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Rules For Optimal Fertilizer Carryover: An Alternative Explanation

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  • Kennedy, John O.S.

Abstract

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.

Suggested Citation

  • Kennedy, John O.S., 1986. "Rules For Optimal Fertilizer Carryover: An Alternative Explanation," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 54(02), August.
  • Handle: RePEc:ags:remaae:12580
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    File URL: http://purl.umn.edu/12580
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    References listed on IDEAS

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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. 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.
    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.
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    Cited by:

    1. Jomini, Patrick A. & Deuson, Robert R. & Lowenberg-DeBoer, J. & Bationo, Andre, 1991. "Modelling stochastic crop response to fertilisation when carry-over matters," Agricultural Economics of Agricultural Economists, International Association of Agricultural Economists, vol. 6(2), December.
    2. Kennedy, John O. S., 1988. "Principles of dynamic optimization in resource management," Agricultural Economics, Blackwell, vol. 2(1), pages 57-72, June.
    3. Segarra, Eduardo & Ethridge, Don E. & Deussen, Curtis R. & Onken, Arthur B., 1989. "Nitrogen Carry-Over Impacts In Irrigated Cotton Production, Southern High Plains Of Texas," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 14(02), December.
    4. Zhou, Xia “Vivian” & Clark, Christopher D. & Lambert, Dayton M. & English, Burton C. & Larson, James A. & Boyer, Christopher N., 2015. "Biomass supply and nutrient runoff abatement under alternative biofuel feedstock production subsidies," Agricultural Systems, Elsevier, vol. 139(C), pages 250-259.
    5. Wegener, Malcolm Keith, 1995. "Modelling studies in the Australian sugar industry," Dissertations-Doctoral 253208, AgEcon Search.
    6. Woodward, Simon J.R., 1996. "A Dynamic Nutrient Carryover Model for Pastoral Soils and its Application to Optimising Fertiliser Allocation to Several Blocks with a Cost Constraint," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 64(01), April.

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    Keywords

    Crop Production/Industries;

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