DYNAMIC ECONOMIC ANALYSIS OF A RESIDUE MANAGEMENT SYSTEM IN COTTON

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.


Issue Date:
1998
Publication Type:
Working or Discussion Paper
Record Identifier:
http://ageconsearch.umn.edu/record/16677
PURL Identifier:
http://purl.umn.edu/16677
Total Pages:
16
Series Statement:
Faculty Series 98-06




 Record created 2017-04-01, last modified 2018-01-22

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