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A Conceptual Model Of The Stubble Replacement Decision For Florida Sugarcane Growers

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  • Crane, Donald R. Jr.
  • Spreen, Thomas H.

Abstract

Sugarcane is a perennial plant which grows back each year. after harvest. A number of factors cause yields to decline as the stubble ages. The stubble can be viewed as an asset with declining productivity. Asset replacement theory is reviewed and a model is proposed to quantify the replacement decision.

Suggested Citation

  • Crane, Donald R. Jr. & Spreen, Thomas H., 1979. "A Conceptual Model Of The Stubble Replacement Decision For Florida Sugarcane Growers," 1979 Annual Meeting, July 29-August 1, Pullman, Washington 277828, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea79:277828
    DOI: 10.22004/ag.econ.277828
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    References listed on IDEAS

    as
    1. Oscar R. Burt, 1965. "Optimal Replacement under Risk," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 47(2), pages 324-346.
    2. Nelson, Kenneth E. & Purcell, Wayne D., 1972. "A Quantitative Approach to the Feedlot Replacement Decision," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 4(1), pages 143-149, July.
    3. Anthony H. Chisholm, 1966. "Criteria for Determining the Optimum Replacement Pattern," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 48(1), pages 107-112.
    4. Nelson, Kenneth E. & Purcell, Wayne D., 1972. "A Quantitative Approach To The Feedlot Replacement Decision," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 4(1), pages 1-7, July.
    5. Ward, Lionel E. & Faris, J. Edwin, 1968. "A Stochastic Approach to Replacement Policies For Plum Trees," Monographs, University of California, Davis, Giannini Foundation, number 251953, December.
    6. J. Edwin Faris, 1960. "Analytical Techniques Used in Determining the Optimum Replacement Pattern," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 42(4), pages 755-766.
    7. R. K. Perrin, 1972. "Asset Replacement Principles," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 54(1), pages 60-67.
    Full references (including those not matched with items on IDEAS)

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