Understanding Farm-Level Incentives within the Bioeconomy Framework: Prices, Product Quality, Losses, and Bio-Based Alternatives

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dc.contributor.authorJansen, Sarah
dc.contributor.authorFoster, William
dc.contributor.authorAnriquez, Gustavo
dc.contributor.authorOrtega, Jorge
dc.date.accessioned2025-01-20T23:54:12Z
dc.date.available2025-01-20T23:54:12Z
dc.date.issued2021
dc.description.abstractThe bioeconomy framework emphasizes potential contributions of life sciences to novel, bio-based products and to discover economic uses for what would otherwise be considered waste or loss in traditional production systems. To best exploit this perspective, especially for biowaste innovations, economists should develop behavioral models that integrate decision-making with biophysical concepts. The supply to bioeconomy uses of farm production otherwise lost depends on the relative net benefits of adjusting production across a range of quality levels. Without understanding such incentives, one cannot fully anticipate the effects on prices and consumer welfare due to new alternatives. The analysis here examines farm-level incentives that determine quality, sales and loss levels, and possible switching of supplies to alternative uses. We present a farmer decision model of the distribution of product qualities, total losses, and the adoption of alternative profitable activities, such as for antioxidants or other novel bioproducts. We demonstrate how the introduction of bio-based alternatives changes opportunity costs of resource use, altering product quality proportions and sales to traditional markets. Adopting biowaste alternatives depends on scale, productivity, and fixed costs; adopting these reduces the proportion of production going to traditional buyers/consumers and shifts downward the distribution of traditional product (e.g., food-grade) qualities.
dc.fuente.origenWOS
dc.identifier.doi10.3390/su13020450
dc.identifier.eissn2071-1050
dc.identifier.urihttps://doi.org/10.3390/su13020450
dc.identifier.urihttps://repositorio.uc.cl/handle/11534/95021
dc.identifier.wosidWOS:000612056400001
dc.issue.numero2
dc.language.isoen
dc.revistaSustainability
dc.rightsacceso restringido
dc.subjectbioeconomy policy
dc.subjectfarm product waste and losses
dc.subjectfood quality
dc.subjectfarmer behavior
dc.subjecttechnology adoption
dc.subject.ods11 Sustainable Cities and Communities
dc.subject.ods12 Responsible Consumption and Production
dc.subject.ods07 Affordable and Clean Energy
dc.subject.ods13 Climate Action
dc.subject.odspa11 Ciudades y comunidades sostenibles
dc.subject.odspa12 Producción y consumo responsable
dc.subject.odspa07 Energía asequible y no contaminante
dc.subject.odspa13 Acción por el clima
dc.titleUnderstanding Farm-Level Incentives within the Bioeconomy Framework: Prices, Product Quality, Losses, and Bio-Based Alternatives
dc.typeartículo
dc.volumen13
sipa.indexWOS
sipa.trazabilidadWOS;2025-01-12
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