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SPATIAL v. TIME-SERIES DATA FOR ASSESSING RESPONSE RISK

Author

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  • Watson, W.D.
  • Anderson, Jock R.

Abstract

A small case study of published data on response of dryland wheat to nitrogen fertilizer reveals that replication over space apparently substitutes rather poorly for replication over time, in estimating variance of yield conditional on level of fertilizer.

Suggested Citation

  • Watson, W.D. & Anderson, Jock R., 1977. "SPATIAL v. TIME-SERIES DATA FOR ASSESSING RESPONSE RISK," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 45(03), pages 1-5, September.
    • Handle: RePEc:ags:remaae:9118
    DOI: 10.22004/ag.econ.9118
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    References listed on IDEAS

    as
    1. Richard H. Day, 1965. "Probability Distributions of Field Crop Yields," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 47(3), pages 713-741.
    2. Anderson, Jock R., 1974. "Risk Efficiency in the Interpretation of Agricultural Production Research," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 42(03), pages 1-54, September.
    3. Anderson, Jock R. & Dillon, John L. & Hardaker, Brian, 1977. "Agricultural Decision Analysis," Monographs: Applied Economics, AgEcon Search, number 288652, July.
    4. Anderson, Jock R. & Feder, Gershon, 2007. "Agricultural Extension," Handbook of Agricultural Economics, in: Robert Evenson & Prabhu Pingali (ed.), Handbook of Agricultural Economics, edition 1, volume 3, chapter 44, pages 2343-2378, Elsevier.
    5. Rothschild, Michael & Stiglitz, Joseph E., 1970. "Increasing risk: I. A definition," Journal of Economic Theory, Elsevier, vol. 2(3), pages 225-243, September.
    6. D. Colyer, 1969. "Fertilization Strategy Under Uncertainty," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 17(3), pages 144-149, November.
    7. C. Perry & I. D. Greig, 1975. "Estimating the Mean and Variance of Subjective Distributions in PERT and Decision Analysis," Management Science, INFORMS, vol. 21(12), pages 1477-1480, August.
    8. John P. Doll, 1972. "A Comparison of Annual Versus Average Optima for Fertilizer Experiments," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 54(2), pages 226-233.
    9. Jock R. Anderson, 1973. "Sparse Data, Climatic Variability, and Yield Uncertainty in Response Analysis," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 55(1), pages 77-82.
    10. Alain De Janvry, 1972. "Optimal Levels of Fertilization Under Risk: The Potential for Corn and Wheat Fertilization Under Alternative Price Policies in Argentina," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 54(1), pages 1-10.
    11. Jock R. Anderson, 1974. "Sparse Data, Estimational Reliability, and Risk-Efficient Decisions," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 56(3), pages 564-572.
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