Hostname: page-component-cd9895bd7-q99xh Total loading time: 0 Render date: 2024-12-25T16:35:01.117Z Has data issue: false hasContentIssue false
  • English
  • Français

Risk Effects of Alternative Winter Cover Crop, Tillage, and Nitrogen Fertilization Systems in Cotton Production

Published online by Cambridge University Press:  19 March 2018

James A. Larson ,
Edward C. Jaenicke ,
Roland K. Roberts  and
Donald D. Tyler
James A. Larson
Affiliation:
The University of Tennessee, Knoxville
Edward C. Jaenicke
Affiliation:
The Pennsylvania State University, University Park, PA
Roland K. Roberts
Affiliation:
The University of Tennessee, Knoxville
Donald D. Tyler
Affiliation:
The University of Tennessee, West Tennessee Experiment Station, Jackson
Get access Rights & Permissions [Opens in a new window]

Abstract

A Just-Pope model was developed to assess tillage, nitrogen, weather, and pest effects on risk for cotton grown after alternative winter cover crops. Yield risk for cotton after hairy vetch was less than for cotton with no winter cover when no nitrogen fertilizer was used to Supplement the vetch nitrogen. However, because cotton after vetch has a higher production cost, farmers growing conventionally tilled cotton may be slow to adopt because risk-return tradeoffs may be unacceptable under risk neutrality and risk aversion. For risk-averse farmers who have already adopted no tillage, cotton grown after hairy vetch is risk efficient.

Keywords

cover cropsJust-Pope production functionrisktillage
Type
Research Article
Information
Journal of Agricultural and Applied Economics , Volume 33 , Issue 3 , December 2001 , pp. 445 - 457
Copyright
Copyright © Southern Agricultural Economics Association 2001

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

Antle, J. M., and Crissman, C. C.. “Risk, Efficiency, and the Adoption of Modern Crop Varieties: Evidence from the Philippines.” Econ. Develop. and Cultur. Change 38(1990): 517–30.Google Scholar
Bohrnstedt, G.W., and Goldberger, A.S.. “On the Exact Covariance of Products of Random Variables.” J. Amer. Stat. Assoc. 64(1969): 439–1442.CrossRefGoogle Scholar
Bradley, J. F., and Tyler, D. D.. “No-Till: Sparing the Plow to Save the Soil.” Tennessee Agri Science 179(1996): 7–11.Google Scholar
Byrd, J. D. Jr. “Report of the Cotton Weed Loss Committee.” In Proceedings-Beltwide Cotton Conferences. Memphis, TN: National Cotton Council of America. Various 1985 through 1998 Annual Issues.Google Scholar
Congress of the U.S., Council of Economic Advisors Economic Report of the President. Washington, D.C.: U.S. Government Printing Office, 1999.Google Scholar
Duck, B. N., and Tyler, D. D.. “No-Till Winter Cover Crops: Management and Production.” Tennessee Agri Science 179(1996): 12–16.Google Scholar
Gerloff, D. “Cotton Budgets for 2000.” The University of Tennessee Agricultural Extension Service, AE&RD No 42.Google Scholar
Geislier, G. G., Paxton, K. W., and Millhollon, E. P.. “A GSD Estimation of the Relative Worth of Cover Crops in Cotton Production Systems.” J. Agr. Res. Econ. 18(1993): 47–56.Google Scholar
Head, R. B. “Cotton Insect Losses.” In Proceedings— Beltwide Cotton Conferences. Memphis, TN: National Cotton Council of America. 1985 through 1992 Annual Issues.Google Scholar
Judge, G. G., Hill, R. C., Griffiths, W. E., Lutkepohl, H., and Lee, T.. Introduction to The Theory and Practice of Econometrics. New York: John Wiley & Sons, 1982.Google Scholar
Judge, G. G., Griffiths, W.E., Hill, R. C., Lutkepohl, H., and Lee, T.. The Theory and Practice of Econometrics, 2nd ed. New York: John Wiley & Sons, 1985.Google Scholar
Just, R., and Pope, R. D.. “Stochastic Specification of Production Functions and Econometric Implications.” J. Econometrics 7(1978): 67–86.Google Scholar
Just, R., and Pope, R. D.. “Production Function Estimation and Related Risk Considerations.” Amer. J. Agr. Econ. 61(1979): 276–84.CrossRefGoogle Scholar
Lambert, D. “Risk Considerations in the Reduction of Nitrogen Fertilizer Use in Agricultural Production.” West. J. Agr. Econ. 15(1990): 234–44.Google Scholar
Lowenberg-DeBoer, J. “Risk Management Potential of Precision Farming Technologies.” J. Agr. and Applied Econ. 31(1999): 275–283.Google Scholar
Meisinger, J. J., Hargrove, W. L., Mikkelsen, R. L., Williams, J. R., and Benson, V. W.. “Effects of Cover Crops on Groundwater Quality.” In Cover Crops for Clean Water, Hargrove, W. L..ed. pp. 57-68. Ankeny, IA: Soil and Water Conservation Society, 1991.Google Scholar
Robison, L. J., and Barry, P. J.. “The Competitive Firm's Response to Risk.” New York, Macmillan, 1987.Google Scholar
Roumasset, J. A., Rosengrant, M. W., Chakravorty, U. N., and Anderson, J. R.. “Fertilizer and Crop Yield Variability: A Review.” In Variability in Grain Yields, Anderson, J.R. and Hazell, P.B.R., eds. pp. 223-33. Baltimore: John Hopkins University Press, 1989.Google Scholar
Smale, M., Hartell, J., Heisey, R. W., and Senauer, B.. “The Contribution of Genetic Resources and Diversity to Wheat Production in the Punjab of Pakistan.” Amer. J. Agr. Econ. 80(1998): 482–493.Google Scholar
Tennessee Department of Agriculture. Tennessee Agriculture. Nashville, TN: Tennessee Agricultural Statistics Service. Various 1985 to 2000 Annual Issues.Google Scholar
Traxler, G., Falck-Zepeda, J., Ortiz-Monasterio, J. I., and Sayre, K.. “Production Risk and the Evolution of Varietal Technology.” Amer. J. Agr. Econ. 77(1995): 1–7.Google Scholar
Triplet, G. B., Dabney, S. M., and Siefker, J. H.. “Tillage Systems for Cotton on Silty Upland Soils.” Agron. J. 88(1996): 507–512.CrossRefGoogle Scholar
U.S. Department of Agriculture. Agricultural Resources and Environmental Indicators, 1996-97. USDA-ERS. Agric. Handbook No. 712. Washington DC: U.S. Department of Agriculture, Economic Research Service, 1997.Google Scholar
U. S. Department of Commerce. Climatological data, Tennessee. National Climatic Data Center. Asheville, N.C.: National Oceanic and Atmospheric Administration.Google Scholar
Williams, M. R. “Cotton Insect Losses.” In Proceedings-Beltwide Cotton Conferences. Memphis, TN: National Cotton Council of America. Various 1993 through 1998 Annual Issues.Google Scholar