case study for economics project

51+ Economics Project Topics [Updated]

Economics may sound like a daunting subject, but it’s all around us, influencing every aspect of our lives. Economic projects delve into various aspects of how societies produce, distribute, and consume products or goods and services. Whether you’re a student looking for compelling economics project topics or someone curious about the world of economics, this guide will walk you through some fascinating areas to explore.

How Do You Write An Economic Project?

Table of Contents

Writing an economic project involves several steps to effectively research, analyze, and present your findings. Here’s a general guide on how to write an economic project:

• Choose a Topic: Choose an economic subject that captures your interest and is in line with the requirements of your assignment or the objectives of your research. It could be a macroeconomic trend, a microeconomic analysis, or a specific area like environmental economics or development economics.
• Conduct Research: Collect pertinent data and information from credible sources like scholarly journals, government reports, economic repositories, and literature. Make sure to critically evaluate the credibility and reliability of your sources.
• Outline Your Project: Create an outline that organizes your ideas and arguments logically. Include sections such as introduction, literature review, methodology, findings, discussion, and conclusion.
• Write the Introduction: Begin with an introduction that provides background information on your topic, states the purpose of your project, and outlines the structure of your paper.
• Review the Literature: Perform a thorough examination of existing literature and theories pertinent to your subject matter through a literature review. Identify any deficiencies or areas lacking sufficient research that your project intends to fill.
• Develop a Methodology: Describe the methods you used to collect and analyze data. This may include quantitative techniques such as econometric modeling or qualitative approaches like case studies or interviews.
• Present Your Findings: Present the results of your analysis in a clear and organized manner. Use tables, charts, and graphs to illustrate key findings and trends.
• Discuss Your Results: Interpret the implications of your findings and discuss their significance in relation to existing literature and theoretical frameworks. Address any limitations or constraints of your study.
• Draw Conclusions: Provide a condensed overview of your project’s key discoveries and derive conclusions from your analysis. Consider the broader implications of your research and suggest areas for further study.
• Write the Conclusion: Conclude your project by restating the main points and highlighting the contribution of your research to the field of economics. Discuss any practical implications or policy recommendations arising from your findings.
• Cite Your Sources: Make sure to cite all sources properly used in your project according to the appropriate citation style (e.g., APA, MLA, Chicago).
• Proofread and Edit: Finally, carefully proofread your project to check for errors in grammar, spelling, and formatting. Ensure that your writing is clear, concise, and coherent.

By following these steps, you can effectively write an economic project that demonstrates your understanding of economic concepts, analytical skills, and ability to communicate research findings effectively.

51+ Economics Project Topics: Category Wise

Macroeconomic topics.

• The Impact of Fiscal Policy on Economic Growth
• Analyzing the Effects of Monetary Policy on Inflation
• Evaluating the Relationship Between Exchange Rates and Export Performance
• Assessing the Role of Government Spending in Stimulating Aggregate Demand
• Examining the Causes and Consequences of Economic Recessions

Microeconomic Topics

• Market Structure Analysis: A Case Study of the Smartphone Industry
• Consumer Behavior and Preferences in the Fast Food Industry
• The Impact of Price Elasticity on Revenue in the Airline Industry
• Producer Surplus and Profit Maximization in Competitive Markets
• Analyzing Market Failures and the Need for Government Intervention

International Economics Topics

• The Effects of Trade Liberalization on Developing Countries
• Exchange Rate Volatility and Its Impact on International Trade
• Globalization and Its Effects on Income Inequality
• Trade Policies and Their Influence on Foreign Direct Investment
• Comparative Advantage and Specialization in International Trade

Environmental Economics Topics

• The Economics of Renewable Energy Adoption
• Carbon Pricing and Its Implications for Climate Change Mitigation
• Economic Valuation of Ecosystem Services
• Environmental Regulations and Firm Behavior: A Case Study Approach
• The Role of Economics in Biodiversity Conservation Efforts

Development Economics Topics

• Microfinance and Poverty Alleviation: Lessons from Case Studies
• The Impact of Education on Economic Development
• Evaluating the Effectiveness of Conditional Cash Transfer Programs
• Gender Inequality and Economic Development: An Empirical Analysis
• The Role of Foreign Aid in Promoting Sustainable Development

Behavioral Economics Topics

• Behavioral Biases in Consumer Decision-Making: A Experimental Study
• Nudge Theory and Its Applications in Public Policy
• Prospect Theory and Risk Preferences in Investment Decisions
• The Influence of Social Norms on Economic Behavior
• Behavioral Economics Approaches to Addressing Climate Change

Econometrics and Quantitative Analysis Topics

• Time-Series Analysis of Stock Market Volatility
• Regression Analysis of Factors Affecting Housing Prices
• Forecasting Macroeconomic Indicators Using Machine Learning Techniques
• Panel Data Analysis of Regional Economic Disparities
• Causal Inference Methods in Economic Research

Policy Analysis and Evaluation Topics

• Cost-Benefit Analysis of Infrastructure Projects
• Evaluating the Impact of Minimum Wage Policies on Employment
• Welfare Effects of Tax Reform: A Microsimulation Approach
• Policy Responses to Economic Shocks: Lessons from the COVID-19 Pandemic
• Assessing the Effectiveness of Anti-Poverty Programs in Developing Countries

Monetary Economics Topics

• The Transmission Mechanism of Monetary Policy
• Central Bank Independence and Inflation Targeting
• Quantitative Easing and Its Effects on Financial Markets
• The Role of Interest Rates in Determining Investment Decisions
• Digital Currencies and the Future of Monetary Policy

Labor Economics Topics

• The Economics of Immigration: Impacts on Labor Markets
• Gender Wage Gap: Causes and Policy Implications
• The Effects of Automation on Employment Patterns
• Labor Market Dynamics and Unemployment Duration
• Evaluating the Impact of Minimum Wage Laws on Poverty

Health Economics Topics

• The Economics of Healthcare Financing Systems
• Cost-Effectiveness Analysis of Healthcare Interventions
• The Impact of Health Insurance Coverage on Healthcare Utilization
• Behavioral Economics Approaches to Promoting Healthier Lifestyles
• Healthcare Market Competition and Patient Outcomes: Evidence from Empirical Studies

What To Avoid For Economics Projects?

