The Economics of Mining Soil Fertility: A Dynamic Modeling Approach

Patrick A. Jomini and J. Lowenberg-DeBoer

No 269956, 1987 Annual Meeting, August 2-5, East Lansing, Michigan from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Conditions are identified under which soil fertility depletion may be a desirable management practice. Dynamic programming is used to · evaluate strategies based on extension recom~endations. Fertility mining is advisable when input prices are expected to fall, capital is constraining or output prices or tax rates are expected to rise.

Keywords: Agricultural and Food Policy; Land Economics/Use (search for similar items in EconPapers)
Pages: 15
Date: 1987-08-02
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea87:269956

DOI: 10.22004/ag.econ.269956

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