IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this article or follow this journal

Valuing the outputs of multifunctional agriculture

  • Alan Randall
Registered author(s):

    Given that agriculture produces a broad array of valuable amenities in addition to commodity outputs, 'green payments' might be a tool for maximising welfare from the agricultural enterprise. Here, I argue that getting the 'green prices' wrong would entail welfare losses and trade distortions. The valuation task requires making some fine distinctions in terms of amenity type, quality and accessibility to demanders. The environmental valuation community is able in principle to provide good estimates of willingness to pay for agriculturally produced amenities, but the valuation task requires an effort on a larger scale than has yet been attempted; and approaching the welfare optimum while minimising trade distortions requires targeting 'green prices' down to the farm level. Copyright 2002, Oxford University Press.

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below under "Related research" whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Article provided by Foundation for the European Review of Agricultural Economics in its journal European Review of Agricultural Economics.

    Volume (Year): 29 (2002)
    Issue (Month): 3 (July)
    Pages: 289-307

    as
    in new window

    Handle: RePEc:oup:erevae:v:29:y:2002:i:3:p:289-307
    Contact details of provider: Postal: Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK
    Fax: 01865 267 985
    Web page: http://www.erae.oupjournals.org/
    Email:


    More information through EDIRC

    Order Information: Web: http://www.oup.co.uk/journals

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:oup:erevae:v:29:y:2002:i:3:p:289-307. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press)

    or (Christopher F. Baum)

    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 references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.

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

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.