Dynamic Optimization of Nitrogen in Plateau Cotton Yield Functions with Nitrogen Carryover Considerations
Chandra Dhakal,
Kelly Lange,
Megha N. Parajulee and
Eduardo Segarra
Journal of Agricultural and Applied Economics, 2019, vol. 51, issue 3
Abstract:
This study utilizes a dynamic programming decision model, considering an intertemporal nitrogen carryover function, combined with both linear stochastic and deterministic plateau response functions to evaluate optimal nitrogen fertilizer decision rules and net present values (NPVs) in Texas High Plains cotton production. Nitrogen recommendations and NPVs are influenced by response function choice and nitrogen-to-cotton price ratios. Results indicate the stochastic plateau function better describes the data; the optimum nitrogen recommendation is to apply approximately 40 lb. of nitrogen for each bale of cotton production when considering nitrogen carryover information.
Keywords: Crop; Production/Industries (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
https://ageconsearch.umn.edu/record/356530/files/d ... r-considerations.pdf (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:ags:joaaec:356530
DOI: 10.22004/ag.econ.356530
Access Statistics for this article
More articles in Journal of Agricultural and Applied Economics from Southern Agricultural Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().