Development of Environmental Indicators for Use in Macroeconomic Models

Robert L. Kellogg and Don W. Goss

Journal of Agricultural and Applied Economics, 1997, vol. 29, issue 1, 77-86

Abstract: In the fields of agriculture and resource economics, good economics is predicated by good science. By partnering more with physical scientists, economists will be better able to provide the broad policy-making community with practical recommendations for addressing resource issues. An example of collaboration is presented for the development of environmental indicators of the potential risk to the environment of die loss of pesticides from farm fields, which will be used by economists to adjust conventionally measured agricultural output for water quality impacts associated with agricultural production.

Date: 1997
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