E3S Web Conf.
Volume 57, 20182018 3rd International Conference on Sustainable and Renewable Energy Engineering (ICSREE 2018)
|Number of page(s)||4|
|Section||Sustainable Development and Economy|
|Published online||05 October 2018|
The Application of Economic Value Added on Green Facilities of Urban Agriculture
Professor, Urban Planning, Land Development, Chaoyang University of Technology, No.168, Jifeng E. Rd., Wufeng Dist., Taichung City 413, Taiwan (R.O.C.)
2 Urban Planning, Land Development, Chaoyang University of Technology, No.168, Jifeng E. Rd., Wufeng Dist., Taichung City 413, Taiwan (R.O.C.)
Green facilities of urban agriculture offer a fertile ground for green innovation, such as rooftop gardens, green curtains, and indoor plant growing, which create a new forms of urban farming economy. The previous studies for cost-benefit analysis of urban agriculture indicated that green facilities could contribute both quantitative and qualitative benefits. The value of green facility strategies of urban agriculture may often be underestimated without transforming qualitative benefits to quantitative benefits. This study examined the effects of green facilities of urban agriculture development in Taiwan. The market reaction was explored by adopting economic value added (EVA) technique for the measurement of both quantitative and qualitative value contributed by green facilities. The results from this study support that there exists interaction between qualitative factors such as indirect economic benefits and social psychological benefits and quantitative factors, agricultural production and energy saving impacted by green facilities. The study concluded that consumers of urban agricultural crops are willing to pay more for eco-friendly products. The establishment of relationship between urban agricultural production and consumption can contribute to sustainability while generating economic opportunities.
Key words: Green Facilities / Urban Agriculture / Economic Value Added (EVA)
© The Authors, published by EDP Sciences, 2018
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0 (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Current usage metrics show cumulative count of Article Views (full-text article views including HTML views, PDF and ePub downloads, according to the available data) and Abstracts Views on Vision4Press platform.
Data correspond to usage on the plateform after 2015. The current usage metrics is available 48-96 hours after online publication and is updated daily on week days.
Initial download of the metrics may take a while.