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What are the financial returns to agriculture from a common property resource? A case study of Irish commonage
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Date
2008-07
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Buckley, C., van Rensburg, T. M., & Hynes, S. (2008). What are the Financial Returns to Agriculture from a Common Property Resource? A Case Study of Irish Commonage. Journal of Farm Management, 13(5), 1-15
Abstract
Commonage in the Republic of Ireland has traditionally been used for agricultural activity, mainly livestock grazing. In recent times due to its prevailing common property characteristics and upland landscape, this resource is increasingly attracting the interest of recreational enthusiasts. However, the potential opportunity costs associated with recreation – namely the commercial value of sheep and cattle grazing on commonage remains to be investigated. This paper aims to fill this gap in the literature by analysing the agricultural returns from livestock rearing enterprises on commonage land for a sample of farmers in the west of Ireland. Results indicate that stocking rates are three times higher on privately owned land compared to shared commonage. Over 80 per cent of the farms in the sample had a gross margin under €20,000. In total, 96 per cent of gross margin was found to be attributable to Common Agricultural Policy (CAP) payments; with area based payments twice as important as direct livestock subsidies.