Contributions of Agricultural Economics Research towards Sustainable Natural Resources

Abstract

The global concerns on sustainability issues such as scarcity of natural resources, rapid environmental degradation, intense international competitions, and imbalanced of social equities are increasing, resulting in growing attention towards sustainable use of natural resources, especially in the agriculture sector. Natural resources, both renewable and non-renewable are a part of the real wealth for a nation which can contribute towards fiscal revenue, income, and poverty reduction (OECD, 2011). In the agriculture sector, natural resources can be used to provide occupations in enhancing the livelihoods of the poorer communities.