The Value of Stabilizing Fertilizer under Carry-Over Conditions

Yen-Shong Chiao and Allan Gillingham

American Journal of Agricultural Economics, 1989, vol. 71, issue 2, 352-362

Abstract: This paper develops a dynamic programming model to examine the effects on yield and profitability of variability in spread of phosphate fertilizer under carry-over conditions and the value of technology which reduces this variability. The cost of uneven spread is high, if the plant-available soil phosphorus reserve is low. Therefore, the value of technology reducing variability in spread is high to farmers with less-developed land where soil phosphorus reserve is low. This value is also high to users of low carry-over fertilizers, i.e., nitrogen and potassium.

Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:71:y:1989:i:2:p:352-362.

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