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Optimum Phosphorus Fertilization

Author

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  • Forster, D. Lynn

Abstract

A model is developed relating economic phosphorus fertilizer application rates to soil phosphorus content and crop and phosphate prices. Optimum rates are relatively low for soils with moderate to high phosphorus content. For most Corn Belt soils, phosphate fertilizer demand is price elastic.

Suggested Citation

  • Forster, D. Lynn, 1985. "Optimum Phosphorus Fertilization," 1985 Annual Meeting, August 4-7, Ames, Iowa 278669, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea85:278669
    DOI: 10.22004/ag.econ.278669
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    File URL: https://ageconsearch.umn.edu/record/278669/files/aaea-1985-105.pdf
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    References listed on IDEAS

    as
    1. Tesfatsion, Leigh, 1980. "Global and approximate global optimality of myopic economic decisions," Journal of Economic Dynamics and Control, Elsevier, vol. 2(1), pages 135-160, May.
    2. M. S. Stauber & Oscar R. Burt & Fred Linse, 1975. "An Economic Evaluation of Nitrogen Fertilization of Grasses When Carry-over is Significant," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 57(3), pages 463-471.
    3. Day, Richard H & Morley, Samuel A & Smith, Kenneth R, 1974. "Myopic Optimizing and Rules of Thumb in a Micro-Model of Industrial Growth," American Economic Review, American Economic Association, vol. 64(1), pages 11-23, March.
    4. Richard K. Perrin, 1976. "The Value of Information and the Value of Theoretical Models in Crop Response Research," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 58(1), pages 54-61.
    5. Edgar A. Lanzer & Quirino Paris, 1981. "A New Analytical Framework for the Fertilization Problem," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 63(1), pages 93-103.
    Full references (including those not matched with items on IDEAS)

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