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An assessment of the economics of adopting stewardship practices in livestock production in response to environmental and societal concerns

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Title: An assessment of the economics of adopting stewardship practices in livestock production in response to environmental and societal concerns
Author: Kulshreshtha, Suren; MacDonald, K. Bruce; Thomsen, Joseph; Hastie, John
Abstract: The major objective of this report is to present a review of the state-of-the-art of literature pertinent to the measurement of the economic value of benefits and costs to Canadian society from livestock production and related activities. Included in this review are studies identifying various pathways where goods and services provided by natural ecosystems can be affected by livestock production, thereby affecting welfare of society as a whole. A majority of the literature reviewed deals with the physical relationships between livestock production and the environment, which typically is the first step in the economic valuation of environmental externalities. The objectives of this study can be divided into the following. 1. To identify various livestock production activities and their pathways that from a conceptual perspective could impact society directly or indirectly. 2. To review relevant studies with respect to identified impacts on society either in physical units or in value form. 3. To assess the state of the art in the valuation of impacts identified, and, 4. Suggest and recommend areas for future work in the valuation of externalities.
URI: http://hdl.handle.net/10214/15066
Date: 2003
Rights: In Copyright - Non-Commercial Use Permitted
Rights Holder: Canadian Agri-Food Research Council


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