When working on economics projects, it’s essential to be aware of common pitfalls to avoid. Here’s a list of things to steer clear of:

• Lack of Clarity in Research Question: Ensure your research question is clear, specific, and well-defined. Avoid ambiguity or broad topics that make it difficult to focus your research.
• Poor Data Quality: Avoid using unreliable or outdated data sources. Ensure your data is accurate, relevant, and obtained from reputable sources.
• Ignoring Assumptions: Be transparent about the assumptions underlying your analysis. Ignoring or glossing over assumptions can weaken the validity of your findings.
• Overly Complex Models: While sophisticated models can be impressive, avoid unnecessarily complex models that obscure key relationships or make interpretation difficult.
• Ignoring Alternative Explanations: Consider alternative explanations for your findings and address potential counterarguments. Ignoring alternative explanations can weaken the credibility of your analysis.
• Misinterpreting Correlation as Causation: Be cautious when interpreting correlations as causation. Correlation does not imply causation, so ensure you have robust evidence to support causal claims.
• Ignoring Feedback Effects: Consider feedback effects and dynamic interactions between variables in your analysis. Ignoring feedback effects can lead to biased or misleading conclusions.
• Ignoring Heterogeneity: Recognize heterogeneity within the population or sample under study. Ignoring heterogeneity can lead to overgeneralization of results.
• Overlooking Endogeneity: Be mindful of endogeneity issues, where the relationship between variables is bidirectional or influenced by unobserved factors. Addressing endogeneity requires careful modeling and appropriate techniques.
• Inadequate Literature Review: Conduct a thorough literature review to situate your research within the existing literature. Avoid overlooking relevant studies or failing to acknowledge prior research.
• Inadequate Discussion of Limitations: Acknowledge the limitations of your study and discuss their implications for the validity and generalizability of your findings.
• Poor Presentation and Organization: Ensure your project is well-organized and clearly presented. Avoid cluttered or confusing visuals, inconsistent formatting, or unclear writing.

By avoiding these common pitfalls, you can enhance the quality and credibility of your economics projects and contribute meaningfully to the field of study.

Economics is a dynamic and multifaceted field, offering endless opportunities for exploration and discovery. Whether you’re interested in understanding the forces shaping the global economy or seeking solutions to pressing social issues, there’s a wealth of topics to explore.

By delving into these areas, you’ll gain valuable insights into how economies work and how they can be improved for the benefit of all. So, don’t hesitate to dive into economics project topics and start exploring the fascinating world of economics.

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Economics →

• 11 Apr 2024
• In Practice

Why Progress on Immigration Might Soften Labor Pains

Long-term labor shortages continue to stoke debates about immigration policy in the United States. We asked Harvard Business School faculty members to discuss what's at stake for companies facing talent needs, and the potential scenarios on the horizon.

• 01 Apr 2024

Navigating the Mood of Customers Weary of Price Hikes

Price increases might be tempering after historic surges, but companies continue to wrestle with pinched consumers. Alexander MacKay, Chiara Farronato, and Emily Williams make sense of the economic whiplash of inflation and offer insights for business leaders trying to find equilibrium.

• 29 Jan 2024
• Research & Ideas

Do Disasters Rally Support for Climate Action? It's Complicated.

Reactions to devastating wildfires in the Amazon show the contrasting realities for people living in areas vulnerable to climate change. Research by Paula Rettl illustrates the political ramifications that arise as people weigh the economic tradeoffs of natural disasters.

• 10 Jan 2024

Technology and COVID Upended Tipping Norms. Will Consumers Keep Paying?

When COVID pushed service-based businesses to the brink, tipping became a way for customers to show their appreciation. Now that the pandemic is over, new technologies have enabled companies to maintain and expand the use of digital payment nudges, says Jill Avery.

• 17 Aug 2023

‘Not a Bunch of Weirdos’: Why Mainstream Investors Buy Crypto

Bitcoin might seem like the preferred tender of conspiracy theorists and criminals, but everyday investors are increasingly embracing crypto. A study of 59 million consumers by Marco Di Maggio and colleagues paints a shockingly ordinary picture of today's cryptocurrency buyer. What do they stand to gain?

• 15 Aug 2023

Why Giving to Others Makes Us Happy

Giving to others is also good for the giver. A research paper by Ashley Whillans and colleagues identifies three circumstances in which spending money on other people can boost happiness.

• 13 Mar 2023

What Would It Take to Unlock Microfinance's Full Potential?

Microfinance has been seen as a vehicle for economic mobility in developing countries, but the results have been mixed. Research by Natalia Rigol and Ben Roth probes how different lending approaches might serve entrepreneurs better.

• 23 Jan 2023

After High-Profile Failures, Can Investors Still Trust Credit Ratings?

Rating agencies, such as Standard & Poor’s and Moody's, have been criticized for not warning investors of risks that led to major financial catastrophes. But an analysis of thousands of ratings by Anywhere Sikochi and colleagues suggests that agencies have learned from past mistakes.

• 29 Nov 2022

How Much More Would Holiday Shoppers Pay to Wear Something Rare?

Economic worries will make pricing strategy even more critical this holiday season. Research by Chiara Farronato reveals the value that hip consumers see in hard-to-find products. Are companies simply making too many goods?

• 21 Nov 2022

Buy Now, Pay Later: How Retail's Hot Feature Hurts Low-Income Shoppers

More consumers may opt to "buy now, pay later" this holiday season, but what happens if they can't make that last payment? Research by Marco Di Maggio and Emily Williams highlights the risks of these financing services, especially for lower-income shoppers.

• 01 Sep 2022
• What Do You Think?

Is It Time to Consider Lifting Tariffs on Chinese Imports?

Many of the tariffs levied by the Trump administration on Chinese goods remain in place. James Heskett weighs whether the US should prioritize renegotiating trade agreements with China, and what it would take to move on from the trade war. Open for comment; 0 Comments.

• 05 Jul 2022

Have We Seen the Peak of Just-in-Time Inventory Management?

Toyota and other companies have harnessed just-in-time inventory management to cut logistics costs and boost service. That is, until COVID-19 roiled global supply chains. Will we ever get back to the days of tighter inventory control? asks James Heskett. Open for comment; 0 Comments.

• 09 Mar 2022

War in Ukraine: Soaring Gas Prices and the Return of Stagflation?

With nothing left to lose, Russia's invasion of Ukraine will likely intensify, roiling energy markets further and raising questions about the future of globalization, says Rawi Abdelal. Open for comment; 0 Comments.

• 10 Feb 2022

Why Are Prices So High Right Now—and Will They Ever Return to Normal?

And when will sold-out products return to store shelves? The answers aren't so straightforward. Research by Alberto Cavallo probes the complex interplay of product shortages, prices, and inflation. Open for comment; 0 Comments.

• 11 Jan 2022
• Cold Call Podcast

Can Entrepreneurs and Governments Team Up to Solve Big Problems?

In 2017, Shield AI’s quadcopter, with no pilot and no flight plan, could clear a building and outpace human warfighters by almost five minutes. It was evidence that autonomous robots could help protect civilian and service member lives. But was it also evidence that Shield AI—a startup barely two years past founding—could ask their newest potential customer, the US government, for a large contract for a system of coordinated, exploring robots? Or would it scare them away? Harvard Business School professor Mitch Weiss and Brandon Tseng, Shield AI’s CGO and co-founder, discuss these and other challenges entrepreneurs face when working with the public sector, and how investing in new ideas can enable entrepreneurs and governments to join forces and solve big problems in the case, “Shield AI.” Open for comment; 0 Comments.

• 06 May 2021

How Four Women Made Miami More Equitable for Startups

A case study by Rosabeth Moss Kanter examines what it takes to break gender barriers and build thriving businesses in an emerging startup hub. Open for comment; 0 Comments.

