scholarly journals The Application of Economic Value Added on Green Facilities of Urban Agriculture

2018 ◽  
Vol 57 ◽  
pp. 05001
Author(s):  
Kuo Wei Hsu ◽  
Shang Zhen Liao

Green facilities of urban agriculture offer a fertile ground for green innovation, such as rooftop gardens, green curtains, and indoor plant growing, which create a new forms of urban farming economy. The previous studies for cost-benefit analysis of urban agriculture indicated that green facilities could contribute both quantitative and qualitative benefits. The value of green facility strategies of urban agriculture may often be underestimated without transforming qualitative benefits to quantitative benefits. This study examined the effects of green facilities of urban agriculture development in Taiwan. The market reaction was explored by adopting economic value added (EVA) technique for the measurement of both quantitative and qualitative value contributed by green facilities. The results from this study support that there exists interaction between qualitative factors such as indirect economic benefits and social psychological benefits and quantitative factors, agricultural production and energy saving impacted by green facilities. The study concluded that consumers of urban agricultural crops are willing to pay more for eco-friendly products. The establishment of relationship between urban agricultural production and consumption can contribute to sustainability while generating economic opportunities.

2009 ◽  
Vol 15 (1) ◽  
pp. 39-57 ◽  
Author(s):  
CARLOS A. ULIBARRI ◽  
VICTOR C. ULIBARRI

ABSTRACTThis paper applies a household production framework (Becker, 1971) to infer the economic value of a cultural heritage site, namely, the Petroglyph National Monument, situated in Albuquerque, New Mexico, USA. The empirical analysis uses benefit-transfer techniques from three source studies: those of Bergstrom and Cordell (1991) and Boxall et al. (2003), which concern willingness-to-pay to hike and view rock art sites; and those of Rolfe and Windle (2003, 2006), which concern willingness-to-pay by Aboriginal and general populations to preserve a cultural heritage site containing rock art. The benefit-transfer analysis estimates recreational values between 3.75 million and 7 million dollars per year (depending on perceptions of the cultural attribute quality) and a nonuse value of approximately 12.5 million dollars per year. By comparison the annualized costs of developing/operating the study site are 8.5 million dollars per year. Thus a partial cost-benefit analysis suggests the study site yields net economic benefits upwards of 7.8 million dollars per year.


2021 ◽  
pp. 251484862110499
Author(s):  
Helge Peters ◽  
Catharina Landström

London's water sector professionals seek to secure public funds for blue and green infrastructure projects while also engaging with local advocates for river improvement. This paper argues that current project appraisal practice forms a barrier to aligning public investment with local demand because justifying investment requires the enactment of a utilitarian public good that is at odds with the non-instrumental values motivating local advocacy. Drawing on qualitative evidence and performativity theory, we show how the appraisal practices of water sector professionals and the environmental advocacy of London residents both enact publics in different arenas of water management: appraisal enacts a general public to secure funding, while advocacy enacts a particular public that serves to articulate local demand for environmental improvement. Whereas the performativity of a general public works through demonstrating nature's economic value to people, the performativity of local publics is animated by people's responsibility towards nature. We find that the general public that is enacted through cost-benefit analysis legitimizes public expenditure on readily demonstrable economic benefits, such as flood risk mitigation, while withholding funds from the water quality improvement valued by local publics. Comparing the performativities of general and local publics, we discuss the conditions under which appraisal and advocacy practices enact their respective underlying values. We conclude that the current appraisal practice frustrates the delivery of blue and green infrastructure projects that would respond to local demand for improving rivers.


Author(s):  
Dwike Ariestantya ◽  
Rika Harini

Mangrove ecosystems have multiple functions, including economic and environmental ones. For optimal benefits, mangrove ecosystem management should be well-proportioned. The purpose of this study was to determine the most appropriate scenario for managing a mangrove ecosystem alongside aquaculture ponds, by performing an economic valuation to find out the value of management with the most beneficial scenarios, both ecologically and economically. Data were collected through interviews using questionnaires, literature reviews, and institutional data. These data were then processed through economic valuations of the total economic value and cost-benefit analysis. Data were analysed spatially and descriptive-quantitatively. The total economic value of the mangrove ecosystem was USD 6.73 million. The benefit and costs of managing mangrove ecotourism were USD 3,930.74/ha/year and USD 1,701.69/ha/year, respectively, whereas the benefits and costs of managing ponds were USD 150,433.85/ha/year and USD 55,269.46/ha/year, respectively. The prioritized scenario of mangrove ecosystem management is one with an ideal proportion of mangrove and pond areas (i.e. 50:50) and the total ecological and economic benefits for a period of 25 years is USD 19.17 million.


