Consistent Aggregation of Generalized Sustainable Values from the Firm Level to Sectoral, Regional or Industry Levels

Natalia Kuosmanen, Timo Kuosmanen and Timo Sipiläinen
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Timo Sipiläinen: University of Helsinki, P.O. Box 27, Latokartanonkaari 9, 00014 Helsinki, Finland

Sustainability, 2013, vol. 5, issue 4, 1-9

Abstract: This study presents a systematic method for aggregating firm level sustainable value indicators to sector, region or industry levels. The proposed method applies the generalized sustainable value that is based on frontier production functions. The method is illustrated by an empirical application to the Finnish crop and dairy sectors, where the benchmark technology is estimated by data envelopment analysis. Our efficiency assessment shows that the representative crop farm achieves only about a half of its potential output. Efficiency of the representative dairy farm is somewhat higher.

Keywords: sustainability assessment; sustainable value; productive efficiency analysis (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:5:y:2013:i:4:p:1568-1576:d:24914

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