دورية أكاديمية
Sequential Investment in Site-Specific Crop Management under Output Price Uncertainty
| العنوان: | Sequential Investment in Site-Specific Crop Management under Output Price Uncertainty |
|---|---|
| المؤلفون: | Murat Isik, Madhu Khanna, Alex Winter-Nelson |
| المصدر: | Journal of Agricultural and Resource Economics, Vol 26, Iss 1, Pp 212-229 (2001) |
| بيانات النشر: | Western Agricultural Economics Association, 2001. |
| سنة النشر: | 2001 |
| المجموعة: | LCC:Agriculture |
| مصطلحات موضوعية: | agricultural technologies, cost-share subsidy, nitrogen pollution, option value, price uncertainty, spatial variability, Agriculture |
| الوصف: | An option-value model is developed to analyze the impacts of output price uncertainty, high sunk costs of adoption, and site-specific conditions on the optimal timing of adoption of two interrelated site-specific technologies, soil testing and variable rate technology (VRT). The model incorporates the potential for adopting these two technologies jointly or sequentially. The implications of the pattern of adoption for nitrogen pollution and for the design of a cost-share subsidy policy to accelerate the adoption of these technologies to reduce nitrogen pollution are also analyzed. Ignoring the potential for sequential adoption would tend to underpredict the adoption so soil testing and overpredict the adoption of VRT. Cost-share subsidies to induce accelerated adoption of VRT would be most effective at reducing nitrogen pollution if targeted toward fields with relatively high spatial variability in soil quality or soil fertility, and either low average soil quality or low average soil fertility. |
| نوع الوثيقة: | article |
| وصف الملف: | electronic resource |
| اللغة: | English |
| تدمد: | 1068-5502 2327-8285 |
| Relation: | https://ageconsearch.umn.edu/record/31161; https://doaj.org/toc/1068-5502; https://doaj.org/toc/2327-8285 |
| DOI: | 10.22004/ag.econ.31161 |
| URL الوصول: | https://doaj.org/article/670d8e382cf240c78d5d503966463b24 |
| رقم الأكسشن: | edsdoj.670d8e382cf240c78d5d503966463b24 |
| قاعدة البيانات: | Directory of Open Access Journals |
Full Text Finder | تدمد: | 10685502 23278285 |
|---|---|
| DOI: | 10.22004/ag.econ.31161 |