Hostname: page-component-586b7cd67f-2plfb Total loading time: 0 Render date: 2024-11-23T21:26:40.316Z Has data issue: false hasContentIssue false
  • English
  • Français

The Profitability of Sustainable Agriculture on a Representative Grain Farm in the Mid-Atlantic Region, 1981–89: Comment

Published online by Cambridge University Press:  15 September 2016

Wayne S. Roberts  and
Scott M. Swinton
Wayne S. Roberts
Affiliation:
Department of Agricultural Economics, Michigan State University
Scott M. Swinton
Affiliation:
Department of Agricultural Economics, Michigan State University
Get access

Abstract

A long term whole farm analysis comparing conventional and low-input farming systems is reviewed. A computational error led to the mistaken conclusion that conventional farming with government programs is less preferred by risk-averse farmers than the low input alternative. The greater income variance of conventional agriculture need not make it less preferred provided a higher mean income sufficiently offsets the higher variance.

Type
Comment and Reply
Information
Agricultural and Resource Economics Review , Volume 24 , Issue 1 , April 1995 , pp. 136 - 137
Copyright
Copyright © 1995 Northeastern Agricultural and Resource Economics Association 

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Hanson, J.C., Johnson, D.E., Peters, S.E., and Janke, R.R. “The Profitability of Sustainable Agriculture on a Representative Grain Farm in the Mid-Atlantic Region, 1981–89.” Northeastern Journal of Agricultural and Resource Economics 19(October 1990): 90–98.CrossRefGoogle Scholar
Lee, Linda. “A Perspective on the Economic Impacts of Reducing Agricultural Chemical Use.” American Journal of Alternative Agriculture 7 (1992): 82–87.Google Scholar
Libby, Larry. “Presidential Address.” American Journal of Agricultural Economics 76(December 1994):(forthcoming).Google Scholar
Musser, W.N., Ohannesian, J., and Benson, F.J. “A Safety First Model of Risk Management for Use in Extension Programs.” North Central Journal of Agricultural Economics 3 (1981): 41–46.CrossRefGoogle Scholar
Olson, Kent D., and Eidman, Vernon R. “A Farmer's Choice of Weed Control Method and the Impacts of Policy and Risk.” Review of Agricultural Economics 14(January 1992): 125–137.Google Scholar
Robison, Lindon J., and Colyer, Dale. “Reflections on Relevance of Professional Journals.” Journal of Agricultural and Applied Economics 26(July 1994): 19–34.CrossRefGoogle Scholar
Saline, Victoria, and Dobbins, Craig. “Farm Returns under Reduced-Input Production Methods in Indiana.” Department of Agricultural Economics, Purdue University, Staff Paper #94–12.Google Scholar
Scott, J.T. Jr., and Baker, C.B. “A Practical Way to Select an Optimum Farm Plan Under Risk.” American Journal of Agricultural Economics 54(November 1972): 657–660.Google Scholar
Tomek, W.G. “Confirmation and Replication in Empirical Econometrics: A Step Toward Improved Scholarship.” American Journal of Agricultural Economics 75(75th Anniversary Edition 1993): 6–14.CrossRefGoogle Scholar