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Economics of new technologies for sustainable agriculture

Author

Listed:
  • 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), March.
  • Handle: RePEc:ags:aareaj:118008
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    File URL: http://purl.umn.edu/118008
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    References listed on IDEAS

    as
    1. Farhed Shah & David Zilberman & Erik Lichtenberg, 1995. "Optimal combination of pollution prevention and abatement policies: The case of agricultural drainage," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 5(1), pages 29-49, January.
    2. D. Hueth & U. Regev, 1974. "Optimal Agricultural Pest Management with Increasing Pest Resistance," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 56(3), pages 543-552.
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    Cited by:

    1. Raina, Rajeswari S., 2003. "Disciplines, institutions and organizations: impact assessments in context," Agricultural Systems, Elsevier, vol. 78(2), pages 185-211, November.
    2. 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.
    3. Rigby, D. & Caceres, D., 2001. "Organic farming and the sustainability of agricultural systems," Agricultural Systems, Elsevier, vol. 68(1), pages 21-40, April.
    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. 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.

    More about this item

    Keywords

    Farm Management;

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