Effects of Site-Specific Management on the Application of Agricultural Inputs
David A. Hennessy, Bruce A. Babcock, Timothy E. Fiez
March 1996 [96-WP 156]
Site-specific management of inputs in agricultural production is receiving increased attention because of new technologies and concerns about excessive input use. This paper provides a microeconomic analysis of its implications. It shows that profit decreases with an increase in the variability of input requirements, but that input and production effects can be quite complicated.
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