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2006 Annual Meeting, February 5-8, 2006, Orlando, Florida >
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http://purl.umn.edu/35383
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| Title: | Certainty Equivalent Farm Returns from Bt and Non-Bt Cotton |
| Authors: | Banerjee, Swagata Ban
Martin, Steven W. |
| Authors (Email): | Banerjee, Swagata Ban (banerjee@drec.msstate.edu)
Martin, Steven W. (smartin@ext.msstate.edu) |
| Keywords: | Bt cotton
certainty equivalent
insecticide
refuge
returns
risk
simulated yield
spray |
| Issue Date: | 2006 |
| Series/Report no.: | Selected Paper |
| Abstract: | Annual mean returns and certainty equivalent returns for 1983-2003 were calculated for specified non-Bt cotton (refuge) percentages for a cotton farm of average size in the Mississippi Delta. Certainty equivalents indicate sprays influence mean profits more than the percentage of refuge in a cotton producer's portfolio. This supports an earlier study where returns calculated from both observed and simulated yields indicated, for any given refuge percentage, mean returns were higher with less risk when insecticides were sprayed compared to no insecticide sprays. |
| Notes: | Replaced with revised version of paper 02/14/06. |
| URI: | http://purl.umn.edu/35383 |
| Institution/Association: | Southern Agricultural Economics Association>2006 Annual Meeting, February 5-8, 2006, Orlando, Florida |
| Total Pages: | 8 |
| Language: | English |
| Collections: | 2006 Annual Meeting, February 5-8, 2006, Orlando, Florida
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| sp06ba09.pdf | 164Kb | PDF | View/Open |
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