Work

Shadow Values of Carbon Sequestration: A Case Study of the Czech Republic

Year: 2025

Type: article

Abstract: This paper estimates the shadow values of total carbon sequestration in Czech cereal production. We use a production model with multiple outputs and inputs, using an input distance function (IDF) to estimate shadow price of land. The shadow prices of land and the amount of total carbon sequestration are then used to estimate the shadow values of carbon sequestration for a selected group of crops. The results present considerable differences in shadow values across both crops types and farm sizes.

Source: Agris on-line Papers in Economics and Informatics

DOI: 10.7160/aol.2025.170302

Authors: Lukáš Čechura, Helena Řezbová, Jiří Vacek, Zdeňka Žáková Kroupová, Iveta Mlezivová

Institutions: Czech University of Life Sciences Prague, Institute of Agricultural Economics and Information

Language: English

Topic: Agricultural economics and policies

Subfield: Safety Research

Field: Social Sciences

Domain: Social Sciences

SDGs: Climate action, Zero hunger, Responsible consumption and production

Open Access status: diamond

Funder: Ministerstvo Zemědělství