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On the Value of Agricultural Biodiversity

Author

Listed:
  • Salvatore Di Falco

    (Department of Geography and Environment, London School of Economics, London WC2A 2AE, United Kingdom)

Abstract

Crop biodiversity is very important for both the functioning of ecological systems and the generation of a vast array of ecosystem services. More agricultural biodiversity is associated with higher agriculture production and lower risk exposure. This article explores the recent contributions on the economics of agrobiodiversity. The focus is (mostly) on the empirical literature. Future issues are also highlighted.

Suggested Citation

  • Salvatore Di Falco, 2012. "On the Value of Agricultural Biodiversity," Annual Review of Resource Economics, Annual Reviews, vol. 4(1), pages 207-223, August.
    • Handle: RePEc:anr:reseco:v:4:y:2012:p:207-223
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    File URL: http://www.annualreviews.org/doi/abs/10.1146/annurev-resource-110811-114543
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    Citations

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    Cited by:

    1. Marie Lassalas & Sabine Duvaleix & Laure Latruffe, 2024. "The technical and economic effects of biodiversity standards on wheat production," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 51(2), pages 275-308.
    2. S. Madhumitha & Anubhab Pattanayak & K.S. Kavi Kumar, 2021. "Crop Diversity and Resilience to Droughts: Evidence from Indian Agriculture," Working Papers 2021-206, Madras School of Economics,Chennai,India.
    3. Bruno Lanz & Simon Dietz & Tim Swanson, 2016. "Economic growth and agricultural land conversion under uncertain productivity improvements in agriculture," GRI Working Papers 240, Grantham Research Institute on Climate Change and the Environment.
    4. Lanz, Bruno & Dietz, Simon & Swanson, Tim, 2018. "The Expansion of Modern Agriculture and Global Biodiversity Decline: An Integrated Assessment," Ecological Economics, Elsevier, vol. 144(C), pages 260-277.
    5. Bareille, Francois & Letort, Elodie & Dupraz, Pierre, 2017. "How Do Farmers Manage Their Biodiversity Through Time? A Dynamic Acreage Allocation Model With Productive Feedback," 2017 International Congress, August 28-September 1, 2017, Parma, Italy 260894, European Association of Agricultural Economists.
    6. Bartkowski, Bartosz, 2016. "Are diverse ecosystems more valuable? A conceptual framework for economic valuation of biodiversity," UFZ Discussion Papers 9/2016, Helmholtz Centre for Environmental Research (UFZ), Division of Social Sciences (ÖKUS).
    7. Cecilia Bellora & Jean-Marc Bourgeon, 2014. "Agricultural Trade, Biodiversity Effects and Food Price Volatility," Working Papers hal-01052971, HAL.
    8. Finger, Robert & Buchmann, Nina, 2015. "An ecological economic assessment of risk-reducing effects of species diversity in managed grasslands," Ecological Economics, Elsevier, vol. 110(C), pages 89-97.
    9. Anubhab Pattanayak & Madhumitha Srinivasan & K. S. Kavi Kumar, 2023. "Crop Diversity and Resilience to Droughts: Evidence from Indian Agriculture," Review of Development and Change, , vol. 28(2), pages 166-188, December.
    10. Bruno Lanz & Simon Dietz & Tim Swanson, 2018. "Global Economic Growth and Agricultural Land Conversion under Uncertain Productivity Improvements in Agriculture," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 100(2), pages 545-569.
    11. Cecilia Bellora & Jean-Marc Bourgeon, 2016. "Food trade, Biodiversity Effects and Price Volatility," Working Papers 2016-06, CEPII research center.
    12. Atallah, Shadi S. & Yan, Yizun, 2024. "Maple Syrup Producers' Willingness to Diversify Maple Forests for Increased Resilience," 2024 Annual Meeting, July 28-30, New Orleans, LA 343860, Agricultural and Applied Economics Association.
    13. Bozzola, Martina & Smale, Melinda, 2020. "The welfare effects of crop biodiversity as an adaptation to climate shocks in Kenya," World Development, Elsevier, vol. 135(C).
    14. Sodjahin, Romaric & Carpentier, Alain & Koutchade, Obafèmi Philippe & Femenia, Fabienne, 2022. "On the economic value of the agronomic effects of crop diversification for farmers: Estimation based on farm cost accounting data," 2022 Annual Meeting, July 31-August 2, Anaheim, California 322295, Agricultural and Applied Economics Association.
    15. Finger, Robert & Buchmann, Nina, 2014. "An ecological economic assessment of risk reducing effects of species diversity in grassland production," 2014 International Congress, August 26-29, 2014, Ljubljana, Slovenia 182681, European Association of Agricultural Economists.
    16. S. Madhumitha & Anubhab Pattanayak & K.S. Kavi Kumar, 2021. "Crop Diversity and Resilience to Droughts: Evidence from Indian Agriculture," Working Papers 2021-205, Madras School of Economics,Chennai,India.

    More about this item

    Keywords

    agrobiodiversity; ecosystem services; food production; resilience; developing countries;
    All these keywords.

    JEL classification:

    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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