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Socio-Economic Component: Technology Adoption and Policy
 

Socio-economic analysis is an integral part of this project, but this type of analysis cuts across all the components rather than being it's own component. Adoption of any changes in agricultural practice requires changes in policy, market circumstances and farm behavior. Identification of new systems and practices has limited value if no one adopts them. Socio-economic analysis will help identify practices and policy instruments that are economically justified, socially acceptable and financially feasible.

  • Enterprise decision-making and feasibility studies. Three types of firm level economic studies will support the project. Financial feasibility is a key requirement for real world implemenation. Promising techniques and suites of techniques will be evaluated for profitability and financial feasibility. Broader studies (using surveys, focus groups, and choice experiments) will analyze the wider socio-economic factors that affect adoption including: capital requirements, knowledge requirements, stewardship values, and risk. The economics team will also assist in marketing studies, for instance, for the solid by-products of the digester.
  • Environmental-economic impacts. Economists will cooperate with engineering personnel to evaluate the total cost, life-cycle impact of new practices. These studies will determine whether or not a mitigation of global climate change at the farm level is offset or enhance by the "ripple" effects of the practice in associated industries.
  • Policy level decision-making. Adoption of potential global climate change mitigation practices can be facilitated or inhibited by policy decisions. For example, the Conservation Reserve Program had enhanced carbon sequestration, soil conservation, and wildlife habitat on farms. Economists will analyze the potential social pay-off (benefit cost analysis) of promising technologies to help inform appropriate levels of public support. Economists will also cooperate with participant-advisors and other researchers to analyze the potential effectiveness of candidate policy instruments.

For more information on the socio-economic component of the project, contact Phil Wandschneider, WSU School of Economic Sciences.

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Updated May 10, 2005

 
                         
 
The Climate Friendly Farming Research & Demonstration Project is a project of Washington State University's Center for Sustaining Agriculture and Natural Resources which seeks to understand the interconnections between climate change, greenhouse gas emissions and agriculture in an effort to reduce agricultural emissions of greenhouse gases, improve soil carbon sequestration of carbon dioxide, and develop bioenergy, biofuels and bioproducts from agriculture that offset the combustion of fossil fuel carbon.

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