A Multi-Criteria Approach for Assessing the Economic Resilience of Agriculture: The Case of Lithuania
| Autor: | Dalia Streimikiene, Artiom Volkov, Agnė Žičkienė, Tomas Baležentis, Erika Ribašauskienė, Mangirdas Morkunas |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2021 |
| Předmět: |
Natural resource economics
Geography Planning and Development lcsh:TJ807-830 0211 other engineering and technologies lcsh:Renewable energy sources Farm viability 02 engineering and technology Management Monitoring Policy and Law Ekonominis atsparumas economic resilience Lietuva (Lithuania) Economic viability Multi criteria 0502 economics and business Economics 050207 economics Resilience (network) lcsh:Environmental sciences agriculture Žemės ūkis / Agriculture lcsh:GE1-350 Food security Economic resilience Renewable Energy Sustainability and the Environment business.industry Economic sector lcsh:Environmental effects of industries and plants 05 social sciences Agriculture 021107 urban & regional planning Lithuania Lithuanian Ūkio efektyvumas language.human_language farm viability Increasing risk lcsh:TD194-195 language business |
| Zdroj: | Sustainability Volume 13 Issue 4 Sustainability, Vol 13, Iss 2370, p 2370 (2021) Sustainability (Basel) 2021, 13, 2370. |
| ISSN: | 2071-1050 |
| DOI: | 10.3390/su13042370 |
| Popis: | This study presents an innovative approach to measuring economic resilience at a sectoral level. The notion of economic resilience is explored through the lens of levels of resilience of the main functions of a researched economic sector. The overall level of sectoral economic resilience is seen as a weighted sum of resilience indexes related to its main economic functions. Such a comprehensive approach is universal, as it allows to measure economic resilience of various economic sectors. For the empirical application, the agricultural sector of Lithuania was selected for analysis of resilience. The results revealed that the overall level of resilience declined in Lithuanian agricultural sector during 2012–2019. Such a persistent trend may pose an increasing risk for food security in Lithuania in the future. The most evident negative changes in the economic resilience levels are observed in terms of economic viability of farms. The most robust levels of economic resilience are indicated in the sense of ability to provide local food at affordable prices. |
| Databáze: | OpenAIRE |
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