An economic analysis of soybean integrated pest management

Catherine R. Greene, Randall A. Kramer, George W. Norton, Edwin G. Rajotte, McPherson Robert

Research output: Contribution to journalArticle

24 Scopus citations

Abstract

The type ofpest management strategy a farmer chooses is influenced by the amount of risk associated with alternative strategies. This paper examines the attractiveness of alternative pest management strategies used on a representative Virginia soybean farm. Probability distfibutions of net revenue associated with alternative pest control options are simulated and then compared using generalized stochastic dominance criteria. Results suggest risk-averse and, in some cases, risk-preferring farmers would prefer strategies which incorporate an integrated pest management approach to pest control rather than one which relies completely on chemical pest control.

Original languageEnglish (US)
Pages (from-to)567-572
Number of pages6
JournalAmerican Journal of Agricultural Economics
Volume67
Issue number3
DOIs
StatePublished - Aug 1985

All Science Journal Classification (ASJC) codes

  • Agricultural and Biological Sciences (miscellaneous)
  • Economics and Econometrics

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