{"title":"What is the value of agrobiodiversity in southern Europe?","authors":"Lea Nicita, Robert Mendelsohn","doi":"10.1093/erae/jbae035","DOIUrl":null,"url":null,"abstract":"This study explores how agrobiodiversity at both local and regional scales impacts farmland value across five Mediterranean countries in the EU. Previous literature has primarily addressed on-farm biodiversity and its effects on productivity and risk mitigation, yet the potential externalities of agrobiodiversity across neighboring farms remain underexplored. Using a cross-sectional Ricardian approach, we estimate the effects of agrobiodiversity, measured in terms of both crop richness and evenness, on long-term agricultural productivity. Our findings show significant non-linear relationships and substitution effects between local and regional agrobiodiversity, underscoring the need for regionally tailored biodiversity policies.","PeriodicalId":50476,"journal":{"name":"European Review of Agricultural Economics","volume":"24 1","pages":""},"PeriodicalIF":3.3000,"publicationDate":"2024-12-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"European Review of Agricultural Economics","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1093/erae/jbae035","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"AGRICULTURAL ECONOMICS & POLICY","Score":null,"Total":0}
引用次数: 0
Abstract
This study explores how agrobiodiversity at both local and regional scales impacts farmland value across five Mediterranean countries in the EU. Previous literature has primarily addressed on-farm biodiversity and its effects on productivity and risk mitigation, yet the potential externalities of agrobiodiversity across neighboring farms remain underexplored. Using a cross-sectional Ricardian approach, we estimate the effects of agrobiodiversity, measured in terms of both crop richness and evenness, on long-term agricultural productivity. Our findings show significant non-linear relationships and substitution effects between local and regional agrobiodiversity, underscoring the need for regionally tailored biodiversity policies.
期刊介绍：
The European Review of Agricultural Economics serves as a forum for innovative theoretical and applied agricultural economics research.
The ERAE strives for balanced coverage of economic issues within the broad subject matter of agricultural and food production, consumption and trade, rural development, and resource use and conservation. Topics of specific interest include multiple roles of agriculture; trade and development; industrial organisation of the food sector; institutional dynamics; consumer behaviour; sustainable resource use; bioenergy; agricultural, agri-environmental and rural policy; specific European issues.
Methodological articles are welcome. All published papers are at least double peer reviewed and must show originality and innovation. The ERAE also publishes book reviews.
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