TY  - EJOUR
AB  - Cover crops can help reduce the negative environmental impacts of cotton production. Using time series yield data, this study utilizes generalized stochastic dominance to evaluate the relative worth, via risk premiums, of three cover crop and two conventional production systems based on expected net returns of each system and decision maker risk attitude. Results indicate, within the limitation of the study, two cover crop regimes possess a high degree of dominance over conventional systems. Determination of the dominant regime depends upon the risk attitude of a specific decision maker. This research suggests cover crop production systems may be feasible alternatives to conventional practices.
AU  - Giesler, G. Grant
AU  - Paxton, Kenneth W.
AU  - Millhollon, E.P.
DA  - 1993-07
DA  - 1993-07
DO  - 10.22004/ag.econ.30821
DO  - doi
EP  - 56
EP  - 47
ID  - 30821
IS  - 01
JF  - Journal of Agricultural and Resource Economics
KW  - Crop Production/Industries
KW  - Environmental Economics and Policy
L1  - https://ageconsearch.umn.edu/record/30821/files/18010047.pdf
L2  - https://ageconsearch.umn.edu/record/30821/files/18010047.pdf
L4  - https://ageconsearch.umn.edu/record/30821/files/18010047.pdf
LA  - eng
LA  - English
LK  - https://ageconsearch.umn.edu/record/30821/files/18010047.pdf
N2  - Cover crops can help reduce the negative environmental impacts of cotton production. Using time series yield data, this study utilizes generalized stochastic dominance to evaluate the relative worth, via risk premiums, of three cover crop and two conventional production systems based on expected net returns of each system and decision maker risk attitude. Results indicate, within the limitation of the study, two cover crop regimes possess a high degree of dominance over conventional systems. Determination of the dominant regime depends upon the risk attitude of a specific decision maker. This research suggests cover crop production systems may be feasible alternatives to conventional practices.
PY  - 1993-07
PY  - 1993-07
SP  - 47
T1  - A GSD ESTIMATION OF THE RELATIVE WORTH OF COVER CROPS IN COTTON PRODUCTION SYSTEMS
TI  - A GSD ESTIMATION OF THE RELATIVE WORTH OF COVER CROPS IN COTTON PRODUCTION SYSTEMS
UR  - https://ageconsearch.umn.edu/record/30821/files/18010047.pdf
VL  - 18
Y1  - 1993-07
T2  - Journal of Agricultural and Resource Economics
ER  -