PROBLEMS AND POSSIBILITIES OF ECONOMIC EVALUATION OF AGRO-ECOLOGICAL RESOURCES
The economy based on renewable natural resources, a specific and heterogeneous group of resources (agricultural land, biological reserves, energy flows and ecosystemic externalities) includes a number of aspects for rational use and evaluation of external effects of the natural heritage. Rent is a...
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| Format: | Article |
| Language: | English |
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Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt
2009-03-01
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| Series: | Ekonomika Poljoprivrede (1979) |
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| Online Access: | https://www.ea.bg.ac.rs/index.php/EA/article/view/1153 |
| _version_ | 1797825013480423424 |
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| author | Milan R. Milanović Drago Cvijanović |
| author_facet | Milan R. Milanović Drago Cvijanović |
| author_sort | Milan R. Milanović |
| collection | DOAJ |
| description |
The economy based on renewable natural resources, a specific and heterogeneous group of resources (agricultural land, biological reserves, energy flows and ecosystemic externalities) includes a number of aspects for rational use and evaluation of external effects of the natural heritage. Rent is a key economic category, which was originally linked to the phenomenon of proceeds achieved on the basis of property rights relating to natural factors. Exploitation of natural resources creates considerable external effects, that are representing the social dimension of costs, which should be appropriately tackled as one of the most important practical problems regarding their rational use. This paper points out different theoretical-analytical approaches to the optimalization of renewable natural resources. It specifically considers possible methods of evaluation of agroecological resources and external effects of ecosystem services (direct ones, based on hypothetical markets, and indirect ones, based on derived demand) Consideration starts from the aimed position that the identification and quantification of rents and ecosystemic externalities, represents the substantial foundation and precondition for efficient policy and protection measures, as well as rational and sustainable use of natural resources.
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| first_indexed | 2024-03-13T10:47:50Z |
| format | Article |
| id | doaj.art-faec40245f00440ab3218673ce5ae883 |
| institution | Directory Open Access Journal |
| issn | 0352-3462 2334-8453 |
| language | English |
| last_indexed | 2024-03-13T10:47:50Z |
| publishDate | 2009-03-01 |
| publisher | Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt |
| record_format | Article |
| series | Ekonomika Poljoprivrede (1979) |
| spelling | doaj.art-faec40245f00440ab3218673ce5ae8832023-05-17T17:00:55ZengNaučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, BukureštEkonomika Poljoprivrede (1979)0352-34622334-84532009-03-0156Thematic iPROBLEMS AND POSSIBILITIES OF ECONOMIC EVALUATION OF AGRO-ECOLOGICAL RESOURCESMilan R. Milanović0Drago Cvijanović1Megatrend University, BelgradeInstitute of Agricultural Economics, Belgrade The economy based on renewable natural resources, a specific and heterogeneous group of resources (agricultural land, biological reserves, energy flows and ecosystemic externalities) includes a number of aspects for rational use and evaluation of external effects of the natural heritage. Rent is a key economic category, which was originally linked to the phenomenon of proceeds achieved on the basis of property rights relating to natural factors. Exploitation of natural resources creates considerable external effects, that are representing the social dimension of costs, which should be appropriately tackled as one of the most important practical problems regarding their rational use. This paper points out different theoretical-analytical approaches to the optimalization of renewable natural resources. It specifically considers possible methods of evaluation of agroecological resources and external effects of ecosystem services (direct ones, based on hypothetical markets, and indirect ones, based on derived demand) Consideration starts from the aimed position that the identification and quantification of rents and ecosystemic externalities, represents the substantial foundation and precondition for efficient policy and protection measures, as well as rational and sustainable use of natural resources. https://www.ea.bg.ac.rs/index.php/EA/article/view/1153renewable natural resources, land rent, ecosystemic externalities, evaluation methods, sustainable use. |
| spellingShingle | Milan R. Milanović Drago Cvijanović PROBLEMS AND POSSIBILITIES OF ECONOMIC EVALUATION OF AGRO-ECOLOGICAL RESOURCES Ekonomika Poljoprivrede (1979) renewable natural resources, land rent, ecosystemic externalities, evaluation methods, sustainable use. |
| title | PROBLEMS AND POSSIBILITIES OF ECONOMIC EVALUATION OF AGRO-ECOLOGICAL RESOURCES |
| title_full | PROBLEMS AND POSSIBILITIES OF ECONOMIC EVALUATION OF AGRO-ECOLOGICAL RESOURCES |
| title_fullStr | PROBLEMS AND POSSIBILITIES OF ECONOMIC EVALUATION OF AGRO-ECOLOGICAL RESOURCES |
| title_full_unstemmed | PROBLEMS AND POSSIBILITIES OF ECONOMIC EVALUATION OF AGRO-ECOLOGICAL RESOURCES |
| title_short | PROBLEMS AND POSSIBILITIES OF ECONOMIC EVALUATION OF AGRO-ECOLOGICAL RESOURCES |
| title_sort | problems and possibilities of economic evaluation of agro ecological resources |
| topic | renewable natural resources, land rent, ecosystemic externalities, evaluation methods, sustainable use. |
| url | https://www.ea.bg.ac.rs/index.php/EA/article/view/1153 |
| work_keys_str_mv | AT milanrmilanovic problemsandpossibilitiesofeconomicevaluationofagroecologicalresources AT dragocvijanovic problemsandpossibilitiesofeconomicevaluationofagroecologicalresources |