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Rules For Optimal Fertilizer Carryover: An Alternative Explanation

  • Kennedy, John O.S.

A method of deriving rules for optimal fertilizer application when there is carryover is presented. The carryover situations considered are: carryover a deterministic function of fertilizer available in the previous period; carryover a deterministic function of fertilizer applied in more than one previous period; and carryover a stochastic function of fertilizer available in the previous period. The method of derivation is more direct than an inductive one previously presented. The rules are given an economic interpretation, and the gains from using them in practice are considered.

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File URL: http://purl.umn.edu/12580
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Article provided by Australian Agricultural and Resource Economics Society in its journal Review of Marketing and Agricultural Economics.

Volume (Year): 54 (1986)
Issue (Month): 02 (August)
Pages:

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Handle: RePEc:ags:remaae:12580
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  1. Kennedy, John O.S. & Whan, Ian F. & Jackson, R. & Dillon, John L., 1973. "Optimal Fertilizer Carryover And Crop Recycling Policies For A Tropical Grain Crop," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 17(02), August.
  2. John O.S. Kennedy & I.F. Whan & R. Jackson & John L. Dillon, 1973. "Optimal Fertilizer Carryover And Crop Recycling Policies For A Tropical Grain Crop," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 17(2), pages 104-113, 08.
  3. Anderson, Jock R., 1967. "Economic Interpretation of Fertilizer Response Data," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 35(01), March.
  4. Godden, David P. & Helyar, K.R., 1980. "An Alternative Method for Deriving Optimal Fertilizer Rates," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 48(02), August.
  5. Kennedy, John O.S., 1981. "An Alternative Method for Deriving Optimal Fertilizer Rates: Comment and Extension," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 49(03), December.
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