Economic effects of applying future agricultural production structure model (fapsms)
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2023
Authors
Tričković, NikolaRončević, Vukašin
Živanović, Nikola
Grujić, Tara
Stefanović, Luka
Jovanović, Nikola
Zlatić, Miodrag
Conference object (Published version)
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It is necessary to harmonize the needs of society in terms of agricultural production and land protection from
various forms of degradation throughout sustainable land management. Various models of sustainable soil
management are being applied with an aime to prevent the erosion destruction of the soil through adequate
processing methods, with appropriate yields and positive economic effects of such production. Assessing the
justification of investment in sustainable management of land resources is an important step in this process.
Analysis of soil erosion risk was carried out in the suburban area of the morphological unit of the Barička
river watershed, using the Revised Universal Soil Loss Equation (RUSLE) method, with the existing and
projected structure of agricultural production according to the Future Agricultural Production Structure
Model from the Aspect of Preserving Land Resources for Mountain Catchment Areas of Serbia (FAPSMS).
The value of the existing and project...ed production structure from an economic aspect was also examined
using dynamic economic methods such as Internal Rate of Return (IRR), Repayment of the In-vested Funds
(RIF), Cost-Benefit Ratio (CBR) and Net Present Value (NPV). In order to assess the risk and uncertainty of
investments, a sensitive analysis of dynamic methods IRR and RIF was carried out. Economic indicators
show that the investment is justified and that it is more sensitive to changes in income.
Keywords:
sustainable management / economic analysis / soil conservation / model of future production / soil erosionSource:
Book of abstracts - International conference on transboundary catchment erosion and pollution problems, 19-24 July, 2023, Belgrade, Serbia, 2023, 38-38Publisher:
- University of Belgrade
Funding / projects:
- Ministry of Science, Technological Development and Innovation of the Republic of Serbia, institutional funding - 200026 (University of Belgrade, Institute of Chemistry, Technology and Metallurgy - IChTM) (RS-MESTD-inst-2020-200026)
- Ministry of Science, Technological Development and Innovation of the Republic of Serbia, institutional funding - 200169 (University of Belgrade, Faculty of Forestry) (RS-MESTD-inst-2020-200169)
- Ministry of Science, Technological Development and Innovation of the Republic of Serbia, institutional funding - 200011 (Institute of Soil Sciences, Belgrade) (RS-MESTD-inst-2020-200011)
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Institution/Community
IHTMTY - CONF AU - Tričković, Nikola AU - Rončević, Vukašin AU - Živanović, Nikola AU - Grujić, Tara AU - Stefanović, Luka AU - Jovanović, Nikola AU - Zlatić, Miodrag PY - 2023 UR - https://cer.ihtm.bg.ac.rs/handle/123456789/6950 AB - It is necessary to harmonize the needs of society in terms of agricultural production and land protection from various forms of degradation throughout sustainable land management. Various models of sustainable soil management are being applied with an aime to prevent the erosion destruction of the soil through adequate processing methods, with appropriate yields and positive economic effects of such production. Assessing the justification of investment in sustainable management of land resources is an important step in this process. Analysis of soil erosion risk was carried out in the suburban area of the morphological unit of the Barička river watershed, using the Revised Universal Soil Loss Equation (RUSLE) method, with the existing and projected structure of agricultural production according to the Future Agricultural Production Structure Model from the Aspect of Preserving Land Resources for Mountain Catchment Areas of Serbia (FAPSMS). The value of the existing and projected production structure from an economic aspect was also examined using dynamic economic methods such as Internal Rate of Return (IRR), Repayment of the In-vested Funds (RIF), Cost-Benefit Ratio (CBR) and Net Present Value (NPV). In order to assess the risk and uncertainty of investments, a sensitive analysis of dynamic methods IRR and RIF was carried out. Economic indicators show that the investment is justified and that it is more sensitive to changes in income. PB - University of Belgrade C3 - Book of abstracts - International conference on transboundary catchment erosion and pollution problems, 19-24 July, 2023, Belgrade, Serbia T1 - Economic effects of applying future agricultural production structure model (fapsms) SP - 38 EP - 38 UR - https://hdl.handle.net/21.15107/rcub_cer_6950 ER -
@conference{ author = "Tričković, Nikola and Rončević, Vukašin and Živanović, Nikola and Grujić, Tara and Stefanović, Luka and Jovanović, Nikola and Zlatić, Miodrag", year = "2023", abstract = "It is necessary to harmonize the needs of society in terms of agricultural production and land protection from various forms of degradation throughout sustainable land management. Various models of sustainable soil management are being applied with an aime to prevent the erosion destruction of the soil through adequate processing methods, with appropriate yields and positive economic effects of such production. Assessing the justification of investment in sustainable management of land resources is an important step in this process. Analysis of soil erosion risk was carried out in the suburban area of the morphological unit of the Barička river watershed, using the Revised Universal Soil Loss Equation (RUSLE) method, with the existing and projected structure of agricultural production according to the Future Agricultural Production Structure Model from the Aspect of Preserving Land Resources for Mountain Catchment Areas of Serbia (FAPSMS). The value of the existing and projected production structure from an economic aspect was also examined using dynamic economic methods such as Internal Rate of Return (IRR), Repayment of the In-vested Funds (RIF), Cost-Benefit Ratio (CBR) and Net Present Value (NPV). In order to assess the risk and uncertainty of investments, a sensitive analysis of dynamic methods IRR and RIF was carried out. Economic indicators show that the investment is justified and that it is more sensitive to changes in income.", publisher = "University of Belgrade", journal = "Book of abstracts - International conference on transboundary catchment erosion and pollution problems, 19-24 July, 2023, Belgrade, Serbia", title = "Economic effects of applying future agricultural production structure model (fapsms)", pages = "38-38", url = "https://hdl.handle.net/21.15107/rcub_cer_6950" }
Tričković, N., Rončević, V., Živanović, N., Grujić, T., Stefanović, L., Jovanović, N.,& Zlatić, M.. (2023). Economic effects of applying future agricultural production structure model (fapsms). in Book of abstracts - International conference on transboundary catchment erosion and pollution problems, 19-24 July, 2023, Belgrade, Serbia University of Belgrade., 38-38. https://hdl.handle.net/21.15107/rcub_cer_6950
Tričković N, Rončević V, Živanović N, Grujić T, Stefanović L, Jovanović N, Zlatić M. Economic effects of applying future agricultural production structure model (fapsms). in Book of abstracts - International conference on transboundary catchment erosion and pollution problems, 19-24 July, 2023, Belgrade, Serbia. 2023;:38-38. https://hdl.handle.net/21.15107/rcub_cer_6950 .
Tričković, Nikola, Rončević, Vukašin, Živanović, Nikola, Grujić, Tara, Stefanović, Luka, Jovanović, Nikola, Zlatić, Miodrag, "Economic effects of applying future agricultural production structure model (fapsms)" in Book of abstracts - International conference on transboundary catchment erosion and pollution problems, 19-24 July, 2023, Belgrade, Serbia (2023):38-38, https://hdl.handle.net/21.15107/rcub_cer_6950 .