Showing 1 - 10 of 11
Salinity and drainage management options include source control, reuse, and evaporation ponds. This article identifies efficient strategies to maintain hydrologic balance in closed drainage basins and evaluates their impact on regional agricultural profits. Theoretical analysis suggests that...
Persistent link: https://www.econbiz.de/10009397595
Salinity and drainage management options include source control, reuse, and evaporation ponds. This article identifies efficient strategies to maintain hydrologic balance in closed drainage basins and evaluates their impact on regional agricultural profits. Theoretical analysis suggests that...
Persistent link: https://www.econbiz.de/10005291123
Dynamic optimization of crop production with nonuniform irrigation and nitrogen carryover and leaching is considered. A production function system with thresholds, plateau maximum, and yield reduction is estimated from experimental data; rapid convergence to a steady-state is observed. Spatial...
Persistent link: https://www.econbiz.de/10009394042
Dynamic optimization of crop production with nonuniform irrigation and nitrogen carryover and leaching is considered. A production function system with thresholds, plateau maximum, and yield reduction is estimated from experimental data; rapid convergence to a steady-state is observed. Spatial...
Persistent link: https://www.econbiz.de/10005684071
This article proposes a proactive approach for analyzing agricultural adaptation to climate change wherein agricultural production technologies are regarded as potential targets of research and development (R&D) efforts. We develop a structural land-use model wherein farmers maximize profit by...
Persistent link: https://www.econbiz.de/10010600486
Persistent link: https://www.econbiz.de/10012272250
We develop a dynamic model of technology adoption that generalizes previous literature by incorporating technology age, reversible investment, variable inputs and outputs, and stochastic prices. The model is calibrated for irrigated cotton production in California. Optimal investment exhibits a...
Persistent link: https://www.econbiz.de/10009397451
We consider resource management with recursive preferences. These generalize expected utility while eliminating some well-known difficulties. Monotonicity and convergence properties of optimal decision rules are established using lattice programming methods. Empirical applications are rangeland...
Persistent link: https://www.econbiz.de/10009397779
In this article, we show how the degree of risk aversion, discounting, and preference for intertemporal substitution for a natural resource manager can be structurally estimated within a recursive utility framework. We focus on the management of a reservoir in California, and test the data for...
Persistent link: https://www.econbiz.de/10009398234
In this article, we show how the degree of risk aversion, discounting, and preference for intertemporal substitution for a natural resource manager can be structurally estimated within a recursive utility framework. We focus on the management of a reservoir in California, and test the data for...
Persistent link: https://www.econbiz.de/10005295265