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David L. Purcell, Steven C. Turner, Jack E. Houston and Charles R. Hall

Journal of Agricultural and Applied Economics, 1993, vol. 25, issue 2, 14

Abstract: The ornamental horticultural industry continues to be one of the most rapidly expanding sectors in agriculture. This study examined a decision model for landscape plant production based on portfolio analysis. A quadratic programming model was developed to generate an optimal crop portfolio for a selected southeastern nursery. Empirical results indicate opportunities exist for modest diversification to offset income variability in landscape plant production and marketing.

Keywords: Crop Production/Industries; Demand and Price Analysis (search for similar items in EconPapers)
Date: 1993
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DOI: 10.22004/ag.econ.15039

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