THE INFLUENCE OF TECHNOLOGICAL PROGRESS ON THE LONG-RUN SOCIAL RETURNS TO SOIL CONSERVATION'
Douglas Young and
No 279429, 1981 Annual Meeting, July 26-29, Clemson, South Carolina from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
Appropriate multiplicative interaction between technological progress and yield-topsoil functions was incorporated in a systems simulation model projecting Palouse topsoil levels, crop yields, and net incomes. Results revealed high payoff to soil conservation on shallow soils and for longer planning horizons. Yield projections were more optimistic than farmers' subjective projections.
Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea81:279429
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