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This paper examines how traditional farm productivity analysis can be extended to produce a performance measure from the perspective of society. A biophysical model is used to measure inputs from the environment which are combined with conventional marketed inputs to develop an environmentally...
Persistent link: https://www.econbiz.de/10004997884
Agricultural production, by its nature, impacts upon the environment. Performance measurement from the perspective of society should consider the full impact of a productive activity. This paper examines how the use of a biophysical model can assist in developing a farm performance measure...
Persistent link: https://www.econbiz.de/10004997928