Principles of Environmental Economic Analysis for Evaluating Low Input Agriculture

저투입 농업의 환경경제적 평가방법론에 관한 소고

This paper reviews some methods on evaluating the impacts of low input farming on profitability, environments and human health. Measuring diverse effects of low input farming on the environmental economic aspects of agriculture poses a challenge because of difficulty in placing the objective value judgement on those impacts. This Study attempts to identify the individual attributes of low input agriculture and to examine the method of consturcting a simple index after assessing its marketed or non-marketed values in numerical terms. Validity of integrating socio-economic value of low input agriculture, which might be measured by multiple criteria approach, into a single index can be criticized. However, it might be meaningful in that this study suggest the guidance for how to assess the environmental and economic value of low input agriculture by single criteria and the possibility of overcoming the controversial subjectivity in weighing the different impact criteria.