IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v3y2011i8p1114-1135d13331.html
   My bibliography  Save this article

Risk Assessment and Examination of Economic Aspects of Precision Weed Management

Author

Listed:
  • Katalin Takács-György

    () (Károly Róbert College, Institute of Business and Organizational Management, H–3200 Gyöngyös, Mátrai út 36, Hungary)

  • István Takács

    () (Károly Róbert College, Institute of Business and Organizational Management, H–3200 Gyöngyös, Mátrai út 36, Hungary)

Abstract

The aim of this research is to investigate plant production sustainability, the economical requirements, risks, and identify threshold levels to switching on, or off precision weed management techniques in Hungarian growing and sales conditions; taking into consideration that the implementation of precision technology can be justified also by its role in the reduction of environmental load, which would create a harmony between individual usefulness and social utility. A simulation model has been developed to investigate the return of extra investments, along with the risk of this return in relation to the soil type, weed coverage, and the sales price.

Suggested Citation

  • Katalin Takács-György & István Takács, 2011. "Risk Assessment and Examination of Economic Aspects of Precision Weed Management," Sustainability, MDPI, Open Access Journal, vol. 3(8), pages 1-22, July.
  • Handle: RePEc:gam:jsusta:v:3:y:2011:i:8:p:1114-1135:d:13331
    as

    Download full text from publisher

    File URL: http://www.mdpi.com/2071-1050/3/8/1114/pdf
    Download Restriction: no

    File URL: http://www.mdpi.com/2071-1050/3/8/1114/
    Download Restriction: no

    References listed on IDEAS

    as
    1. Jean-Paul Chavas, 2008. "A Cost Approach to Economic Analysis Under State-Contingent Production Uncertainty," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 90(2), pages 435-466.
    2. Steven A. Wolf & Frederick H. Buttel, 1996. "The Political Economy of Precision Farming," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(5), pages 1269-1274.
    3. Michael D. Weiss, 1996. "Precision Farming and Spatial Economic Analysis: Research Challenges and Opportunities," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(5), pages 1275-1280.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Enikő Lencsés & István Takács & Katalin Takács-György, 2014. "Farmers’ Perception of Precision Farming Technology among Hungarian Farmers," Sustainability, MDPI, Open Access Journal, vol. 6(12), pages 1-14, November.

    More about this item

    Keywords

    precision crop protection; switch; returns; modeling;

    JEL classification:

    • Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics
    • Q0 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General
    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
    • Q3 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:3:y:2011:i:8:p:1114-1135:d:13331. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (XML Conversion Team). General contact details of provider: http://www.mdpi.com/ .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.