TY - JOUR
T1 - Inducing the adoption of emerging technologies for sustainable intensification of food and renewable energy production
T2 - insights from applied economics*
AU - Khanna, Madhu
AU - Miao, Ruiqing
N1 - Publisher Copyright:
© 2021 Australasian Agricultural and Resource Economics Society Inc.
PY - 2022/1
Y1 - 2022/1
N2 - Emerging advances in sustainable intensification technologies have the potential to transform land use and crop management approaches in ways that can increase resource productivity and reduce adverse environmental impacts of agricultural production. This paper describes emerging technologies that can sustainably intensify food and renewable energy production. We apply the findings from studies examining the adoption of technologies with similar stylized features to provide insights about the incentives and barriers for the adoption of these emerging technologies. We also present a landscape-based systems approach, based on welfare economics, to go beyond relying on a positive approach to explain observed adoption decisions to examining normative questions about the optimal mix, level, and location of adoption of these technologies to achieve desired societal outcomes. We conclude with a discussion of the insights from applied economics for the design of policy incentives to achieve these outcomes.
AB - Emerging advances in sustainable intensification technologies have the potential to transform land use and crop management approaches in ways that can increase resource productivity and reduce adverse environmental impacts of agricultural production. This paper describes emerging technologies that can sustainably intensify food and renewable energy production. We apply the findings from studies examining the adoption of technologies with similar stylized features to provide insights about the incentives and barriers for the adoption of these emerging technologies. We also present a landscape-based systems approach, based on welfare economics, to go beyond relying on a positive approach to explain observed adoption decisions to examining normative questions about the optimal mix, level, and location of adoption of these technologies to achieve desired societal outcomes. We conclude with a discussion of the insights from applied economics for the design of policy incentives to achieve these outcomes.
UR - http://www.scopus.com/inward/record.url?scp=85120303759&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85120303759&partnerID=8YFLogxK
U2 - 10.1111/1467-8489.12461
DO - 10.1111/1467-8489.12461
M3 - Review article
AN - SCOPUS:85120303759
SN - 1364-985X
VL - 66
SP - 1
EP - 23
JO - Australian Journal of Agricultural and Resource Economics
JF - Australian Journal of Agricultural and Resource Economics
IS - 1
ER -