Feinerman, Eli; Tsur, Yacov - In: Agricultural Economics 45 (2014) 6, pp. 757-766
Perennial crops require substantial initial investment in groundwork and planting, as well as a multiyear gestation period without commercial yield. Therefore, a crop's cycle (from planting to felling) should be long enough in order to cover the fixed cost and become profitable. The problem...