• 20 Apr 2021
• Working Paper Summaries

The Emergence of Mafia-like Business Systems in China

This study sheds light on the political pathology of fraudulent, illegal, and corrupt business practices. Features of the Chinese system—including regulatory gaps, a lack of formal means of property protection, and pervasive uncertainty—seem to facilitate the rise of mafia systems.

• 02 Feb 2021

Nonprofits in Good Times and Bad Times

Tax returns from millions of US nonprofits reveal that charities do not expand during bad times, when need is the greatest. Although they are able to smooth the swings of their activities more than for-profit organizations, nonprofits exhibit substantial sensitivity to economic cycles.

• 01 Feb 2021

Has the New Economy Finally Arrived?

Economists have long tied low unemployment to inflation. James Heskett considers whether the US economic policy of the past four years has shaken those assumptions. Open for comment; 0 Comments.

• 06 Jan 2021

Aggregate Advertising Expenditure in the US Economy: What's Up? Is It Real?

We analyze total United States advertising spending from 1960 to 2018. In nominal terms, the elasticity of annual advertising outlays with respect to gross domestic product appears to have increased substantially beginning in the late 1990s, roughly coinciding with the dramatic growth of internet-based advertising.

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Solving Case Study in Economics: A Complete Guide

case study in economics

Case studies are invaluable in economics education, providing students with real-world scenarios to apply theoretical concepts and analytical skills. However, solving a case study in economics requires a structured approach that combines research, critical thinking, and a deep understanding of economic principles. This post presents a comprehensive guide on effectively solving a case study in economics , ensuring a thorough analysis and a grasp of practical implications.

Understanding the Case Study

Read carefully: .

Begin by reading the case study thoroughly. Pay attention to the details, context, and objectives presented. Identify the main issues, stakeholders, and the economic concepts at play.

Define the Problem: 

Clearly define the economic problem or challenge presented in the case study. What are the fundamental problems that ought to be handled? Understanding the problem is crucial before proceeding with analysis.Identify the central economic problem or challenge that the case study presents. This could involve issues related to demand and supply, market structures, externalities, government interventions, or any other economic concept.

Gathering Relevant Information

Research: .

Conduct thorough research to gather additional information relevant to the case study. This may involve exploring economic theories, statistical data, and industry trends. Reliable sources such as academic journals, government reports, and reputable news outlets are valuable.

Identify Variables: 

Identify the variables affecting the situation presented in the case study. These could include economic indicators, market conditions, government policies, etc.

Read also: How Trademark Registration Can Help in Business

Applying Economic Concepts

Use relevant theories: .

Apply relevant economic theories and concepts to analyze the case study. Consider concepts like supply and demand, elasticity, market structure, cost analysis, and utility theory, depending on the case context.

Quantitative Analysis:  

If applicable, use quantitative methods such as calculations, graphs, and charts to illustrate your analysis. These tools can help visualize economic relationships and trends.

Data Interpretation

Cause and effect:.

 Identify the cause-and-effect relationships driving the economic situation in the case study. Analyze how changes in one variable can impact others and lead to specific outcomes.

Consider Alternatives: 

Explore solutions or strategies to address the issues presented. Consider the possible benefits and drawbacks of each option.

Making Recommendations

Informed decisions: .

Based on your analysis, make informed recommendations for addressing the challenges outlined in the case study in economics. Your recommendations should be rooted in economic theories and supported by your gathered data.

Justify Your Recommendations: 

Clearly explain the rationale behind your recommendations. How will they positively impact the stakeholders involved? Justify your choices with economic logic.

Read also: Best Practices for Workday Financial Management Integration

Tips for Success

Practice: .

The more case studies you solve, the more comfortable you’ll become with the process. Practice hones your analytical skills and enables you to apply economic concepts effectively.

Collaborate: 

Engage in discussions with peers or instructors. Collaborative analysis can offer diverse perspectives and deepen your understanding of the case.

Real-World Context: 

Relate the case study to real-world economic scenarios. Understanding the practical implications of your analysis adds depth to your recommendations.

Stay Updated:

 Case study in economics is a dynamic field. Stay updated with current economic trends, policy changes, and market developments to enhance the relevance of your analysis.

Read the Case Thoroughly

Begin by reading the case study attentively. Familiarize yourself with the context, characters, and economic issues presented. Take notes as you read to highlight key information and identify the main problems.

 Apply Relevant Economic Concepts

Next, apply the economic concepts and theories you’ve learned in your coursework to the identified problem. Consider how concepts like elasticity, opportunity cost, marginal analysis, and cost-benefit analysis can be applied to the situation.

 Collect Data and Information

Gather relevant data and information that can support your analysis. This may include statistical data, market trends, historical information, and other relevant sources that substantiate your arguments.

Analyze and Evaluate

Conduct a thorough analysis of the situation. Identify the factors contributing to the problem and evaluate their impact. Use graphs, charts, and diagrams to represent your analysis and provide clarity visually.

 Explore Alternatives

Generate possible solutions or alternatives to address the identified problem. Consider the pros and cons of each solution, keeping in mind economic feasibility, ethical implications, and potential outcomes.

 Apply Economic Theories

When formulating solutions, apply economic theories and principles that align with the situation. For instance, if you’re dealing with a market failure, explore how government intervention or corrective measures can be applied based on economic theories like externalities or public goods.

Quantitative Analysis

If applicable, perform quantitative analysis using relevant mathematical or statistical tools. This could involve calculating elasticity break-even points or analyzing cost structures to support your recommendations.

 Justify Your Recommendations

Ensure that your solutions are well-justified and backed by solid economic reasoning. Explain how each solution addresses the problem and aligns with economic theories.

 Consider Real-World Constraints

Acknowledge any real-world constraints that might affect the implementation of your recommendations. This could include budgetary limitations, political considerations, or social factors.

Solving an case study in economics writing is an enriching experience that bridges theory and practice. It requires a structured approach, from understanding the case to making well-informed recommendations. By thoroughly analyzing the economic concepts, interpreting data, and applying relevant theories, you can arrive at strategic solutions that align with economic principles.

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Discover all the ways our 2,000 customers succeed, thrive and grow with Oxford Economics. Read success stories from Oxford Economics' clients in sectors such as pensions, energy and Real Estate. Learn how they solved their business challenges, supported their businesses' growth and adapted to new markets using Oxford Economics market-leading consulting and subscription services.

Case Study | Multinational Drinks Company

Bespoke dashboards and agile on-demand economics support

Background Today’s turbulent macroeconomic and consumer environment makes strategy and planning particularly difficult for firms in the business-to-consumer sector. The pandemic, major global conflicts and geopolitical tensions have caused major supply-side disruptions. At the same time, the ever-changing consumer environment, recent unprecedented levels of inflation and the ensuing cost of living crisis have been a...

Case Study | Royal London

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Economic Impact Case Study Tool for Transit (2016)

Chapter: chapter 1 - background and objectives.

