Agriculture’s Multifunctionality, Sustainability, and Social Responsibility

Werner Hediger

No 36854, 82nd Annual Conference, March 31 - April 2, 2008, Royal Agricultural College, Cirencester, UK from Agricultural Economics Society

Abstract: We investigate the question whether the concept of corporate social responsibility (CSR) could be used to replace or complement those of multifunctionality and sustainability in the agri-food sector. It shows that the double role of citizens as tax payers and customers requests and allows us to directly link the problems of governance and stakeholder society in an intertemporal framework of total value maximisation and sustainable development. Thus, the concept of CSR provides a link between the views on agriculture’s multifunctionality and sustainability. Moreover, the fact that some actors in a vertical market, such as the agri-food chain, can exercise market power and absorb tax money and resource rents enforces the need of a broader perspective which involves concern about addresses the social responsibilities and performance of all actors along this value chain.

Keywords: agricultural policy; multifunctionality; sustainability; social responsibility; market power.; D62; D63; Q01; Q18 (search for similar items in EconPapers)
Date: 2008-03-30
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