Optimal replanting and cutting rule for coffee farmers in Vietnam
This paper identifies the optimal cutting and replanting rule for coffee farmers in Vietnam. Some previous studies examined the optimal price at which to cut trees for coffee farmers in Vietnam but they have not investigated the relationship between the age of tree and the cutting point. Fixed-form optimization is applied to analyze a rule that links market coffee prices and age of tree with the cutting decision.
|Date of creation:||2009|
|Date of revision:|
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