Below is the uncorrected machine-read text of this chapter, intended to provide our own search engines and external engines with highly rich, chapter-representative searchable text of each book. Because it is UNCORRECTED material, please consider the following text as a useful but insufficient proxy for the authoritative book pages.

3 C H A P T E R 1 1.1 Report Objectives and Outline Objective There are several possible reasons to follow up after trans- portation projects are completed to see their actual results and impacts (i.e., “ex post” analysis). These reasons span five broad classes: 1. To inform public policy discussion by developing enhanced rules of thumb (better expectations) regarding the range of impacts likely to result from various types of projects; 2. To provide insight for planners (lessons learned) regard- ing factors and processes that affect project outcomes and that need to be considered in project development and implementation; 3. To validate analysis methods by determining the accuracy of current analysis methods used to predict costs and/or benefits and to enable improvement in future prediction methods; 4. To confirm investment justifications by determining the extent to which a program or policy is achieving intended effects and, hence, is worthy of continued funding and operation; and 5. To assemble data for subsequent statistical analysis and mar- ket research on the relationships of transportation invest- ment, land development, and economic development. While there is existing data on changes over time in vehic- ular traffic and transit ridership that can be linked to indi- vidual transportation projects, there is far less information available that documents the economic impacts from land development responses to individual transportation projects. So while all of the above justifications can apply for following up on transportation and travel impacts of completed proj- ects, they are equally (or perhaps more) needed to under- stand the broader economic and land development impacts of projects. The lack of consistent information on the economic development impacts of transportation is not limited to transit. There is a general shortage of valid before-and-after economic impact studies regarding transport investments. When such studies are done, impact data are rarely collected consistently—even when done for a specific mode and even when applied to impacts that are less complex than economic development. Thus, there is a clear need for more post-project impact studies, organized in a consistent manner and accessible via a searchable database. This study represents an initial step toward development of case studies to portray the actual, observed economic impacts of transit projects. It examines issues arising in the develop- ment of transit impact case studies, and it illustrates how case studies can be conducted. The emphasis here is on providing planning and policy insights (the first two of the above-listed five reasons for conducting ex post analysis). Such a tool can be used to support project screening and sketch level plan- ning, to support early stage public discussions (by tempering unrealistically optimistic or pessimistic expectations), and to help define supporting strategies to bolster desired economic development outcomes. Overview This report summarizes the findings of TCRP Project H-50, a research effort to develop a prototype for a national database of case studies pertaining to the economic and land develop- ment impacts of transit projects. This effort included (a) identi- fication of potentially applicable case studies; (b) development of protocols for data collection and impact measurement; (c) a searchable database design for maintaining records and reporting on findings; and (d) pilot implementation—which consisted of completing seven case studies and making them accessible via a web-based user interface. The overall system design for transit project case studies that was refined and implemented for this study was specifically designed to follow Background and Objectives

4the general standard of a previously developed format for highway project case studies, although it has been specifically adapted here to be applicable for transit projects. This report is organized into five chapters with three appen- dices. Chapter 1 covers the project background and objectives. Chapter 2 describes the process that was used in this study to identify and select applicable case studies. Chapter 3 describes the web-based database containing case study information and the system for reporting economic impact results. Chapter 4 provides guidance on how to develop additional case studies and how to use the information for planning and policy analy- sis. Chapter 5 discusses issues and follow-on research regard- ing the development of a more complete system of transit impact case studies. There are also three appendices: a “data- base dictionary” of information content, information about further training materials on the web, and detailed informa- tion assembled for the individual case studies. 1.2 Building on a Prior History of Case Study Analysis In the United States, documentation of economic impacts from built transportation investments goes back to the Erie Canal, which opened in 1820 to connect agricultural regions in the Ohio Valley to East Coast population centers. Follow-up observations showed a twenty-fold drop in the price of wheat in urban markets, followed by a massive movement of popu- lation and economic activity to the Ohio Valley (New York State Archives, 2014). Case Studies for Highway Projects Starting in the 1990s, there was a flurry of systematic activ- ity to document the economic impacts of individual road projects. This included pre/post studies of bypass projects in Wisconsin, Kansas, Iowa, Washington State, Texas, North Carolina, and others (these studies are reviewed in California Bypass Study [System Metrics Group, 2016]). The Appalachian Regional Commission also funded development of nearly 200 case studies on the actual observed impacts of road and other infrastructure projects as part of an effort to show outcomes of its Public Works program (Brandow, 2000; Brandow/ Bizminer, 2007). FHWA also funded a further series of case studies of major highway investments (FHWA, 2004) and issued a guide to use of empirical information to document the economic impact of past highway investments (EDR Group and Cambridge Systematics, 2001). Some local and state agencies have also funded case studies of past project experiences to help them with public involve- ment and planning processes for planned new projects. For instance, when it was considering a new highway interchange, the Pennsylvania Turnpike Commission funded a set of case studies of the economic impacts of other new highway inter- changes around the United States (Wray et al., 2000). Simi- larly, when Roanoke, Virginia, was considering the alignment of a new highway that could run through or around the city, it funded case studies of economic impacts in new highways along the outskirts and through the center of other cities (EDR Group, 2000). Case Studies for Transit Projects More recently, a series of research reports has been com- pleted that provide pre/post case study data regarding the impact of individual transit projects including line, corridor, and station area investments. In general, these reports have focused on demonstrating that transit projects can and do affect surrounding land use, land development, and job growth, although impacts differ across case studies depending on the nature of the specific project and its settings. These include case studies of station area development (Vincent and Jerram, 2008); rail transit corridors (Hook et al., 2013); fixed guideway transit (Chatman et al., 2014); and BRT impacts (Nelson and Ganning, 2015). There have also been statistical studies of the relationship between transportation investment and economic growth, but that line of research—while important for showing the value of transportation funding—does not provide the local details that arise from case studies of individual projects. TPICS and EconWorks While all of the preceding case study efforts contribute to the body of knowledge concerning economic and land devel- opment impacts of transportation, they have varied in the depth and breadth of their coverage, spanning different types of projects, different periods of impact measurement, differ- ent impact measures, and different forms of reporting. There has been a clear need to develop a more consistent national database of case studies that can cover broader types of proj- ects, broader settings, and broader forms of resulting impacts. In response to that and other research needs, in 2005, the U.S. Congress authorized the Second Strategic High- way Research Program (SHRP 2) to fund a variety of applied research efforts. Those efforts included the development of a national database of case studies to show the extent to which economic impacts occur as a result of highway investments. The research objectives of SHRP 2 Project C03 were stated as follows (SHRP 2, 2007): 1. To provide a resource to help determine the net changes in the economic systems of an area impacted by a transpor- tation capacity investment; the resource should include,

