Abstract
The concepts of the value of information and the value of alternative models are developed and applied to corn response research in Brazil. Soil test information was worth as much as $30 per hectare and the response model employed was worth up to $23 per hectare, but two soil classification models had negative values.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 54-61 |
| Number of pages | 8 |
| Journal | American Journal of Agricultural Economics |
| Volume | 58 |
| Issue number | 1 |
| DOIs | |
| State | Published - Feb 1976 |
| Externally published | Yes |
Keywords
- Fertilizer response
- Soil testing
- Value information
ASJC Scopus subject areas
- Agricultural and Biological Sciences (miscellaneous)
- Economics and Econometrics