Laser leveling: a private investment analysis

John Daubert and Harry Ayer

No 291686, WAEA/ WFEA Conference Archive (1929-1995) from Western Agricultural Economics Association

Abstract: Laser leveling farmland is a profitable water savings technology in many areas of the West. Capital cost, irrigation field efficiencies, potential yield increase, energy prices, planning horizon, and the future ft certainty of federal cost-sharing programs significantly affect the decision to laser. If federal programs continue,farmers also need to decide how fast to laser their farms, since payments are a function of time along with acres lasered. Given existing water costs for a typical farm in Arizona and federal subsidies, the farmer should laser part of the farm each year over a ten year period

Keywords: Financial Economics; Agricultural and Food Policy (search for similar items in EconPapers)
Pages: 24
Date: 1981-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:waeaar:291686

DOI: 10.22004/ag.econ.291686

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