IDEAS home Printed from https://ideas.repec.org/p/ags/iaae18/277319.html
   My bibliography  Save this paper

A revised approach to assess adjusted dairy production costs considering water availability

Author

Listed:
  • Fernandez, E.
  • Silva Carrazzone, M.E.
  • Ferraro, B.

Abstract

This paper introduces an alternative approach to quantify and value natural resources involved in production process. To develop this methodology, we present the case of freshwater consumption in dairy production in Uruguay and an international comparison among selected countries. Based on already existing techniques, we suggest the development of a cost function that incorporates operating costs of production, water footprint, a valorization of freshwater through residual imputation method and a factor of adjustment through Water Stress Index (WSI). The inclusion of WSI allows to build an opportunity or reserve cost according to availability or scarcity of the resource in a certain watershed or region; resulting not only from natural provision of it but also from the consumption or pressure that different users make on the resource. This study is a first approximation to the matter of the inclusion of the services provided by certain natural resources in the calculation of production costs given their regional availability, other alternative uses and their variability or replacement rate. Based on reviewed bibliography we suggest further applications and development that could be of great significance in the framework of sustainable development. Acknowledgement : To Francisco Manazza

Suggested Citation

  • Fernandez, E. & Silva Carrazzone, M.E. & Ferraro, B., 2018. "A revised approach to assess adjusted dairy production costs considering water availability," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277319, International Association of Agricultural Economists.
    • Handle: RePEc:ags:iaae18:277319
    DOI: 10.22004/ag.econ.277319
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/277319/files/1653.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.277319?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
    ---><---

    More about this item

    Keywords

    ;

    Statistics

    Access and download statistics

    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:iaae18:277319. 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.

    We have no bibliographic references for this item. You can help adding them by using 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/iaaeeea.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.