Hostname: page-component-7bb8b95d7b-wpx69 Total loading time: 0 Render date: 2024-09-11T15:14:26.987Z Has data issue: false hasContentIssue false
  • English
  • Français

An Economic Examination of an Integrated Pest Management Production System with a Contrast Between E-V and Stochastic Dominance Analysis

Published online by Cambridge University Press:  28 April 2015

Wesley N. Musser ,
Bernard V. Tew  and
James E. Epperson
Wesley N. Musser
Affiliation:
Department of Agricultural Economics, University of Georgia, Athens
Bernard V. Tew
Affiliation:
Department of Agricultural Economics, University of Georgia, Athens
James E. Epperson
Affiliation:
University of Georgia, Georgia Agricultural Experiment Station, Griffin, Georgia
Get access Rights & Permissions [Opens in a new window]

Extract

Agricultural economists have long recognized pest populations as common property resources, and, as such, pest control through chemical pesticide application involves a tradeoff between increased crop yields and reduced environmental quality (Carlson; Regev et al.). Integrated pest management (IPM) attempts to minimize this tradeoff by substituting pest information and management skills for chemical pesticides. In part, IPM involves monitoring pest populations in order to utilize beneficial biological interactions. Weather patterns, stage of crop growth, and natural biological enemies of pests are among the factors included in IPM. In addition, entomologists have extended the integrated control concept to include selective rather than nonselective pesticide application that is applied only when pest populations exceed the “economic threshold” level (Hall and Norgaard). In an earlier economic analysis of IPM, Hall concluded that the major advantages of IPM are: (1) a substantial reduction in overall pesticide use, (2) no significant reduction in profits, (3) no significant loss of yields, (4) an overall reduction in pest management costs, and (5) a reduction in risk for the producers.

Type
Research Article
Information
Journal of Agricultural and Applied Economics , Volume 13 , Issue 1 , July 1981 , pp. 119 - 124
Copyright
Copyright © Southern Agricultural Economics Association 1981

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Anderson, J. R. “Sparse Data, Estimated Reliability, and Risk Efficient Decisions.” Amer. J. Agr. Econ. 56(1974):564–72.CrossRefGoogle Scholar
Anderson, J. R., Dillon, John L., and Brian Hardaker, J.Agricultural Decision Analysis. Ames: The Iowa State University Press, 1977.Google Scholar
Arditti, Fred D. “Risk and the Required Return on Equity.” J. Fin. 22(1967): 19–37.CrossRefGoogle Scholar
Bailey, G. W. and Waddell, T. E. “Best Management Practices for Agriculture and Silviculture: An Integrated Overview,” in Best Management Practices for Agriculture and Silviculture. Ann Arbor: Ann Arbor Science Press, 1979.Google Scholar
Buccola, Steven T. and French, Ben C. “An E-V Analysis of Pricing Alternatives for Long-Term Marketing Contracts.” S. J. Agr. Econ. 9(1977): 17–24.Google Scholar
Carlson, Gerald A. “A Decision Theoretic Approach to Crop Disease Prediction and Control.” Amer. J. Agr. Econ. 52(1970):216–26.CrossRefGoogle Scholar
Epperson, James E. and Allison, John R. “Multiple Cropping and Pest Control Intensity—Preliminary Economic Results.” Paper presented at the annual meeting of American Agricultural Economics Association, Urbana, Illinois, July 28-30, 1980.Google Scholar
Hadar, J. and Russell, W. R. “Rules for Ordering Uncertain Prospects.” Amer. Econ. Rev. 59(1969):25–34.Google Scholar
Hall, Darwin C. “The Profitability of Integrated Pest Management: Case Studies for Cotton and Citrus in the San Joaquin Valley.” E.S.A. Bulletin. 23(1977):267–74.Google Scholar
Hall, Darwin C., and Norgaard, Richard B. “On the Timing and Application of Pesticides.” Amer. J. Agr. Econ. 55(1973): 198–201.CrossRefGoogle Scholar
Hazell, P. B. R. “A Linear Alternative to Quadratic and Semivariance Programming for Farm Planning Under Uncertainty.” Amer. J. Agr. Econ. 53(1971): 53–62.CrossRefGoogle Scholar
Hurt, Verner G. and Reinschmiedt, Lynn L. “Impacts of Non-Point Source Pollution Regulations on Mississippi Agriculture.” S. J. Agr. Econ. 11(1979): 1–10.Google Scholar
Just, Richard E. and Pope, Rubon D. “Production Function Estimation and Estimation and Related Risk Considerations.” Amer. J. Agr. Econ. 61(1979):276–84.CrossRefGoogle Scholar
King, Robert P. and Robison, Lindon J. “Implementing Stochastic Dominance with Respect to a Function.” Paper presented at the annual meeting of W-149, Tucson, Arizona, January 16-18, 1980.Google Scholar
Kramer, Randall A. and Pope, Rulon D. “Participation in Commodity Programs: A Stochastic Dominance Analysis.” Amer. J. Agr. Econ. 63(1981): 119–28.CrossRefGoogle Scholar
Mapp, Harry P. Jr., Hardin, Michael L., Walker, Odell J., and Persuad, Tillak. “Analysis of Risk Management Strategies for Agricultural Producers.” Amer. J. Agr. Econ. 61(1979): 1071–77.CrossRefGoogle Scholar
Markowitz, Harry M. “Portfolio Selection.” J. Fin. 61(1952):77–91.Google Scholar
Pratt, J. W. “Risk Aversion in the Small and in the Large.” Econometrica. 32(1964): 122–36.CrossRefGoogle Scholar
Regev, Uri, Gutierrez, Andrew P., and Feder, Gershon. “Pests as a Common Property Resource: A Case Study of Alfalfa Weevil Control.” Amer. J. Agr. Econ. 58(1976): 186–97.CrossRefGoogle Scholar
Robison, J. F. and Barry, P. J. “Portfolio Adjustments—An Application to Rural Banking.” Amer. J. Agr. Econ. 59(1977): 311–20.CrossRefGoogle Scholar
Scott, J. T. and Baker, C. B. “A Practical Way to Select an Optimum Farm Plan Under Risk.” Amer. J. Agr. Econ. 54(1972): 547–661.CrossRefGoogle Scholar
Seitz, Wesley D., Robert Taylor, C., Spitze, Robert G. F., Osteen, Craig, and Nelson, Mack C. “Economic Impacts of Soil Erosion Control.” Land Econ. 55(1979):28–42.CrossRefGoogle Scholar
Taylor, C. Robert. “The Nature of Benefits and Costs of Use of Pest Control Methods.” Amer. J. Agr. Econ. 62(1980): 1007–11.CrossRefGoogle Scholar
Taylor, C. Robert and Frohberg, Klaus K. “The Welfare Effects of Erosion Controls, Banning Pesticides, and Limiting Fertilizer Applications in the Corn Belt.” Amer. J. Agr. Econ. 59 (1977): 25–35.CrossRefGoogle Scholar
White, Fred C., Hairston, James E., Musser, Wesley N., Perkins, H. F., and Reed, J. F.Environmental and Economic Impact of Agricultural Land Use Conversion: An Evaluation Methodology. EPA-600/5-80-002, U.S. Environmental Protection Agency, January 1980, Athens, Georgia.Google Scholar