IDEAS home Printed from https://ideas.repec.org/a/mth/jas888/v9y2021i2p151-170.html
   My bibliography  Save this article

Optimality Conditions of Agricultural Production With Fixed Input Costs

Author

Listed:
  • Angel Ramon Sanchez Delgado
  • Sergio Drumond Ventura

Abstract

We present a computational procedure to maximize the production of a given agricultural crop with limited inputs (water-nitrogen), and where a fixed cost (or expense) of the inputs (general problem of agricultural production) is imposed. Theoretically the procedure is based on the Karush-Kuhn-Tucker optimality conditions and numerically was tested with three different scenarios defined in the literature, for the cultures- Lettuce, Oats, Onions and Melons. In each agricultural scenario considered, it was possible to verify that the procedure is a reliable alternative in making agribusiness economic decisions.

Suggested Citation

  • Angel Ramon Sanchez Delgado & Sergio Drumond Ventura, 2021. "Optimality Conditions of Agricultural Production With Fixed Input Costs," Journal of Agricultural Studies, Macrothink Institute, vol. 9(2), pages 151-170, June.
    • Handle: RePEc:mth:jas888:v:9:y:2021:i:2:p:151-170
    as

    Download full text from publisher

    File URL: http://www.macrothink.org/journal/index.php/jas/article/download/18389/14250
    Download Restriction: no
    File URL: http://www.macrothink.org/journal/index.php/jas/article/view/18389
    Download Restriction: no
    ---><---

    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mth:jas888:v:9:y:2021:i:2:p:151-170. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Technical Support Office (email available below). General contact details of provider: http://www.macrothink.org/journal/index.php/jas .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.