2011 ◽  
Vol 3 (2) ◽  
pp. 1-19
Author(s):  
Chermian Eforis ◽  
Rosita Suryaningsih

This study aims to determine the influence of the level of CSR disclosure in annual report to corporate values that proxies with Economic Value Added (EVA) and Market Value Added (MVA).   The objects of this study are companies that were included in Kompas 100 Edition of the second review in 2010.The chosen model of this research is simple regression which can be defined as a model that used the normal probability plot  for data normality test, DurbinWatson test for autocorrelation, graph plots to test heteroscedasticity, and saw the value of tolerance and VIF for multicollinearity test. Hypothesis is analyzed using simple regression method  The results showed that the level of CSR disclosure contained in the annual report has a significant influence on the EVA. The same results were also found on the MVA, where the level of CSR disclosure contained in the annual report has a significant influence on the MVA. Key words: Corporate Social Responsibility, Economic Value Added, Market Value Added


Author(s):  
Dwi Urip Wardoyo

This study aims to compare financial performance through profitability generated by two market participants in the witness transportation service industry in Jakarta, namely PT. BB compared to PT. ETU, this assessment is measured not limited to the profit generated but more than that by measuring financial added value through the concept of Eonomic Value Added produced by the two companies. The population in this study were all taxi transportation service companies in Jakarta. The sampling method selected two taxi companies that have the largest market share in DKI Jakarta, namely BB Taxi and ETU Taxi. The test analysis used in this study is ratio analysis through profit calculation and economic added value from the annual income statement. This study shows that there are (a) determination of the ratio of profit levels, (b) Determination of the comparison of economic value added of the two companies. Keywords :  Financial performance, Economic Value Added (EVA)


2008 ◽  
Vol 3 (3) ◽  
Author(s):  
M. B. Fernandes ◽  
M. C. Almeida ◽  
A. G. Henriques

Desalination technologies provide an alternative for potable water production, having significant potential for application where fresh water scarcity exists. Potential benefits have to be balanced with other factors, such as high costs, high energy consumption, and significant environmental impacts, for the understanding of real risks and gains of desalination within the context of integrated water resources management. Multiple factors can be considered when analysing the viability of a desalination project but often a limited approach is used. The complexity in the analysis lies in finding the alternatives that obey to multiple objectives (e.g. reduced environmental impact, social acceptance, less cost associated). In this paper, development of a methodology based on multiple criteria decision support system for the evaluation and ranking the potential of desalination technologies is described and applied to a Portuguese case study. Relevant factors to the selection of desalination technologies were identified using SWOT analysis and the MACBETH (Measuring Attractiveness by a Categorical Based Evaluation Technique) approach was applied. Technical alternatives considered include reverse osmosis and multi-effect desalination (MED), together with energy production by fossil fuels or solar energy. Production of water by conventional approaches was also considered. Results, for non-economic benefits, show higher score for MED solar but, in the cost-benefit analysis, conventional methods of water production have higher ranking since costs of renewable energies are not yet competitive. However, even if not preferred in economic terms, desalination is ranked significantly above the conventional approaches for non-economic criteria.


2014 ◽  
Vol 5 (10) ◽  
pp. 93
Author(s):  
Andrés Villegas Cortés ◽  
Luz Ángela Rojas La Rota

El presente trabajo busca determinar si la fusión de las empresas Carulla-Vivero ocurrida en el año 2000 generó valor. Para esto, se estudia el conceptode valor, posteriormente se explica el estudio de caso como metodología deinvestigación para concluir con la exposición del caso mismo de la fusión, ysu resultado. Una vez realizado el análisis de las dos empresas, se hace unacomparación y una valoración por dos metodologías ampliamente aceptadas:los métodos Economic Value Added (EVA) - Weighted Average Cost of Capital(WACC) y Flujo de Caja Histórico, con lo cual se explora en su interior la fusióny se explican los resultados obtenidos en ella. Finalmente, se hace una seriede observaciones, conclusiones y recomendaciones sobre la fusión, asícomo de la metodología del estudio de caso, para el abordaje de temas de laadministración.


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