Integrating soil natural capital into agricultural total factor productivity analysis

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Résumé

Farm productivity is influenced by various factors, notably economic and soil components. Understanding the interplaybetween these elements is crucial for enhancing agricultural performance. This paper presents an approach to assessagricultural productivity, focusing on soil characteristics alongside traditional economic factors. Drawing upon theframework of the Luenberger-Hicks-Moorsteen productivity indicator, we propose an Agricultural Soil Productivity (ASP)measurement. By integrating soil dynamics into productivity analysis, our method offers a comprehensive understanding offarm performance. Through empirical investigation, we demonstrate the applicability of the ASP indicator in agriculturalproductivity assessment based on a non-parametric analytical framework. This paper contributes to the discourse onsustainable agriculture by bridging the gap between economic performance and soil health considerations, and by providingpractitioners with valuable insights to enhance farm management practices.

Mots-clés

Multiplicative production technology, Non convex production set, Soil natural capital, Total Factor Productivity