market in North Korea: Projects, Problems and Prospects," WIDER Working Paper Series wp-1997-139, World Institute for Development Economic Research (UNU-WIDER).
    20. Massoud Karshenas, 1994. "Environment, Technology and Employment: Towards a New Definition of Sustainable Development," Development and Change, International Institute of Social Studies, vol. 25(4), pages 723-756, October.
    21. Chichilnisky, Graciela, 1994. "North-South trade, property rights and the dynamics of environmental resources," MPRA Paper 8415, University Library of Munich, Germany.
    22. Ohl, Cornelia, 2002. "Risk aversion - a necessary condition for limiting global environmental risks?," HWWA Discussion Papers 190, Hamburg Institute of International Economics (HWWA).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:umciwp:14369. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/ciumnus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.