ECONOMIC EFFECT OF IMPERFECT INFORMATION ON CONSERVATION DECISIONS

Krishna P. Paudel (kpaudel@agecon.uga.edu) and Luanne Lohr

No 96-21, Faculty Series from University of Georgia, Department of Agricultural and Applied Economics

Abstract: Cotton farmers in the Piedmont region incorrectly believe conservation systems with winter cover crop and no-till cultivation yield less than conventional systems. We model the effect of organic matter on productivity and show how ignoring this effect causes returns to be underestimated. Farmers with imperfect information underinvest in residue management.

Keywords: residue management; organic matter; productivity; comparative statics (search for similar items in EconPapers)
Date: 1996-12
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Working Paper: ECONOMIC EFFECT OF IMPERFECT INFORMATION ON CONSERVATION DECISIONS (1996)
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Persistent link: https://EconPapers.repec.org/RePEc:wop:geaafs:9621

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