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A Dynamic Model For Determining Optimal Range Improvement Programs

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  • Bernardo, Daniel J.

Abstract

A Markov chain dynamic programming model is presented for determining optimal range improvement strategies as well as accompanying livestock production practices. The model specification focuses on the improved representation of rangeland dynamics and livestock response under alternative range conditions. The model is applied to range management decision making in the Cross Timbers Region of central Oklahoma. Results indicate that tebuthiuron treatments are economically feasible over the range of treatment costs evaluated. Optimal utilization of forage production following a treatment requires the conjunctive employment of prescribed burning and variable stocking rates over the treatment's life.

Suggested Citation

  • Bernardo, Daniel J., 1989. "A Dynamic Model For Determining Optimal Range Improvement Programs," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 14(2), pages 1-12, December.
    • Handle: RePEc:ags:wjagec:32358
    DOI: 10.22004/ag.econ.32358
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    References listed on IDEAS

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    1. Larry Karp & Arden Pope III, 1984. "Range Management under Uncertainty," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 66(4), pages 437-446.
    2. Pope, C. Arden, III & McBryde, Gary L., 1984. "Optimal Stocking Of Rangeland For Livestock Production Within A Dynamic Framework," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 9(01), pages 1-10, July.
    3. Brorsen, B. Wade & Walker, Odell L. & Horn, Gerald W. & Nelson, Ted R., 1983. "A Stocker Cattle Growth Simulation Model," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 15(1), pages 115-122, July.
    4. William E. Martin, 1972. "More Sophisticated Tools for Less Important Problems: The History of Rance Improvement Research: A Comment," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 54(1), pages 132-134.
    5. Oscar R. Burt & John R. Allison, 1963. "Farm Management Decisions With Dynamic Programming," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 45(1), pages 121-136.
    6. Oscar R. Burt, 1971. "A Dynamic Economic Model of Pasture and Range Investments," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 53(2), pages 197-205.
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