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The Role of Information and Prices in the Nitrogen Fertilizer Management Decision: New Evidence from the Agricultural Resource Management Survey AgEcon
Williamson, James M..
This article investigates the impact of agronomic and price information on nitrogen fertilizer management. Excessive nitrogen applications can cause environmental degradation, and it is important to understand how information influences the application decision in order to develop effective conservation policies. The impact of soil N-tests on the rate of applied nitrogen is estimated. Farmers who use a soil test reduce their use of commercial nitrogen by up to 83 lbs/acre relative to non-testers. New evidence indicates that rising fertilizer prices encourage farmers to manage nitrogen more carefully. Estimated price elasticities of quantity demanded range from -1.67 to -1.87.
Tipo: Article Palavras-chave: Nitrogen demand elasticities; Nitrogen fertilizer management; Nonpoint source pollution; Soil N-testing; Agribusiness; Institutional and Behavioral Economics.
Ano: 2011 URL: http://purl.umn.edu/119180
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Does Information Matter? Assessing the Role of Information and Prices in the Nitrogen Fertilizer Management Decision AgEcon
Williamson, James M..
This article investigates the impact of agronomic, environmental, and price information on the management decision of nitrogen fertilizer. Because excessive nitrogen originating from agricultural production activities can cause environmental degradation, understanding how information influences the nutrient application decision on the field is important for developing strategies for nitrogen load mitigation. I investigate the value farmers place on information about N management they receive from several sources. In particular, I evaluate how farmers use information from soil N-tests to make decisions about the rate of N to apply to the field. My results show that soil N-testing can be an effective management practices for reducing excess N applications....
Tipo: Conference Paper or Presentation Palavras-chave: Nitrogen Fertilizer Application; Soil N-testing; Agronomic Information; Best Management Practices; Nonpoint Source Pollution; Demand and Price Analysis; Environmental Economics and Policy; Q24; Q28.
Ano: 2010 URL: http://purl.umn.edu/60892
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