THE PROFITABILITY OF SUSTAINABLE AGRICULTURE ON A REPRESENTATIVE GRAIN FARM IN THE MID-ATLANTIC REGION, 1981-89: COMMENT

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.


Subject(s):
Issue Date:
1995-04
Publication Type:
Journal Article
Record Identifier:
http://ageconsearch.umn.edu/record/31466
PURL Identifier:
http://purl.umn.edu/31466
Published in:
Agricultural and Resource Economics Review, Volume 24, Number 1
Page range:
136-137
Total Pages:
2




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

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