| Título: | A Dynamic Optimal Crop Rotation Model in Acreage Response |
| Autores: |
Cai, Ruohong Bergstrom, John C. Mullen, Jeffrey D. Wetzstein, Michael E. |
| Fecha: |
2011-05-04 2011-05-04 2011-05-04 |
| Publicador: | AgEcon |
| Fuente: |
 |
| Tipo: | Working or Discussion Paper |
| Tema: |
Crop rotation Acreage response Bellman equation Crop Production/Industries Research Methods/ Statistical Methods |
| Descripción: | This paper presents a dynamic crop rotation model that shows how crop yield and price volatility could impact crop mix and acreage response under crop rotation considerations. Specifically, a discrete Markov decision model is utilized to optimize producers’ crop rotation decision within a finite horizon. By maximizing net present value of expected current and future profits, a modified Bellman equation helps develop optimum planting decisions. This model is capable of simulating crop rotations with different lengths and structures. Specifically, the corn-soybeans rotations were simulated using the crop rotation model. |
| Idioma: | en |
1 Lost Directions: U.S. Foreign Assistance Policy Since New Directions por McGuire, Mark F.,Ruttan, Vernon W. | 6 |
2 | 7 How Fiscal (Mis)-Management May Impede Trade Reform: Lessons From an Intertemporal, Multi-Sector General Equilibrium Model for Turkey por Diao, Xinshen,Roe, Terry L.,Yeldan, A. Erinc |
3 On the Welfare Consequences of Political Activity por Coggins, Jay S. | 8 Efficient choice among domestic and trade policies in the Grossman-Helpman Interest-Group Model por Schleich, Joachim,Orden, David |
4 What Happened to Political Development? por Ruttan, Vernon W. | 9 Bilateral Harmonization of EC and U.S. Agricultural Policies por Mahe, Louis Pascal,Tavera, Christophe |
5 A Dynamic CGE Model: An Application of R&D- Based Endogenous Growth Model Theory por Diao, Xinshen,Elbasha, Elamin H.,Roe, Terry L.,Yeldan, A. Erinc | 10 Economics of Food and Safety: Risk, Information, and the Demand and Supply of Health por Falconi, Cesar,Roe, Terry L. |
© 2013 Todos los derechos reservados.