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Risk And Sustainable Agriculture: A Target-Motad Analysis Of The 92-Year "Old Rotation"

Author

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  • Novak, James L.
  • Mitchell, Charles C., Jr.
  • Crews, Jerry R.

Abstract

Target-MOTAD was used to assess the risks and returns of sustainable cotton crop rotations from Auburn University's 92-year "Old Rotation." Study results analyze rotations of continuous cotton, with and without winter legumes; two years of cotton-winter legumes-corn, with and without nitrogen fertilization; and three years of cotton-winter legumes-corn and rye-soybeans double-cropped. Ten years of observations on deviations from target income were used to identify optimal sustainable rotation(s). Study results suggest that diversification in rotations, as well as in crops, results in the least risk for a given level of target income.

Suggested Citation

  • Novak, James L. & Mitchell, Charles C., Jr. & Crews, Jerry R., 1990. "Risk And Sustainable Agriculture: A Target-Motad Analysis Of The 92-Year "Old Rotation"," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 22(01), July.
  • Handle: RePEc:ags:sojoae:29905
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    Cited by:

    1. Maynard, Leigh J. & Harper, Jayson K. & Hoffman, Lynn D., 1997. "Impact Of Risk Preferences On Crop Rotation Choice," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 26(1), April.
    2. repec:gam:jsusta:v:9:y:2017:i:5:p:719-:d:97214 is not listed on IDEAS
    3. Harris, Thomas R. & Seung, Chang K. & Narayanan, Rangesan, 2001. "Targeting Economic Diversification: An Application of Target MOTAD Procedures," The Review of Regional Studies, Southern Regional Science Association, vol. 31(2), pages 197-215, Fall.

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    Keywords

    Risk and Uncertainty;

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