Abstract
Understanding farmer heterogeneity regarding nutrient management decisions is crucial for the success of any nonpoint source pollution prevention programs. Data from a farm- level experiment of cover crops in corn production were used in the Stochastic Efficiency with Respect to a Function framework to examine preference for nitrogen strategies over a range of risk aversion levels. We show the highest net return and certainty equivalent to the consideration of N supplied by cover crops. The results provide insights into policy discussions about the level of conservation incentives and plans that offer solutions to mitigate nonpoint source pollution.
Recommended Citation
Wang, Hua; Adusumilli, Naveen; Fromme, Daniel; and Shannon, Keith
(2021)
"The Role of Farmer Heterogeneity in Nutrient Management: A Farm-Level Analysis,"
Journal of Applied Farm Economics: Vol. 4
:
Iss.
1,
Article 1.
DOI: 10.7771/2331-9151.1051
Available at:
https://docs.lib.purdue.edu/jafe/vol4/iss1/1