VALUE OF SOIL TEST INFORMATION FOR CROP PRODUCTION

Vladimir Lukin and Francis Epplin ()

No 21586, 1999 Annual meeting, August 8-11, Nashville, TN from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: This study was conducted to determine the value of independent and joint nitrogen and phosphorus soil tests. Generalized stochastic dominance was used to estimate the value of information. Combined information from both the nitrogen and phosphorus tests was substantially more valuable than the knowledge of only one of the tests.

Keywords: Crop Production/Industries; Land Economics/Use (search for similar items in EconPapers)
Pages: 16
Date: 1999
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea99:21586

DOI: 10.22004/ag.econ.21586

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