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Estimating the social value of multifunctional agriculture (MFA) with choice experiment

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  • Hyunhee Jung

Abstract

The convergence policy in agriculture, existing in many forms, has globally become one of the main concepts in agricultural development with the "sixth industrial movement" in South Korea and Japan; the multifunctional agriculture (MFA) policies proposed by van der Ploeg and Roep being good examples. The goal of this study is to test three hypotheses through the economic valuation of MFA. In the first part of the research, the importance of agricultural production activity and the core element of the rural complex were evaluated. In the second part, an assessment of three strategies of MFA and its eleven specific attributes was conducted. In the third part, the applicability of the triangular policy of van der Ploeg's strategic frameworks of MFA was analysed.

Suggested Citation

  • Hyunhee Jung, 2020. "Estimating the social value of multifunctional agriculture (MFA) with choice experiment," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 66(3), pages 120-128.
    • Handle: RePEc:caa:jnlage:v:66:y:2020:i:3:id:147-2019-agricecon
    DOI: 10.17221/147/2019-AGRICECON
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    References listed on IDEAS

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    1. Timothy C. Haab & Kenneth E. McConnell, 2002. "Valuing Environmental and Natural Resources," Books, Edward Elgar Publishing, number 2427.
    2. Yrjola, Tapani & Kola, Jukka, 2004. "Consumer Preferences Regarding Multifunctional Agriculture," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 7(2), pages 1-13.
    3. Anastasija Novikova & Lucia Rocchi & Bernardas Vaznonis, 2019. "Valuing Agricultural Landscape: Lithuanian Case Study Using a Contingent Valuation Method," Sustainability, MDPI, vol. 11(9), pages 1-13, May.
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