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We develop a real option model of the irreversible native grassland conversion decision. Upon plowing, native grassland can be followed by either a permanent cropping system or a system in which land is put under cropping (respectively, grazing) whenever crop prices are high (respectively, low)....
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In order to combat adverse effects of farmland degradation it is necessary for farmers to adopt sustainable land management and conservation strategies like intercropping and conservation tillage. However, efforts to adopt these strategies are very minimal in Ethiopia. In an attempt to address...
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Three tillage systems: conventional tillage, ridge tillage and notillage are evaluated using stochastic dominance with respect to a function analysis. Each tillage system is evaluated for three cropping patterns: continuous grain sorghum, continuous soybeans, and soybeans after grain sorghum....
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The total factor productivity index for u.s. wheat was 1.5% per year between 1974 and 1983. The conservation tillage productivity index for u.s. wheat was about 1.1% per year during this time period, or about 75% of the T.F.P. North Dakota and Washington were equal in competitive advantage in...
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