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SEMINAR: Using Natural Capital Adjusted Productivity and Efficiency Model to Measure On-farm Natural Capital

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Using Natural Capital Adjusted Productivity and Efficiency Model to Measure On-farm Natural Capital Other events...
Valuing natural capital is fundamental to measuring sustainability of natural resources and environmental assets. An appropriate conceptual framework and practical measurement techniques do not currently exist to quantify and measure natural capital assets and ecosystem services on farms in an accurate and easy to understand way. We propose a natural capital adjusted productivity and efficiency technique to measure natural capital on farms. Using directional distance functions we construct an on-farm natural capital indicator — ‘soil natural capital indicator’— that can be used for assessment of soil natural capital assets on farms. The newly devised indicator can also be used in estimating efficiency of farms in relation to soil natural resource use in agricultural production systems. This natural capital asset indicator can then be used in economic decision making process in order to maintain higher farm productivity growth in agriculture and achieving environmental sustainability.
Speaker(s) M A Samad Azad, Research Fellow, Tasmanian School of Business and Economics, University of Tasmania
Location Agriculture Lecture Theatre, G.013 North Wing, Agricultural Building, UWA
Contact Deborah Swindells <[email protected]> : 6488 2539
URL https://www.are.uwa.edu.au/research/seminars
Start Fri, 25 Nov 2016 11:00
End Fri, 25 Nov 2016 12:00
Submitted by Deborah <[email protected]>
Last Updated Mon, 14 Nov 2016 11:47
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