GTAP Resources: Resource Display
| GTAP Resource #7309 |
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"Reimagining Sustainable Intensification: A Novel Application of Modern Portfolio Theory within a General Equilibrium Framework" by Pradesha, Angga, Khalid Siddig, Karl Pauw and James Thurlow Abstract The challenge of feeding a growing global population while conserving natural resources is central to the sustainable intensification of agriculture. Despite decades of accumulated global knowledge and widespread implementation of sustainable intensification strategies, the expansion of global cropland through deforestation in developing countries has been increasing over the past decades. This study proposes a novel approach to promote sustainable intensification by perceiving farming as an investment activity and utilizing optimal portfolio analysis to enhance efficiency at the economy-wide system level. Using Senegal as a case study, we demonstrate that adopting optimal diversification strategies could potentially reduce new cropland demand by 68% by 2030. This strategy not only helps mitigate emissions and reduce water footprint but also enhances crop biodiversity. Socio-economic and environmental benefits are found to be greater when the country promotes high-value crops in the portfolio, such as fruits and vegetables, compared to grain crops. The analysis also sheds light on the intense discussions regarding land-sparing and land-sharing approaches, as well as the reasons behind rampant cropland expansion, considering the typical global cropland portfolio profile. |
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- Land use - Sustainable development - Agricultural policies - Economic development - Advances in quantitative methods - Dynamic modeling - Model extension/development - Africa (West) |
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If you have trouble accessing any of the attachments below due to disability, please contact the authors listed above.
Public Access  Reimagining SI of Agriculture (1.7 MB) Replicated: 0 time(s)Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 9/15/2023 2:05:45 PM
