Certainty Equivalent Farm Returns from Bt and Non-Bt Cotton

Banerjee, Swagata (Ban) and Steven W. Martin

No 35383, 2006 Annual Meeting, February 5-8, 2006, Orlando, Florida from Southern Agricultural Economics Association

Abstract: Annual mean returns and certainty equivalent returns for 1983-2003 were calculated for specified non-Bt cotton (refuge) percentages for a cotton farm of average size in the Mississippi Delta. Certainty equivalents indicate sprays influence mean profits more than the percentage of refuge in a cotton producer's portfolio. This supports an earlier study where returns calculated from both observed and simulated yields indicated, for any given refuge percentage, mean returns were higher with less risk when insecticides were sprayed compared to no insecticide sprays.

Keywords: Farm; Management (search for similar items in EconPapers)
Pages: 8
Date: 2006
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/35383/files/sp06ba09.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:saeaso:35383

DOI: 10.22004/ag.econ.35383

Access Statistics for this paper

More papers in 2006 Annual Meeting, February 5-8, 2006, Orlando, Florida from Southern Agricultural Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().