5 in an economic context, impacts on land use, land value, and the environment; 2. To provide data and results from enough structured cases that project planners in the future can use the cases to demonstrate by analogy the likely impacts of a proposed project or group of projects (plan); and 3. To demonstrate how this fits into collaborative decision- making for capacity expansion. The result of SHRP 2 Project C03 was a collection of 100 case studies of highway-related projects, offered via a search- able web-based database and accompanied by a research report that summarized statistical analysis of the case study outcomes (EDR Group et al., 2012). The case study system, called “Transportation Project Impact Case Studies” (TPICS), was managed by TRB. It can be viewed at www.tpics.us (Inter- net Explorer is the preferred browser). In 2014, TCRP approved funding of a pilot effort to extend the TPICS case study concept from highway-oriented projects (as required by SHRP 2) to also cover transit projects. This report describes the findings from that pilot effort (TCRP Project H-50). This product is referred to as “TPICS for Tran- sit” to distinguish it from the original SHRP 2 product. It can be viewed at https://transit.tpics.us (Internet Explorer is the preferred browser). Meanwhile, the SHRP 2 program ended in 2015, and the original TPICS for highways was transitioned from TRB to sponsorship by FHWA and AASHTO, which updated the look of the TPICS visual interface and rebranded it as “Econ- Works Case Studies.” The change does not in any way affect the applicability of this study’s results concerning the oppor- tunity to extend the highway case study database to also cover transit projects. The new interface can be viewed at https:// planningtools.transportation.org/13/econworks.html. The TPICS/EconWorks database of highway-oriented case studies, as well as the new transit case studies developed for this TCRP project, share a common set of intended uses, which focus on improving transportation planning and associated public discussion of transportation plans. This corresponds to Categories 1 and 2 of the five reasons for case studies that were cited on the first page of this section. The intention is to improve project planning and discussion in three ways: 1. To enable planners to establish the range of likely impacts associated with various types of projects in different set- tings. This can be particularly useful for early stage con- cept planning. 2. To enable transportation agency staff to cite real world examples at public meetings, helping to limit unreason- ably optimistic hopes or overly pessimistic fears about proposed projects. 3. To enable better project designs, plans, and implemen- tation processes by pointing out factors that have been found to accentuate or mitigate positive and negative impacts. The TPICS/EconWorks database system was also designed to enable export of all data so that it can be eventually used for further research once there are enough case observations to support such analysis. This corresponds to Categories 3, 4, and 5 of the five motivations for case studies. 1.3 TCRP Study Report This report presents results of the TCRP Project H-50. It describes the pilot design and framework for a national database of case studies that measure the observed, actual land development impacts and associated economic impacts of public transit investments (not construction or transit operations and maintenance impacts). It was based on the assumption that transit cases can be developed in a man- ner consistent with the pioneering database that was suc- cessfully established for highway projects under SHRP 2 as TPICS (and which is now being continued as Econ- Works). In this proposal, we refer to the transit extension as “TPICS-Transit.” This project was established to provide three meaningful outcomes: 1. To extend the breadth and use of the TPICS web tool frame- work to cover transit. It addressed this goal by developing a database and user interface that copies the existing TPICS framework but modifies it as required to apply to public transportation investments. This final report notes the type of changes made and ways that the TPICS structure can be more broadly applied. 2. To advance the measurement of permanent economic impacts associated with public transit. It addressed this goal by pro- viding a common framework for measuring impacts associ- ated with completed transit projects—building an initial set of pilot case studies that use this framework—by develop- ing a database that can include many more transit cases in the future and by identifying the type of effort needed to continue that effort beyond this project. 3. To advance the broader process of ex post analysis. It addressed this goal by extracting lessons learned regarding how data assembly and measurement methods may differ between expansion of services (such as public transportation) and facilities (such as highways). The report also notes chal- lenges and opportunities for using case study databases of this type for future planning and research applications.

6Readers of this report (and particularly its final chapter) will note that it also includes discussion of the many current data limitations affecting existing transit case studies as well as potentials for broader use that may become possible in the future. That is an important point—that the develop- ment of ex post case studies and a national database of case study information is still in its infancy, and there is a need for ongoing support to keep this case study data- base alive and eventually expand its capabilities and uses. Thus, in the long run, this report and its case study exam- ples should be seen as a way to inform discussion and to demonstrate what economic analysis case studies can and cannot do. It should be clear to readers that the current database of case studies is not a statistically controlled data set, but rather a collection of examples selected to support both planning and project review processes by illuminating the way that project features, their spatial settings, and their broader implementa- tion contexts all interact to affect economic and land develop- ment outcomes.

TRB's Transit Cooperative Research Program (TCRP) Report 186: Economic Impact Case Study Tool for Transit presents the results of a project aimed at creating the prototype for a searchable, web-based database of public transit investment projects and their associated, transit-driven economic and land development outcomes. This information is intended to inform future planning efforts for transit-related projects, and to support better multi-modal planning.

This TCRP project builds upon a database established for highway projects under TRB’s second Strategic Highway Research Program (SHRP2) called Transportation Project Impact Case Studies (TPICS). The purpose of TPICS is to provide transportation planners with a consistent base of data on actual, documented economic and land development impacts of completed transit-related investments, along with descriptions of the nature and associated factors of the impact.

The report covers the design and development of the case study database and web tool, and includes a set of seven prototype case studies. The web tool and prototype cases can be found at http://transit.tpics.us .

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Improving economics teaching and learning for over 20 years

Microeconomic Case Studies

An economics network funded project 2006-7.

Project leader: Ms. A. Vindelyn Smith-Hillman Contact: [email protected]

• Teaching guide
• Answer guide
• Student handout

The case studies aim to provide an applied contemporary vehicle to engage economic students in an area of familiarity. All too often microeconomics is perceived as being essentially a theoretical tool in which models and accompanying diagrams are memorised with little understanding of their significance in policy application.

It is anticipated that the case study approach will foster analytical development and also cater to mainstream business students who are taking an economics minor thereby widening participation in economic disciplines.

It is also intended that the case study vehicle provides a means of reaching out to developing country economic lecturers through suggesting alternative assessment. It affords the opportunity for oral assessment as against sole reliance on written assessment. In addition to written skills therefore, it offers the potential for development of social skills and enables students to learn by doing. Similar cases can be developed for the developing country context, in any case anti-competitive conduct pursued by a multinational corporation is often not isolated to a particular region, or if it is, developing countries bear the brunt.

See also case studies of mathematical concepts in Economics

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Disciplines in Nigeria

Case studies: successful agricultural economics projects in nigeria.

Last Updated on December 8, 2023

Introduction

Brief overview of agricultural economics in nigeria.

Agricultural Economics Projects in Nigeria: In Nigeria, agricultural economics stands as a cornerstone, intertwining livelihoods with the nation’s economic fabric.

A rich tapestry of diverse climates and fertile lands propels agriculture, making it a pivotal sector.

Importance of Successful Agricultural Projects

The success of agricultural projects isn’t just measured in yields; it’s a catalyst for socio-economic upliftment. Flourishing farms mean enhanced food security, increased employment, and a robust rural economy.

The interplay between successful agricultural ventures and broader economic prosperity is undeniable.

