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Capital Based Sustainability Indicators as a Possible Way for Measuring Agricultural Sustainability

Author

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  • Saunders, Caroline M.
  • Kaye-Blake, William
  • Campbell, Rachel

Abstract

This paper takes the capital based approach to sustainability and applies this to examine the sustainability of different farming methods. The capital based approach argues that for future generations to be as well off as the present than the capital base should at least be maintained. The paper explores some of the issues around this approach such as the definition of capitals, their measurement and weakness in the approach which do not account for the resilience of system and/ or the substitutability of capitals. The paper outlines how this could be applied to agriculture and show sustainability across different farming methods. The data used is from the ARGOS (Agricultural Research Group on Sustainability) project which has collected data on social, economic and environmental factors from kiwifruit orchards green, green organic and gold, for five years. The results show little significant differences across orchard types. This may be due to the homogeneity of kiwifruit orchards and it is intended to expand this to the sheep sector to examine this further.

Suggested Citation

  • Saunders, Caroline M. & Kaye-Blake, William & Campbell, Rachel, 2010. "Capital Based Sustainability Indicators as a Possible Way for Measuring Agricultural Sustainability," 84th Annual Conference, March 29-31, 2010, Edinburgh, Scotland 91720, Agricultural Economics Society.
    • Handle: RePEc:ags:aesc10:91720
    DOI: 10.22004/ag.econ.91720
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    References listed on IDEAS

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    1. Hartwick, John M, 1977. "Intergenerational Equity and the Investing of Rents from Exhaustible Resources," American Economic Review, American Economic Association, vol. 67(5), pages 972-974, December.
    2. World Commission on Environment and Development,, 1987. "Our Common Future," OUP Catalogue, Oxford University Press, number 9780192820808.
    3. van Calker, K.J. & Berentsen, P.B.M. & Giesen, G.W.J. & Huirne, R.B.M., 2008. "Maximising sustainability of Dutch dairy farming systems for different stakeholders: A modelling approach," Ecological Economics, Elsevier, vol. 65(2), pages 407-419, April.
    4. Van Passel, Steven & Nevens, Frank & Mathijs, Erik & Van Huylenbroeck, Guido, 2007. "Measuring farm sustainability and explaining differences in sustainable efficiency," Ecological Economics, Elsevier, vol. 62(1), pages 149-161, April.
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    Cited by:

    1. Tait, Dr Peter & Saunders, Prof Caroline & Guenther, Meike & Rutherford, Paul, 2013. "Valuing environmental sustainability attributes of food products in India and China: decomposing the value of New Zealand’s ‘Clean-Green’ brand," 2013 Conference, August 28-30, 2013, Christchurch, New Zealand 187036, New Zealand Agricultural and Resource Economics Society.

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    Keywords

    Agricultural and Food Policy;

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