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Advances in Sustainability: Contributions and Outcomes of the 2nd World Sustainability Forum
Sustainability 2013, 5(4), 1568-1576; doi:10.3390/su5041568
Article

Consistent Aggregation of Generalized Sustainable Values from the Firm Level to Sectoral, Regional or Industry Levels

1,* , 2
 and
3
Received: 11 February 2013 / Revised: 28 March 2013 / Accepted: 28 March 2013 / Published: 11 April 2013
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Abstract

This study presents a systematic method for aggregating firm level sustainable value indicators to sector, region or industry levels. The proposed method applies the generalized sustainable value that is based on frontier production functions. The method is illustrated by an empirical application to the Finnish crop and dairy sectors, where the benchmark technology is estimated by data envelopment analysis. Our efficiency assessment shows that the representative crop farm achieves only about a half of its potential output. Efficiency of the representative dairy farm is somewhat higher.
Keywords: sustainability assessment; sustainable value; productive efficiency analysis sustainability assessment; sustainable value; productive efficiency analysis
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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Kuosmanen, N.; Kuosmanen, T.; Sipiläinen, T. Consistent Aggregation of Generalized Sustainable Values from the Firm Level to Sectoral, Regional or Industry Levels. Sustainability 2013, 5, 1568-1576.

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