Purpose of the Blog Post

This blog post delves into real-life success stories, shining a spotlight on impactful agricultural ventures in Nigeria.

By dissecting the intricacies of these projects, we aim to draw insights, inspire future initiatives, and underline the critical role of agricultural economics in national development.

Each case study unfolds as a testament to the transformative power of strategic planning, innovation, and community engagement in the agricultural landscape.

As we embark on this journey, be prepared to explore the stories behind the thriving fields and the faces of individuals whose perseverance has turned soil into gold.

This isn’t just a documentation of triumphs; it’s a call to action, urging stakeholders to amplify their efforts in shaping a resilient and prosperous agricultural future for Nigeria.

Stay tuned for our first case study, where we unravel the nuances of a groundbreaking initiative that not only boosted crop yields but also elevated the livelihoods of countless farmers.

The saga begins, and the lessons are bound to resonate far beyond the fields.

Case Study 1: The FADAMA Project

The FADAMA Project in Nigeria has been a remarkable success in improving agricultural economics and enhancing the livelihoods of farmers.

Let’s delve into the background information of this project and explore its achievements, economic benefits, and lessons learned.

Background information on The FADAMA Project

The FADAMA Project is primarily based in Nigeria, a country renowned for its vast agricultural potential.

Its key objective is to boost agricultural productivity and improve the livelihoods of farmers across the nation.

The project specifically targets areas with favorable climatic conditions and fertile land, ensuring optimal agricultural outcomes.

The FADAMA Project receives funding from the World Bank, which recognizes the importance of investing in agricultural development for sustainable economic growth.

This financial support has enabled the project to implement innovative strategies and advanced technologies to uplift Nigeria’s agricultural sector.

Success story of The FADAMA Project

The achievements and impact of The FADAMA Project have been staggering.

By introducing modern farming techniques, providing training, and facilitating access to improved seeds and fertilizers, the project has significantly increased agricultural productivity in Nigeria.

Farmers have reported higher crop yields and improved quality, leading to increased incomes and greater food security.

The economic benefits of The FADAMA Project are multi-faceted. The enhanced agricultural productivity has not only improved the living standards of farmers but has also contributed to the national economy.

The increased production has created a surplus, allowing for exports and reducing dependency on food imports.

This boosts Nigeria’s overall trade balance and strengthens its agricultural sector, paving the way for sustained economic growth.

Moreover, The FADAMA Project has served as a valuable learning experience for agricultural development in Nigeria.

The project has identified crucial lessons that can guide future initiatives.

These lessons include the importance of technology transfer, farmer empowerment through training and capacity building, and the significance of sustainable and inclusive agricultural practices.

The FADAMA Project has set a benchmark for successful agricultural economics projects in Nigeria.

In fact, The FADAMA Project in Nigeria has been instrumental in transforming agricultural economics and improving the lives of farmers.

With its location in Nigeria, objective to enhance productivity, and funding from the World Bank, the project has achieved remarkable success.

The project’s achievements, economic benefits, and lessons learned provide a strong foundation for future agricultural development initiatives in Nigeria and beyond.

Read: The Role of Agricultural Extension in Nigeria’s Economy

Case Study 2: The Agricultural Growth and Investment Plan (AGRIP)

Background information on agriculture project b.

In the heart of Nigeria, Agriculture Project B thrived in the fertile landscapes of Kano State.

The primary aim was to enhance food security by promoting sustainable farming practices and increasing agricultural productivity.

Funding Source

Generously funded by a collaboration between the Nigerian government and a renowned international agricultural development organization.

Success Story of Agriculture Project B

Achievements and impact.

Agriculture Project B achieved remarkable milestones, witnessing a significant surge in crop yield and livestock production. The project substantially contributed to food self-sufficiency in the region.

Economic Benefits

The economic impact was profound, with a substantial increase in farmers’ income and employment opportunities.

The ripple effect reached beyond the agricultural sector, positively influencing the overall economic landscape.

Lessons Learned

The success of Agriculture Project B underscored the importance of community engagement, sustainable farming techniques, and strategic partnerships.

It taught us that investing in agricultural projects can be a catalyst for holistic economic development.

In the lush fields of Kano State, Agriculture Project B emerged as a beacon of success, transforming the agricultural landscape and uplifting the community.

Through meticulous planning and strategic collaboration, the project not only met its objectives but surpassed expectations, leaving an indelible mark on Nigeria’s agricultural economy.

The story of Agriculture Project B is a testament to the transformative power of well-executed agricultural initiatives, offering valuable lessons for future endeavors in sustainable development.

Read: Challenges and Solutions in Nigeria’s Agricultural Extension

Case Study 3: The World Bank’s Smallholder Agriculture Transformation and Agribusiness Revitalization Project (STAR-P)

Background information on star-p.

Case Study 3 focuses on the Smallholder Agriculture Transformation and Agribusiness Revitalization Project (STAR-P), an initiative spearheaded by The World Bank in Nigeria.

This project aims to transform smallholder agriculture and revitalize agribusiness, ultimately promoting economic growth and development in the country.

Located in Nigeria, STAR-P has been designed to achieve several objectives.

The primary goal is to enhance agricultural productivity among smallholder farmers, enabling them to contribute significantly to Nigeria’s food security and economic stability.

Additionally, the project seeks to promote sustainable agricultural practices, improve access to financial services and markets, and strengthen the overall agribusiness value chain.

To support the implementation of STAR-P, The World Bank has provided substantial funding.

This financial backing has been crucial in ensuring the project’s success and sustainability, enabling the deployment of essential resources and technical assistance.

Success story of STAR-P

The success of STAR-P is evident in the achievements and impact it has made in the agricultural sector in Nigeria.

The project has significantly increased crop yields and livestock production, leading to improved food production and reduced dependency on imports.

Moreover, through the adoption of modern farming techniques and access to better inputs and technologies, smallholder farmers have experienced a substantial increase in their income levels, ultimately uplifting their households and communities.

The economic benefits generated by STAR-P extend beyond the smallholder farmers themselves.

The project has stimulated rural development by creating employment opportunities and generating income for various actors within the agribusiness value chain, including processors, distributors, and retailers.

This ripple effect has contributed to poverty alleviation and a more inclusive economy.

Throughout its implementation, the STAR-P project has revealed essential lessons for future agricultural economics projects.

One crucial lesson learned is the effectiveness of targeted interventions.

By focusing on smallholder farmers and the agribusiness value chain, the project has maximized its impact and generated sustainable outcomes.

Additionally, collaboration among stakeholders has been a critical component of STAR-P’s success.

The World Bank, government agencies, non-governmental organizations, and local communities have worked together to ensure the project’s smooth implementation and continued growth.

This collaborative approach has fostered knowledge sharing, innovation, and the ability to address diverse challenges effectively.

In short, the Smallholder Agriculture Transformation and Agribusiness Revitalization Project (STAR-P) in Nigeria, supported by The World Bank, stands as a successful case study in agricultural economics.

Through targeted interventions and collaboration, the project has achieved remarkable outcomes, including improved productivity, economic benefits, and valuable lessons for future projects.

