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

Loading...
Thumbnail Image

Date

Authors

Kulshreshtha, Suren
MacDonald, K. Bruce
Thomsen, Joseph
Hastie, John

Journal Title

Journal ISSN

Volume Title

Publisher

Canadian Agri-Food Research Council

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.

Description

Canadian Agri-Food Research Council (CARC) - Related Documents

Keywords

economics, livestock production, farm, regulations, mitgation, economic valuation

Citation

Collections