Identifcation of public goods and bads in South Central Planning Region in Bulgaria

Dimitre Nikolov, Petar Borisov, Teodor Radev

Abstract: The aim of the article is to outline public goods and bads from agriculture and forestry in the South Central Planning Region. There is a wide range of public bads and goods related to agriculture. Many of public goods are highly valued in the region. The most important are: agricultural landscape / landscape / topography, soil quality, farmland biodiversity, water quality, soil functionality, climate stability, as well as the sustainability of floods and fires. Public goods are used as a term in socio-political context : things which are ‘for the common good’. Development of the PG concept is a core in debates about future policy concerns maintenance of their availability and usage. We adopt the neoclassical economic approach in consideration of PG.

Keywords: agriculture; public goods

Date published: 2017-09-13