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Managing environmental risk in agriculture: a systematic perspective on the potential of quantitative policy-oriented risk valuation

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Author Info

  • Travisi, C.M.

    (Vrije Universiteit Amsterdam, Faculteit der Economische Wetenschappen en Econometrie (Free University Amsterdam, Faculty of Economics Sciences, Business Administration and Economitrics)

  • Nijkamp, P.

Abstract

This paper seeks to offer a systematic overview of methods and techniques for environmental quality degradation, with a particular view to the management of agricultural risk, against the background of policy relevance. The paper argues that modern valuation methods from ecological economics can play an important role in advancing transparent policy decisions, but at the same time the paper also warns against unjustified optimism. Consequently, also a systematic review of various caveats in evaluation methods is offered.

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File URL: ftp://zappa.ubvu.vu.nl/20090043.pdf
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Bibliographic Info

Paper provided by VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics in its series Serie Research Memoranda with number 0043.

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Date of creation: 2009
Date of revision:
Handle: RePEc:dgr:vuarem:2009-43

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Web page: http://www.feweb.vu.nl

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References

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  1. Brouwer, Roy, 2000. "Environmental value transfer: state of the art and future prospects," Ecological Economics, Elsevier, vol. 32(1), pages 137-152, January.
  2. Tsu-Tan Fu & Jin-Tan Liu & James K. Hammitt, 1999. "Consumer Willingness to Pay for Low-Pesticide Fresh Produce in Taiwan," Journal of Agricultural Economics, Wiley Blackwell, vol. 50(2), pages 220-233.
  3. Bateman,Ian J. & Lovett,Andrew A. & Brainard,Julii S., 2005. "Applied Environmental Economics," Cambridge Books, Cambridge University Press, number 9780521671583, October.
  4. Nick Hanley & David Oglethorpe, 1999. "Emerging Policies on Externalities from Agriculture: An Analysis for the European Union," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 81(5), pages 1222-1227.
  5. Mullen, Jeffrey D. & Norton, George W. & Reaves, Dixie Watts, 1997. "Economic Analysis Of Environmental Benefits Of Integrated Pest Management," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 29(02), December.
  6. V. Smith & Ju Huang, 1993. "Hedonic models and air pollution: Twenty-five years and counting," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 3(4), pages 381-394, August.
  7. Norton, Bryan G., 1995. "Evaluating ecosystem states: Two competing paradigms," Ecological Economics, Elsevier, vol. 14(2), pages 113-127, August.
  8. Nijkamp, Peter, 1997. "Environmental and regional economics," Serie Research Memoranda 0027, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
  9. Cuyno, Leah C. M. & Norton, George W. & Rola, Agnes, 2001. "Economic analysis of environmental benefits of integrated pest management: a Philippine case study," Agricultural Economics, Blackwell, vol. 25(2-3), pages 227-233, September.
  10. Roy Brouwer & Frank Spaninks, 1999. "The Validity of Environmental Benefits Transfer: Further Empirical Testing," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 14(1), pages 95-117, July.
  11. Vivien Foster & Susana Mourato, 2000. "Valuing the Multiple Impacts of Pesticide Use in the UK: A Contingent Ranking Approach," Journal of Agricultural Economics, Wiley Blackwell, vol. 51(1), pages 1-21.
  12. Jeffrey R. Blend & Eileen O. van Ravenswaay, 1999. "Measuring Consumer Demand for Ecolabeled Apples," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 81(5), pages 1072-1077.
  13. Pretty, J. N. & Brett, C. & Gee, D. & Hine, R. E. & Mason, C. F. & Morison, J. I. L. & Raven, H. & Rayment, M. D. & van der Bijl, G., 2000. "An assessment of the total external costs of UK agriculture," Agricultural Systems, Elsevier, vol. 65(2), pages 113-136, August.
  14. Ekins, Paul, 1999. "European environmental taxes and charges: recent experience, issues and trends," Ecological Economics, Elsevier, vol. 31(1), pages 39-62, October.
  15. Bartelmus, Peter, 1999. "Green accounting for a sustainable economy: Policy use and analysis of environmental accounts in the Philippines," Ecological Economics, Elsevier, vol. 29(1), pages 155-170, April.
  16. Florax, Raymond J.G.M., 2001. "Methodological pitfalls in meta-analysis: publication bias," Serie Research Memoranda 0028, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
  17. Lohr, Luanne & Park, Timothy & Higley, Leon, 1999. "Farmer risk assessment for voluntary insecticide reduction," Ecological Economics, Elsevier, vol. 30(1), pages 121-130, July.
  18. Chiara Maria Travisi & Peter Nijkamp & Marco Vighi & Paolo Giacomelli, 2004. "Managing Pesticide Risks for Non-Target Ecosystems with Pesticide Risk Indicators: a Multicriteria Approach," Tinbergen Institute Discussion Papers 04-009/3, Tinbergen Institute.
  19. Roosen, Jutta & Fox, John A. & Hennessy, David A. & Schreiber, Alan, 1998. "Consumers' Valuation Of Insecticide Use Restrictions: An Application To Apples," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 23(02), December.
  20. Brethour, Cher & Weersink, Alfons, 2001. "An economic evaluation of the environmental benefits from pesticide reduction," Agricultural Economics, Blackwell, vol. 25(2-3), pages 219-226, September.
  21. Gary D. Thompson & Julia Kidwell, 1998. "Explaining the Choice of Organic Produce: Cosmetic Defects, Prices, and Consumer Preferences," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(2), pages 277-287.
  22. Chiara M. Travisi & Peter Nijkamp, 2004. "Willingness to Pay for Agricultural Environmental Safety: Evidence from a Survey of Milan, Italy, Residents," Working Papers 2004.100, Fondazione Eni Enrico Mattei.
  23. Suter, Glenn II, 1995. "Adapting ecological risk assessment for ecosystem valuation," Ecological Economics, Elsevier, vol. 14(2), pages 137-141, August.
  24. Turner, Paul & Tschirhart, John, 1999. "Green accounting and the welfare gap," Ecological Economics, Elsevier, vol. 30(1), pages 161-175, July.
  25. Louviere,Jordan J. & Hensher,David A. & Swait,Joffre D. With contributions by-Name:Adamowicz,Wiktor, 2000. "Stated Choice Methods," Cambridge Books, Cambridge University Press, number 9780521788304, October.
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Cited by:
  1. Gromicho, J.A.S. & Hoorn, J.J. van & Timmer, G.T., 2009. "Exponentially better than brute force: solving the jobshop scheduling problem optimally by dynamic programming," Serie Research Memoranda 0056, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.

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