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Dynamic Economic Analysis Of A Residue Management System In Cotton

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  • Paudel, Krishna P.
  • Lohr, Luanne

Abstract

Residue management system (RMS), comprised of no till cultivation, a winter cover crop, and poultry litter, could be an alternative to existing management system in cotton production in the Georgian Piedmont. We compare the productivity and profitability of RMS with the current system over time, focusing on the role of organic matter. Using dynamic bioeconomic modelling technique, we show that the net return and land value difference between these two systems increase as the terminal period increases. We conclude that if financial and capital markets based on organic matter work efficiently, farmers will choose RMS in cotton production.

Suggested Citation

  • Paudel, Krishna P. & Lohr, Luanne, 1998. "Dynamic Economic Analysis Of A Residue Management System In Cotton," Faculty Series 16677, University of Georgia, Department of Agricultural and Applied Economics.
  • Handle: RePEc:ags:ugeofs:16677
    DOI: 10.22004/ag.econ.16677
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    References listed on IDEAS

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    5. Oscar R. Burt, 1981. "Farm Level Economics of Soil Conservation in the Palouse Area of the Northwest," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 63(1), pages 83-92.
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