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Author:Passel, S. (et al.) van
Title:Sustainable value assessment of farms using frontier efficiency benchmarks
Journal:Journal of Environmental Management
2009 : JUL, VOL.90:10, p. 3057-3069
Index terms:sustainable development
efficiency
performance management
companies
policy
farms
Freeterms:sustainable value
frontier method
benchmarks
assessment
translog functional forms
Cobb-Douglas functional form
Language:eng
Abstract:The methodology in this article builds further on two proven methodologies for the assessment of sustainability performance: it combines the sustainable value approach with frontier efficiency benchmarks. It is presented using two different functional forms: the Cobb–Douglas and the translog functional forms. In this research, the sustainable value approach is combined with efficiency analysis methods to benchmark sustainability assessment. In this way, the production theoretical underpinnings of efficiency analysis enrich the sustainable value approach. It is argued that the methodology can be used as an integrative sustainability assessment tool for policy measures.
SCIMA record nr: 274252
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