STAR-P serves as an exemplar for other countries and organizations seeking to transform agricultural systems and promote rural development.

Read: The Intersection of Agri-Coop Management and Agri-Business in Nigeria

Comparison of the Case Studies

Commonalities among the successful projects.

• Both projects focused on improving agricultural practices.
• They aimed to increase crop yield and farmers’ income.
• Both projects were implemented in rural areas of Nigeria.
• They utilized modern farming techniques and technologies.
• Both projects received support from governmental and non-governmental organizations.

Differences in terms of location, objective, and funding

• Project A was located in the northern region, while Project B was in the southern region of Nigeria.
• Project A aimed to promote wheat cultivation, while Project B focused on cassava production.
• Project A was funded mainly by international donors, while Project B received funding from the Nigerian government.
• The objectives of Project A included reducing wheat importation and improving food security, whereas Project B aimed to increase cassava exportation.

Critical factors contributing to their success

• Active involvement and participation of local farmers and communities.
• Effective training and capacity building programs for farmers.
• Access to high-quality seeds, fertilizers, and modern farming equipment.
• Availability of reliable irrigation systems and water resources.
• Collaboration between agricultural experts, researchers, and extension officers.
• Government policies and support that created an enabling environment for agricultural development.
• Successful market linkages and access to agricultural value chains.
• Sustainable and efficient management of resources and agricultural inputs.
• Continuous monitoring, evaluation, and knowledge-sharing among project stakeholders.
• Adoption of climate-smart agricultural practices and resilience to climate change.
• Engagement with and participation of women and youth in agricultural activities.

Basically, the successful agricultural economics projects in Nigeria share commonalities in their focus on improving agricultural practices, increasing crop yield, and benefiting farmers in rural areas.

However, they differ in terms of location, objectives, and funding sources.

The critical factors contributing to their success include active involvement of farmers, access to necessary resources and technologies, government support, effective market linkages, and adoption of sustainable practices.

By analyzing these case studies, valuable lessons can be learned to replicate and scale successful agricultural projects in Nigeria and beyond.

Read: Examining the Curriculum: Agri-Cooperative Courses in Nigeria

Lessons Learned and Recommendations

Key lessons learned from the case studies.

• Local community participation is crucial for the success of agricultural economics projects in Nigeria.
• Effective resource management plays a significant role in achieving sustainable outcomes.
• Adaptability and flexibility are essential to overcome challenges faced in agricultural projects.
• Investment in research and development is vital to improve agricultural practices and productivity.
• Effective communication and coordination between stakeholders lead to better project outcomes.
• Training and capacity building programs empower farmers and enhance their skills and knowledge.
• Integration of modern technology and innovation can revolutionize the agricultural sector in Nigeria.
• Promoting gender equality and inclusivity within projects contributes to their success.
• Maintaining a sustainable and eco-friendly approach is crucial for the long-term impact of projects.

Recommendations for implementing successful agricultural economics projects in Nigeria

• Engage local communities from project inception to ensure their active participation and ownership.
• Establish effective monitoring and evaluation systems to track project progress and identify areas for improvement.
• Encourage public-private partnerships to enhance resource mobilization and leverage expertise.
• Promote market-oriented approaches and value chain development to improve farmers’ income.
• Invest in infrastructure development for efficient agricultural production, storage, and transportation.
• Facilitate access to credit and financial services for small-scale farmers to stimulate growth.
• Prioritize research and development to introduce innovative technologies and practices.
• Strengthen extension services to provide continuous support and knowledge transfer to farmers.
• Implement gender-responsive strategies to empower women farmers and promote equal opportunities.
• Ensure sustainable land and water management practices to mitigate environmental degradation.

Importance of knowledge sharing and collaboration within the agricultural sector

The case studies highlight the significance of knowledge sharing and collaboration within the agricultural sector in Nigeria.

Successful projects have showcased the positive outcomes achieved when stakeholders, including farmers, policymakers, researchers, and development organizations, work together towards a common goal.

Sharing knowledge and experiences helps avoid duplication of efforts, enhances learning, and accelerates progress in the agricultural sector.

It promotes the exchange of best practices, innovative ideas, and lessons learned from both successful and failed projects.

Collaboration also enables stakeholders to pool resources, expertise, and technical know-how, creating a more holistic approach to addressing challenges and maximizing the impact of agricultural economics projects.

Furthermore, knowledge sharing and collaboration foster synergy among different actors, leading to greater coordination, policy coherence, and effective implementation of agricultural initiatives.

It encourages the adoption of evidence-based decision-making, where stakeholders can draw on shared experiences to develop context-specific solutions and strategies.

To facilitate knowledge sharing and collaboration, platforms such as conferences, workshops, and online forums should be established to create opportunities for stakeholders to connect, learn from each other, and form partnerships.

Additionally, government agencies and development organizations should invest in strengthening agricultural networks and knowledge-sharing platforms, both at the national and regional levels.

Essentially, the lessons learned from successful agricultural economics projects in Nigeria, along with the recommended strategies, emphasize the importance of collaboration, knowledge sharing, and adopting a participatory approach.

By implementing these recommendations, Nigeria can harness its agricultural potential, improve food security, enhance rural livelihoods, and achieve sustainable economic growth.

To recap, successful agricultural projects play a crucial role in Nigeria.

They not only contribute to economic development but also improve the lives of many Nigerian farmers and their communities.

With the vast potential of Nigeria’s agricultural sector, there is a great opportunity for further growth and prosperity.

It is imperative for stakeholders to recognize this potential and invest resources and support into agricultural economics projects.

As we conclude, let us recognize the importance of continued investment in Nigeria’s agricultural sector.

This call to action is not only for the government but also for private entities, both national and international, to collaborate and provide the necessary resources and expertise.

By investing in agricultural projects, we can foster economic growth, alleviate poverty, and create sustainable livelihoods for Nigerian farmers.

Together, we can unlock the full potential of Nigeria’s agricultural sector for the benefit of all.

• The Role of Agricultural Extension in Nigeria’s Economy
• Role of Agricultural Economists in Nigeria’s Rural Development

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Top 40 Most Popular Case Studies of 2021

Two cases about Hertz claimed top spots in 2021's Top 40 Most Popular Case Studies

Two cases on the uses of debt and equity at Hertz claimed top spots in the CRDT’s (Case Research and Development Team) 2021 top 40 review of cases.

Hertz (A) took the top spot. The case details the financial structure of the rental car company through the end of 2019. Hertz (B), which ranked third in CRDT’s list, describes the company’s struggles during the early part of the COVID pandemic and its eventual need to enter Chapter 11 bankruptcy. 

The success of the Hertz cases was unprecedented for the top 40 list. Usually, cases take a number of years to gain popularity, but the Hertz cases claimed top spots in their first year of release. Hertz (A) also became the first ‘cooked’ case to top the annual review, as all of the other winners had been web-based ‘raw’ cases.

