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The Profitability of Sustainable Agriculture on a Representative Grain Farm in the Mid-Atlantic Region, 1981–89: Comment

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  • Roberts, Wayne S.
  • Swinton, Scott M.

Abstract

A long term whole farm analysis comparing conventional and low-input farming systems is reviewed. A computational error led to the mistaken conclusion that conventional farming with government programs is less preferred by risk-averse farmers than the low input alternative. The greater income variance of conventional agriculture need not make it less preferred provided a higher mean income sufficiently offsets the higher variance.

Suggested Citation

  • Roberts, Wayne S. & Swinton, Scott M., 1995. "The Profitability of Sustainable Agriculture on a Representative Grain Farm in the Mid-Atlantic Region, 1981–89: Comment," Agricultural and Resource Economics Review, Cambridge University Press, vol. 24(1), pages 136-137, April.
    • Handle: RePEc:cup:agrerw:v:24:y:1995:i:01:p:136-137_00
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    References listed on IDEAS

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    1. Robison, Lindon J. & Colyer, Dale, 1994. "Reflections On Relevance Of Professional Journals," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 26(1), pages 1-16, July.
    2. Kent D. Olson & Vernon R. Eidman, 1992. "A Farmer's Choice of Weed Control Method and the Impacts of Policy and Risk," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 14(1), pages 125-137.
    3. John T. Scott & Chester B. Baker, 1972. "A Practical Way to Select an Optimum Farm Plan Under Risk," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 54(4_Part_1), pages 657-660.
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