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Risk-Return Assessment Of Irrigation Decisions In Humid Regions

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  • Boggess, William G.
  • Lynne, Gary D.
  • Jones, James W.
  • Swaney, D.P.

Abstract

The environment for decision-making at the farm-firm level has always been volatile, but particularly so in recent years. Product prices have seen wide fluctuations, due in part to a reduced emphasis on farm-price support programs and more reliance on world markets. Input prices, especially those that are energy related (fertilizers, chemicals, fuels), have also increased in an erratic manner in recent years.
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Suggested Citation

  • Boggess, William G. & Lynne, Gary D. & Jones, James W. & Swaney, D.P., 1983. "Risk-Return Assessment Of Irrigation Decisions In Humid Regions," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 15(01), pages 1-9, July.
    • Handle: RePEc:ags:sojoae:30246
    DOI: 10.22004/ag.econ.30246
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    References listed on IDEAS

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    1. Oscar R. Burt & Robert M. Finley, 1968. "Statistical Analysis of Identities in Random Variables," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 50(3), pages 734-744.
    2. repec:ags:agsaem:288652 is not listed on IDEAS
    3. Harris, Thomas R. & Mapp, Harry P., Jr., 1980. "A Control Theory Approach To Optimal Irrigation Scheduling In The Oklahoma Panhandle," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 12(01), pages 1-7, 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. Harris, Thomas R. & Mapp, Harry p. Jr., 1980. "Qptimal Scheduling Of Irrigation By Control Theory: Oklahoma Panhandle," 1980 Annual Meeting, July 27-30, Urbana-Champaign, Illinois 278992, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    6. Gowon, Dawuda T. & Andersen, Jay C. & Biswas, Basudeb, 1978. "An Economic Interpretation Of Impact Of Phenologically Timed Irrigation On Corn Yield," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 3(2), pages 1-12, December.
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    Cited by:

    1. Tew, Bernard V. & Musser, Wesley N. & Smith, G. Scott, 1988. "Using Non-Contemporaneous Data To Specify Risk Programming Models," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 17(01), pages 1-6, April.
    2. Wetzstein, Michael E. & Musser, Wesley N. & McClendon, Ronald W. & Edwards, David M., 1990. "A Case Study of Timeliness in the Selection of Risk-Efficient Machinery Complements," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 22(2), pages 165-177, December.
    3. Boggess, William G. & Anaman, Kwabena A. & Hanson, Gregory D., 1985. "Importance, Causes, And Management Responses To Farm Risks: Evidence From Florida And Alabama," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 17(2), pages 1-12, December.
    4. Holt, John, "undated". "Remarks About Research On Risk Management Strategies For Agricultural Production Firms," 1983: S-180 Annual Meeting, March 28-30, 1983, San Antonio, Texas 271578, Regional Research Projects > S-180: Risk Management Strategies for Agricultural Production Firms: Perspectives and Research Issues.
    5. Teklewold, Hailemariam & Mekonnen, Alemu, 2020. "Weather at Different Growth Stages, Multiple Climate Smart Practices and Farm Level Risks: Panel Data Evidence from the Nile Basin of Ethiopia," EfD Discussion Paper 20-4, Environment for Development, University of Gothenburg.
    6. Bosch, Darrell & Eidman, Vernon, 1985. "The Value Of Soil Water And Weather Information In Increasing Irrigation Efficiency," Regional Research Projects > 1985: S-180 Annual Meeting, March 24-27, 1985, Charleston, South Carolina 271806, Regional Research Projects > S-180: An Economic Analysis of Risk Management Strategies for Agricultural Production Firms.
    7. Boyer, Christopher N. & Larson, James A. & Roberts, Roland K. & McClure, Angela T. & Tyler, Donald D., 2014. "The impact of field size and energy cost on the profitability of supplemental corn irrigation," Agricultural Systems, Elsevier, vol. 127(C), pages 61-69.
    8. Musser, Wesley N. & Tew, Bernard V., 1984. "Use Of Biophysical Simulation In Production Economics," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 16(01), pages 1-10, July.
    9. Tew, Bernard V. & Reid, Donald W., 1988. "Probability Distributions Of Crop Prices, Yields, And Gross Revenue," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 17(2), pages 1-7, October.
    10. Vandeveer, Lonnie R. & Paxton, Kenneth W. & Lavergne, David R., 1989. "Irrigation And Potential Diversification Benefits In Humid Climates," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 21(2), pages 1-8, December.
    11. Boggess, William G., 1984. "Risk Aspects of Irrigation Decisions," Regional Research Projects >1984: S-180 Annual Meeting, March 25-28, 1984, New Orleans, Louisiana 307237, Regional Research Projects > S-180: An Economic Analysis of Risk Management Strategies for Agricultural Production Firms.
    12. Tew, Bernard V. & Boggess, William G., 1984. "Risk-Return Assessment Of Irrigation Decisions In Humid Regions: An Extension," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 16(2), pages 1-2, December.
    13. Boyer, Christopher N. & Larson, James A. & Roberts, Roland K. & McClure, Angela T. & Tyler, Donald D. & Smith, S. Aaron, "undated". "Probability of Irrigated Corn Being Profitable in a Humid Region," 2014 Annual Meeting, February 1-4, 2014, Dallas, Texas 162470, Southern Agricultural Economics Association.
    14. Lynne, Gary D. & Boggess, William G. & Portier, Kenneth M., 1984. "Irrigation Water Supply As A Bioeconomic Process," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 16(2), pages 1-10, December.
    15. Griffin, Ronald C. & Rister, M. Edward & Parker, Michael R. & McCauley, Garry N., 1988. "Economic Prospects for Sprinkle Irrigating Rice in Texas," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 20(1), pages 103-117, July.
    16. Boggess, William G. & Amerling, C.B., 1983. "A Bioeconomic Simulation Analysis Of Irrigation Investments," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 15(2), pages 1-7, December.
    17. Hatch, L. Upton & Hardy, William E., Jr. & Rochester, Eugene W. & Johnson, Gregory C., 1985. "Optimal Irrigation Pivot Location On Irregularly Shaped Fields," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 17(2), pages 1-8, December.
    18. Bernardo, Daniel J., 1988. "The Effect Of Spatial Variability Of Irrigation Applications On Risk-Efficient Irrigation Strategies," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 20(01), pages 1-10, July.
    19. Hornbaker, Robert H. & Mapp, Harry P., Jr., 1988. "A Dynamic Analysis Of Water Savings From Advanced Irrigation Technology," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 13(2), pages 1-9, December.
    20. Dillon, Carl R. & Mjelde, James W. & McCarl, Bruce A., 1989. "Biophysical Simulation In Support Of Crop Production Decisions: A Case Study In The Blacklands Region Of Texas," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 21(01), pages 1-14, July.
    21. Watkins, K. Bradley & Mapp, Harry, 1992. "A Risk and Water Quality Analysis of Alternative Irrigation Technologies Under Different Irrigation Management Strategies," WAEA/ WFEA Conference Archive (1929-1995) 321394, Western Agricultural Economics Association.
    22. Perry, Gregory M. & Rister, M. Edward & Richardson, James W. & Bessler, David A., 1989. "Incorporating Government Program Provisions Into A Mean-Variance Framework," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 21(2), pages 1-11, December.

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