Full‐cost accounting and redefining the cost of food: Implications for agricultural economics research

Braun, Joachim von; Hendriks, Sheryl L.

doi:10.1111/agec.12774

Cited by 8 publications

(4 citation statements)

References 13 publications

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“…One of the reasons is that agro-technological cycles have significant external effects, which are not fully included in the market prices formation for commodity crop production. The first step to correcting some of these external effects is their transparent assessment, based on which a total accounting of costs can already be carried out [31]. Thus, the need to reform the organizational and economic relations between subjects of economic activity in the process of nature use for the activation of low-carbon development has become ripe.…”

Section: Results and Discussion Ecological And Economic Efficiency As...mentioning

confidence: 99%

The role of fiscal instruments in the implementation of low-carbon agriculture

Butrym,

Zaruba,

Yehorova

et al. 2023

Agric. resour. econ.

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Purpose. The study purpose is to determine the aspects for improving the fiscal toolkit as an economic lever for regulating agricultural land use with the optimized approach to the selection of areas of introduction of the low-carbon development for the formation of organizational and economic management conditions towards the ensuring of restoration and preservation of agricultural resource potential. Methodology / approach. In this work, we used the following research methods: monographic, statistical analysis, graphic, correlation and regression analysis. The national and international documents of legal framework for regulating the processes of agricultural land use, materials of the State Statistics Service of Ukraine were used. Results. Based on the ecological and economic efficiency analysis of agricultural land use, the priority of obtaining profits in contrast to the problems of the restoration and preservation of the agricultural resource potential was demonstrated, thanks to which Ukraine took the lead in many commodity crops export. The soil fertility decline is a reason of formed threat to agroecological and food security. Based on the assessment of the nitrogen balance flows, the amount of removal of nutrients from the soil cover was estimated. Originality / scientific novelty. The expediency of using an improved tax instrument for land use as an economic lever for the formation of organizational and economic conditions of management with a focus on the introduction of the principles of the green economy is substantiated. This improvement consists in the correction factor proposed for the first time to the calculated volumes of tax collections. This coefficient allows taking into account the characteristics of the land use effectiveness in combination with the coefficients of carbon stock changes of the internationally recognized methodology UN Intergovernmental Panel on Climate Change (IPCC). Based on the improvement of the target agroecological zoning approach (on the example of the Odesa region), an approach to establishing the priority of land plots from the point of view of the perspective of introducing low-carbon land use is proposed. Practical value / implications. The proposed approach opens the possibility to optimize efforts to introduce low-carbon land use and therefore to restore and preserve agro-resource potential. The national crop production competitiveness is ensured by this. Therefore, this approach can be taken as a basis for the introduction of the latest green economy tools for the agricultural land use sector at the level of territorial communities.

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Section: Results and Discussion Ecological And Economic Efficiency As...mentioning

confidence: 99%

The role of fiscal instruments in the implementation of low-carbon agriculture

Butrym,

Zaruba,

Yehorova

et al. 2023

Agric. resour. econ.

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“…Seidel et al examined the healthcare costs for diseases attributable to nutrition and included type 2 diabetes mellitus, cardiovascular diseases, and neoplasms [63]. Hendriks et al [64] put the total global costs for human health at USD 11 trillion-in comparison, the environmental impact costs amount to approximately USD 7 trillion, and the economic impact costs amount to approximately USD 1 trillion [65].…”

Section: Discussionmentioning

confidence: 99%

Sustainability Science Communication: Case Study of a True Cost Campaign in Germany

Stein,

Michalke,

Gaugler

et al. 2024

Sustainability

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The Anthropocene, marked by human-induced climate change, necessitates urgent action to address climate goals and respect planetary boundaries. While sustainability research provides knowledge, the first challenge lies in communicating the findings in an adequate manner to the public and several stakeholders, such as economic and political actors. Therefore, this study explores the significance of science communication in sustainability science, focusing on a case study—the True Cost Accounting (TCA) campaign by the University of Greifswald, Technical Institute of Nuremberg, and German retailer PENNY. TCA herein serves as a transparency tool, economic incentive, and discussion basis for sustainable consumption. This study investigates consumer perceptions of ecological prices of foods through a face-to-face survey during the 2023 PENNY campaign, comparing results to an informational campaign carried out in 2021. Findings indicate a high awareness of the true cost campaign in 2023, with 50.8% of participants hearing about it. Consumers’ willingness to pay true costs and potential behavior changes were explored. In comparison to results from the informational campaign of 2021, customers showed a decrease in this WTP when the true prices would actually impact their spending, indicating an attitude–behavior gap. In addition, a willingness to reduce the consumption of animal foods—if TCA was implemented—of 60.5% was determined, which suggests that TCA has the potential for sustainable behavior change. This study highlights factors that influence consumer attitudes and preferences regarding the inclusion of TCAs, such as environmental, social, and animal welfare costs. Customers’ understanding of increased prices—like, in this case, the compensation for environmental and social costs—is an argument in favor of true prices. The results emphasize the need for differentiated scientific communication strategies to bridge knowledge and action gaps in sustainability science.

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“…The successful implementation of true prices requires a societal transformation involving actors across the entire agri-food system. Policy instruments such as product labeling and differential taxes and subsidies to incentivize healthy diets and discourage food waste are needed as part of such internalization measures, together with education, information, and nudging [99].…”

Section: Discussion and Potential Solutionsmentioning

confidence: 99%

Turning the Tide: An Analysis of Factors Influencing the Adoption of Biodiversity-Enhancing Measures on Agricultural Land at the German Baltic Coast

Schwerdtner Máñez,

Born,

Stoll-Kleemann

2023

Sustainability

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The agricultural sector plays a major role in turning the tide of biodiversity loss. In the European Union, land use decisions and biodiversity are strongly influenced by the Common Agricultural Policy (CAP). Despite massive investment in subsidies to incentivize environmentally friendly farming practices, the CAP has so far failed to preserve the biodiversity of Europe’s farmland. A simplistic understanding of farmers’ motivations, dominated by rational, economic cost–benefit considerations, is one of the reasons for this failure. Our study contributes to this discussion through the identification of factors influencing the decision making of farmers. Through a case study approach in a biodiversity-rich region on the German Baltic coast—the so-called hotspot 29—we classify a number of personal, social/group, and external factors relevant to the implementation of biodiversity-enhancing measures on agricultural land. Applying a model of pro-environmental behavior, we illustrate the interlinkages between factors and outline potential solutions to support biodiversity-enhancing behavior.

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Full‐cost accounting and redefining the cost of food: Implications for agricultural economics research

Cited by 8 publications

References 13 publications

The role of fiscal instruments in the implementation of low-carbon agriculture

The role of fiscal instruments in the implementation of low-carbon agriculture

Sustainability Science Communication: Case Study of a True Cost Campaign in Germany

Turning the Tide: An Analysis of Factors Influencing the Adoption of Biodiversity-Enhancing Measures on Agricultural Land at the German Baltic Coast

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