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Title | Defining environmental and economic risks for attaining sustainability in agriculture |
Authors |
Marekha, Iryna Serhiivna
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ORCID |
http://orcid.org/0000-0002-9905-7706 |
Keywords | |
Type | Conference Papers |
Date of Issue | 2011 |
URI | http://essuir.sumdu.edu.ua/handle/123456789/10059 |
Publisher | Видавництво СумДУ |
License | Copyright not evaluated |
Citation | Marekha, I. S. Defining environmental and economic risks for attaining sustainability in agriculture [Текст] / I. S. Marekha // Economics for Ecology ISCS'2011 : 17th International Scientific Conference, Sumy, May 6-9, 2011 / Ред. кол.: Д.О. Смоленніков, П.А. Денисенко. - Суми : СумДУ, 2011. - С. 77-78. |
Abstract |
Agricultural production is a subject to many environmental and economic risks. Any farm production decision plan is typically associated with multiple potential outcomes with different probabilities. Weather, market developments and other events cannot be controlled by the farmer but have a direct incidence on the returns from farming. In this context, the farmer has to manage risk in farming as part of the general management of the farming business. Hazards and unforeseen events occur in all economic and business activities and are not specific to agriculture. However, farming risk and risk management instruments in the sector may have a certain number of specificities.
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