The increasing water scarcity affects the agricultural sector, and it is a significant constraining factor for crop production in many areas of the world. Water resource management and use related to crop productivity is the most important factor in many crops. Since consumer demands healthy food, the nutritive quality and the active ingredient need to be considered within the productive issue. The objective of this study was to determine water technical efficiency related to seed yield and seed protein content and composition in quinoa (Chenopodium quinoa Willd.) under water stress using data envelopment analysis (DEA). The study was conducted in Chillan, Chile in two growing seasons. As water availability increased, seed yield, globulin, and albumin yield increased, particularly in the genotype Cahuil. The higher average efficiency levels for the DEA were 46.7% and 39.2% in Cahuil in both seasons at 20% available water (AW). The highest average efficiency of globulin yield was recorded in the same genotype (Cahuil). The highest multi-product technical efficiency levels in all input and output included in this study were observed in Cahuil, Regalona, and Morado under water scarcity in both seasons. In future studies related to crop management, DEA provides a good framework for estimating efficiency under restricted factors and multi-product results.
Upon seeing the forest valuation in a knowledge-based framework and, although there are studies that indicate how the Chilean forestry companies evaluate their forestry assets, existing information can be inferred only on large and medium-sized enterprises; in the case of small enterprises there are no tangible data to know what the method of valuation of its assets. To provide a critical assessment of the valuation methods commonly used for the valuation of forests, this paper has two objectives. First, to evaluate compatibility of valuation criteria based on the fair value method of the biological assets of forest companies after adopting the International Financial Reporting System (IFRS), and second, to establish a method for the proper use of IAS 41 (International Accounting Standard) in the forestry sector through case studies in Chile. Fair value was determined according to IAS 41, in an immature plantation (eight years) established with Pinus radiata, using the "cost approach" and the "income approach". The main findings suggest that the estimation of fair value using the "income approach" valuation method becomes more precise the younger the stand, i.e. calculating fair value based on the net present value of the stand, promises more accuracy. Nonetheless, the use of growth and yield simulation software for stands of exotic species, impede widespread use of this method. Results indicate the need to harmonize methodological criteria to measure fair value in crops of forest species.
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