IDEAS home Printed from https://ideas.repec.org/p/ags/ugeofs/16677.html
   My bibliography  Save this paper

Dynamic Economic Analysis Of A Residue Management System In Cotton

Author

Listed:
  • Paudel, Krishna P.
  • Lohr, Luanne

Abstract

Residue management system (RMS), comprised of no till cultivation, a winter cover crop, and poultry litter, could be an alternative to existing management system in cotton production in the Georgian Piedmont. We compare the productivity and profitability of RMS with the current system over time, focusing on the role of organic matter. Using dynamic bioeconomic modelling technique, we show that the net return and land value difference between these two systems increase as the terminal period increases. We conclude that if financial and capital markets based on organic matter work efficiently, farmers will choose RMS in cotton production.

Suggested Citation

  • Paudel, Krishna P. & Lohr, Luanne, 1998. "Dynamic Economic Analysis Of A Residue Management System In Cotton," Faculty Series 16677, University of Georgia, Department of Agricultural and Applied Economics.
    • Handle: RePEc:ags:ugeofs:16677
    DOI: 10.22004/ag.econ.16677
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/16677/files/fs9806.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.16677?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Renan U. Goetz, 1997. "Diversification in Agricultural Production: A Dynamic Model of Optimal Cropping to Manage Soil Erosion," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(2), pages 341-356.
    2. John A. Miranowski, 1984. "Impacts of Productivity Loss on Crop Production and Management in a Dynamic Economic Model," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 66(1), pages 61-71.
    3. Kenneth E. McConnell, 1983. "An Economic Model of Soil Conservation," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 65(1), pages 83-89.
    4. Miranowski, John, 1984. "Impacts of Productivity Loss on Crop Production and Management in a Dynamic Economic Model," Staff General Research Papers Archive 10708, Iowa State University, Department of Economics.
    5. Oscar R. Burt, 1981. "Farm Level Economics of Soil Conservation in the Palouse Area of the Northwest," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 63(1), pages 83-92.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ekbom, Anders & Brown, Gardner M. & Sterner, Thomas, 2009. "Muddy Waters: Soil Erosion and Downstream Externalities," Working Papers in Economics 341, University of Gothenburg, Department of Economics.
    2. Paudel, Krishna P. & Lohr, Luanne, 1998. "Dynamic Analysis Of A Residue Management System In Cotton," 1998 Annual meeting, August 2-5, Salt Lake City, UT 20794, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Goetz, Renan, 1995. "Diversification and Sustainable Agricultural Production-The Case of Soil Erosion," CUDARE Working Papers 201477, University of California, Berkeley, Department of Agricultural and Resource Economics.
    4. Smith, Elwin G. & Lerohl, Mel L. & Messele, Teklay, 1999. "Optimum Soil Quality Attribute Levels And Values," 1999 Annual Meeting, July 11-14, 1999, Fargo, ND 35697, Western Agricultural Economics Association.
    5. J. Salerian, 1989. "Application of an Economic Model to Dryland Soil Salinity in Western Australia," Economics Discussion / Working Papers 89-25, The University of Western Australia, Department of Economics.
    6. Renan Goetz & David Zilberman, 1995. "Mining the soil: Agricultural production system on peatland," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 6(2), pages 119-138, September.
    7. Brady, Mark & Hedlund, Katarina & Cong, Rong-Gang & Hemerik, Lia & Hotes, Stefan & Machado, Stephen & Mattsson, Lennart & Schulz, Elke & Thomsen, Ingrid K., 2015. "Valuing Supporting Soil Ecosystem Services in Agriculture: a Natural Capital Approach," MPRA Paper 112303, University Library of Munich, Germany.
    8. Amrita Chatterjee & Arpita Ghose, 2015. "A Dynamic Economic Model of Soil Conservation Involving Genetically Modified Crop," Working Papers id:6623, eSocialSciences.
    9. Hertzler, Greg & Barton, John, 1992. "Dynamic Model of Dryland Salinity Abatement," Discussion Papers 232285, University of Western Australia, School of Agricultural and Resource Economics.
    10. Gary R. Vieth & Herath Gunatilake & Linda J. Cox, 2001. "Economics of Soil Conservation: The Upper Mahaweli Watershed of Sir Lanka," Journal of Agricultural Economics, Wiley Blackwell, vol. 52(1), pages 139-152, January.
    11. Passmore, J.G. & Brown, Colin G., 1991. "Analysis Of Rangeland Degradation Using Stochastic Dynamic Programming," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 35(2), pages 1-27, August.
    12. Smith, Elwin G. & Lerohl, Mel L. & Messele, Teklay & Janzen, H. Henry, 2000. "Soil Quality Attribute Time Paths: Optimal Levels And Values," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 25(1), pages 1-18, July.
    13. Ananda, Jayanath & Herath, Gamini & Chisholm, Anthony H., 2001. "Determination of yield and erosion damage functions using subjectively elicited data: application to smallholder tea in Sri Lanka," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 45(2), pages 1-15.
    14. Hoag, Dana L., 1998. "The intertemporal impact of soil erosion on non-uniform soil profiles: A new direction in analyzing erosion impacts," Agricultural Systems, Elsevier, vol. 56(4), pages 415-429, April.
    15. Coxhead, Ian A. & Demeke, Bayou, 2006. "Modeling Spatially Differentiated Environmental Policy in a Philippine Watershed: Tradeoffs between Environmental Protection and Poverty Reduction," 2006 Annual meeting, July 23-26, Long Beach, CA 21115, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    16. Lakshminarayan, P. G. & Atwood, J. D. & Johnson, Stanley R. & Sposito, V. A., 1991. "Compromise Solution for Economic-Environmental Decisions in Agriculture," Staff General Research Papers Archive 375, Iowa State University, Department of Economics.
    17. Gilles Lafforgue & Walid Oueslati, 2007. "Optimal soil management and environmental policy," Economics Bulletin, AccessEcon, vol. 17(3), pages 1-10.
    18. Amrita Chatterjee & Arpita Ghose, 2016. "A dynamic economic model of soil conservation and drought tolerance involving genetically modified crops," Journal of Social and Economic Development, Springer;Institute for Social and Economic Change, vol. 18(1), pages 40-66, October.
    19. Yirga, Chillot & Hassan, Rashid M., 2010. "Social costs and incentives for optimal control of soil nutrient depletion in the central highlands of Ethiopia," Agricultural Systems, Elsevier, vol. 103(3), pages 153-160, March.
    20. Amrita Chatterjee & Arpita Ghose, 2015. "A Dynamic Economic Model of Soil Conservation Involving Genetically Modified Crop," Working Papers 2015-096, Madras School of Economics,Chennai,India.

    More about this item

    Keywords

    Crop Production/Industries;

    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:ags:ugeofs:16677. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/daugaus.html .

    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.