Besides introducing students to the complicated financing required to maintain an enormous fleet of cars, the Hertz cases also expanded the diversity of case protagonists. Kathyrn Marinello was the CEO of Hertz during this period and the CFO, Jamere Jackson is black.

Sandwiched between the two Hertz cases, Coffee 2016, a perennial best seller, finished second. “Glory, Glory, Man United!” a case about an English football team’s IPO made a surprise move to number four.  Cases on search fund boards, the future of malls,  Norway’s Sovereign Wealth fund, Prodigy Finance, the Mayo Clinic, and Cadbury rounded out the top ten.

Other year-end data for 2021 showed:

• Online “raw” case usage remained steady as compared to 2020 with over 35K users from 170 countries and all 50 U.S. states interacting with 196 cases.
• Fifty four percent of raw case users came from outside the U.S..
• The Yale School of Management (SOM) case study directory pages received over 160K page views from 177 countries with approximately a third originating in India followed by the U.S. and the Philippines.
• Twenty-six of the cases in the list are raw cases.
• A third of the cases feature a woman protagonist.
• Orders for Yale SOM case studies increased by almost 50% compared to 2020.
• The top 40 cases were supervised by 19 different Yale SOM faculty members, several supervising multiple cases.

CRDT compiled the Top 40 list by combining data from its case store, Google Analytics, and other measures of interest and adoption.

All of this year’s Top 40 cases are available for purchase from the Yale Management Media store .

And the Top 40 cases studies of 2021 are:

1.   Hertz Global Holdings (A): Uses of Debt and Equity

2.   Coffee 2016

3.   Hertz Global Holdings (B): Uses of Debt and Equity 2020

4.   Glory, Glory Man United!

5.   Search Fund Company Boards: How CEOs Can Build Boards to Help Them Thrive

6.   The Future of Malls: Was Decline Inevitable?

7.   Strategy for Norway's Pension Fund Global

8.   Prodigy Finance

9.   Design at Mayo

10. Cadbury

11. City Hospital Emergency Room

13. Volkswagen

14. Marina Bay Sands

15. Shake Shack IPO

16. Mastercard

17. Netflix

18. Ant Financial

19. AXA: Creating the New CR Metrics

20. IBM Corporate Service Corps

21. Business Leadership in South Africa's 1994 Reforms

22. Alternative Meat Industry

23. Children's Premier

24. Khalil Tawil and Umi (A)

25. Palm Oil 2016

26. Teach For All: Designing a Global Network

27. What's Next? Search Fund Entrepreneurs Reflect on Life After Exit

28. Searching for a Search Fund Structure: A Student Takes a Tour of Various Options

30. Project Sammaan

31. Commonfund ESG

32. Polaroid

33. Connecticut Green Bank 2018: After the Raid

34. FieldFresh Foods

35. The Alibaba Group

36. 360 State Street: Real Options

37. Herman Miller

38. AgBiome

39. Nathan Cummings Foundation

40. Toyota 2010

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Toward a framework for selecting indicators of measuring sustainability and circular economy in the agri-food sector: a systematic literature review

• LIFE CYCLE SUSTAINABILITY ASSESSMENT
• Published: 02 March 2022

Cite this article

• Cecilia Silvestri   ORCID: orcid.org/0000-0003-2528-601X 1 ,
• Luca Silvestri   ORCID: orcid.org/0000-0002-6754-899X 2 ,
• Michela Piccarozzi   ORCID: orcid.org/0000-0001-9717-9462 1 &
• Alessandro Ruggieri 1  

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A Correction to this article was published on 24 March 2022

This article has been updated

The implementation of sustainability and circular economy (CE) models in agri-food production can promote resource efficiency, reduce environmental burdens, and ensure improved and socially responsible systems. In this context, indicators for the measurement of sustainability play a crucial role. Indicators can measure CE strategies aimed to preserve functions, products, components, materials, or embodied energy. Although there is broad literature describing sustainability and CE indicators, no study offers such a comprehensive framework of indicators for measuring sustainability and CE in the agri-food sector.

Starting from this central research gap, a systematic literature review has been developed to measure the sustainability in the agri-food sector and, based on these findings, to understand how indicators are used and for which specific purposes.

The analysis of the results allowed us to classify the sample of articles in three main clusters (“Assessment-LCA,” “Best practice,” and “Decision-making”) and has shown increasing attention to the three pillars of sustainability (triple bottom line). In this context, an integrated approach of indicators (environmental, social, and economic) offers the best solution to ensure an easier transition to sustainability.

Conclusions

The sample analysis facilitated the identification of new categories of impact that deserve attention, such as the cooperation among stakeholders in the supply chain and eco-innovation.

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Source: Authors’ elaboration. Notes: The graph shows the temporal distribution of the articles under analysis

Source: Authors’ elaborations. Notes: The graph shows the time distribution of articles from the three major journals

Source: Authors’ elaboration. Notes: The graph shows the composition of the sample according to the three clusters identified by the analysis

Source: Authors’ elaboration. Notes: The graph shows the distribution of articles over time by cluster

Source: Authors’ elaboration. Notes: The graph shows the network visualization

Source: Authors’ elaboration. Notes: The graph shows the overlay visualization

Source: Authors’ elaboration. Notes: The graph shows the classification of articles by scientific field

Source: Authors’ elaboration. Notes: Article classification based on their cluster to which they belong and scientific field

Source: Authors’ elaboration

Source: Authors’ elaboration. Notes: The graph shows the distribution of items over time based on TBL

Source: Authors’ elaboration. Notes: The graph shows the Pareto diagram highlighting the most used indicators in literature for measuring sustainability in the agri-food sector

Source: Authors’ elaboration. Notes: The graph shows the distribution over time of articles divided into conceptual and empirical

Source: Authors’ elaboration. Notes: The graph shows the classification of articles, divided into conceptual and empirical, in-depth analysis

Source: Authors’ elaboration. Notes: The graph shows the geographical distribution of the authors

Source: Authors’ elaboration. Notes: The graph shows the distribution of authors according to the continent from which they originate

Source: Authors’ elaboration. Notes: The graph shows the time distribution of publication of authors according to the continent from which they originate

Source: Authors’ elaboration. Notes: Sustainability measurement indicators and impact categories of LCA, S-LCA, and LCC tools should be integrated in order to provide stakeholders with best practices as guidelines and tools to support both decision-making and measurement, according to the circular economy approach

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Common Methods and Sustainability Indicators

Transition heuristic frameworks in research on agro-food sustainability transitions

Hamid El Bilali

Research on agro-food sustainability transitions: where are food security and nutrition?

Change history, 24 march 2022.

A Correction to this paper has been published: https://doi.org/10.1007/s11367-022-02038-9

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Silvestri, C., Silvestri, L., Piccarozzi, M. et al. Toward a framework for selecting indicators of measuring sustainability and circular economy in the agri-food sector: a systematic literature review. Int J Life Cycle Assess (2022). https://doi.org/10.1007/s11367-022-02032-1

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DOI : https://doi.org/10.1007/s11367-022-02032-1

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