IDEAS home Printed from https://ideas.repec.org/p/ags/nzar04/97773.html
   My bibliography  Save this paper

Aggregate eco-efficiency indices for New Zealand – a Principal Components Analysis

Author

Listed:
  • Jollands, Nigel
  • Lermit, Jonathan
  • Patterson, Murray

Abstract

Eco-efficiency has emerged as a management response to waste issues associated with current production processes. Despite the popularity of the term in both business and government circles, limited attention has been paid to measuring and reporting eco-efficiency to government policy makers. Aggregate measures of eco-efficiency are needed, to complement existing measures and to help highlight important patterns in eco-efficiency data. This paper aims to develop aggregate measures of eco-efficiency for use by policy makers. Specifically, this paper provides a unique analysis by applying principal components analysis (PCA) to eco-efficiency indicators in New Zealand. This study reveals that New Zealand's overall eco-efficiency improved for two out of the five aggregate measures over the period 1994/95 to 1997/98. The worsening of the other aggregate measures reflects, among other things, the relatively poor performance of the primary production and related processing sectors. These results show PCA is an effective approach for aggregating eco-efficiency indicators and assisting decision makers by reducing redundancy in an eco-efficiency indicators matrix.

Suggested Citation

  • Jollands, Nigel & Lermit, Jonathan & Patterson, Murray, 2004. "Aggregate eco-efficiency indices for New Zealand – a Principal Components Analysis," 2004 Conference, June 25-26, 2004, Blenheim, New Zealand 97773, New Zealand Agricultural and Resource Economics Society.
    • Handle: RePEc:ags:nzar04:97773
    DOI: 10.22004/ag.econ.97773
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/97773/files/2004-1-aggregate%20eco-efficiency%20indices%20for%20nz.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.97773?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
    ---><---

    References listed on IDEAS

    as
    1. Martinez-Alier, Joan & Munda, Giuseppe & O'Neill, John, 1998. "Weak comparability of values as a foundation for ecological economics," Ecological Economics, Elsevier, vol. 26(3), pages 277-286, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Hausknost, Daniel & Grima, Nelson & Singh, Simron Jit, 2017. "The political dimensions of Payments for Ecosystem Services (PES): Cascade or stairway?," Ecological Economics, Elsevier, vol. 131(C), pages 109-118.
    2. Shuang Liu & Kirsten Maclean & Cathy Robinson, 2019. "A cost-effective framework to prioritise stakeholder participation options," EURO Journal on Decision Processes, Springer;EURO - The Association of European Operational Research Societies, vol. 7(3), pages 221-241, November.
    3. Ramos-Martin, Jesus, 2003. "Empiricism in ecological economics: a perspective from complex systems theory," Ecological Economics, Elsevier, vol. 46(3), pages 387-398, October.
    4. Del Corso, Jean-Pierre & Kephaliacos, Charilaos & Plumecocq, Gaël, 2015. "Legitimizing farmers' new knowledge, learning and practices through communicative action: Application of an agro-environmental policy," Ecological Economics, Elsevier, vol. 117(C), pages 86-96.
    5. Tiziano Gomiero, 2016. "Soil Degradation, Land Scarcity and Food Security: Reviewing a Complex Challenge," Sustainability, MDPI, vol. 8(3), pages 1-41, March.
    6. J. Ram Pillarisetti & Jeroen C.J.M. van den Bergh, 2008. "Sustainable Nations: What do Aggregate Indicators tell us?," Tinbergen Institute Discussion Papers 08-012/3, Tinbergen Institute.
    7. Tubridy, Fiadh & Lennon, Mick & Scott, Mark, 2022. "Managed retreat and coastal climate change adaptation: The environmental justice implications and value of a coproduction approach," Land Use Policy, Elsevier, vol. 114(C).
    8. Kosoy, Nicolás & Corbera, Esteve, 2010. "Payments for ecosystem services as commodity fetishism," Ecological Economics, Elsevier, vol. 69(6), pages 1228-1236, April.
    9. Couix, Quentin, 2020. "Georgescu-Roegen's Flow-Fund Theory of Production in Retrospect," Ecological Economics, Elsevier, vol. 176(C).
    10. Spangenberg, Joachim H. & von Haaren, Christina & Settele, Josef, 2014. "The ecosystem service cascade: Further developing the metaphor. Integrating societal processes to accommodate social processes and planning, and the case of bioenergy," Ecological Economics, Elsevier, vol. 104(C), pages 22-32.
    11. Spash, Clive L. & Vatn, Arild, 2006. "Transferring environmental value estimates: Issues and alternatives," Ecological Economics, Elsevier, vol. 60(2), pages 379-388, December.
    12. Giuseppe Munda, 2003. "Social Multi-Criteria Evaluation (SMCE)," UHE Working papers 2003_04, Universitat Autònoma de Barcelona, Departament d'Economia i Història Econòmica, Unitat d'Història Econòmica.
    13. Martin Hensher & Gerry McCartney & Eleanor Ochodo, 2024. "Health Economics in a World of Uneconomic Growth," Applied Health Economics and Health Policy, Springer, vol. 22(4), pages 427-433, July.
    14. Palola, Pirta & Bailey, Richard & Wedding, Lisa, 2022. "A novel framework to operationalise value-pluralism in environmental valuation: Environmental value functions," Ecological Economics, Elsevier, vol. 193(C).
    15. Bredemeier, Birte & von Haaren, Christina & Rüter, Stefan & Reich, Michael & Meise, Thomas, 2015. "Evaluating the nature conservation value of field habitats: A model approach for targeting agri-environmental measures and projecting their effects," Ecological Modelling, Elsevier, vol. 295(C), pages 113-122.
    16. Farrell, Katharine N., 2011. "Framing the Valuation of Ecosystem Services: A Theoretical Discussion of the Challenges and Opportunities Associated with Articulating Values that Reflect the Economic Contributions of Ecological Phen," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114362, European Association of Agricultural Economists.
    17. Spash, Clive L., 2007. "Deliberative monetary valuation (DMV): Issues in combining economic and political processes to value environmental change," Ecological Economics, Elsevier, vol. 63(4), pages 690-699, September.
    18. Langemeyer, Johannes & Benra, Felipe & Nahuelhual, Laura & Zoderer, Brenda Maria, 2024. "Ecosystem Services Justice: The Emergence of a Critical Research Field," Ecosystem Services, Elsevier, vol. 69(C).
    19. Marletto, Gerardo & Mameli, Francesca, 2012. "A participative procedure to select indicators of policies for sustainable urban mobility. Outcomes of a national test," MPRA Paper 36433, University Library of Munich, Germany.
    20. Beling, Adrián E. & Vanhulst, Julien & Demaria, Federico & Rabi, Violeta & Carballo, Ana E. & Pelenc, Jérôme, 2018. "Discursive Synergies for a ‘Great Transformation’ Towards Sustainability: Pragmatic Contributions to a Necessary Dialogue Between Human Development, Degrowth, and Buen Vivir," Ecological Economics, Elsevier, vol. 144(C), pages 304-313.

    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:nzar04:97773. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc 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 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/nzareea.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.