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A Comparison of Annual Versus Average Optima for Fertilizer Experiments

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  • John P. Doll

Abstract

Seven annual production functions estimating corn response to applied nitrogen and plant population were derived for three locations in Missouri. Annual optima varied widely about input amounts that maximized average profits for the seven-year period but, except for extreme cases, resulting average profits differed little from the maximum average profit.

Suggested Citation

  • John P. Doll, 1972. "A Comparison of Annual Versus Average Optima for Fertilizer Experiments," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 54(2), pages 226-233.
    • Handle: RePEc:oup:ajagec:v:54:y:1972:i:2:p:226-233.
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    File URL: http://hdl.handle.net/10.2307/1238705
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    Cited by:

    1. Kennedy, John O.S., 1986. "Rules For Optimal Fertilizer Carryover: An Alternative Explanation," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 54(02), pages 1-8, August.
    2. Mark W. Rosegrant & James A. Roumasset, 1985. "The Effect Of Fertiliser On Risk: A Heteroscedastic Production Function With Measurable Stochastic Inputs," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 29(2), pages 107-121, August.
    3. Chai, Yuan & J. Pannell, David & G. Pardey, Philip, 2023. "Nudging farmers to reduce water pollution from nitrogen fertilizer," Food Policy, Elsevier, vol. 120(C).
    4. Byerlee, Derek & Heisey, Paul, 1987. "On the Economics of Adaptive Research in Developing Country Agriculture," 1987 Annual Meeting, August 2-5, East Lansing, Michigan 270133, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    5. Chai, Yuan & Pannell, David J. & Pardey, Philip G., 2022. "Reducing Water Pollution from Nitrogen Fertilizer: Revisiting Insights from Production Economics," Staff Papers 320519, University of Minnesota, Department of Applied Economics.
    6. Throsby, C.D., 1973. "New Methodologies in Agricultural Production Economics: a Review," 1973 Conference, August 19-30, 1973, São Paulo, Brazil 181385, International Association of Agricultural Economists.
    7. Watson, W.D. & Anderson, Jock R., 1977. "SPATIAL v. TIME-SERIES DATA FOR ASSESSING RESPONSE RISK," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 45(03), pages 1-5, September.

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