Abstract
Economic insights are crucial for making sound decisions about farm-level management of nitrogen and also about regional or national policy such as for water pollution. In the present review, key insights are presented from a large and diverse literature on the economics of nitrogen in agriculture and the economics of the consequences of nitrogen fertilisation. Issues covered include (1) the economics of nitrogen as an input to production, (2) nitrogen and economic risk at the farm level, (3) the economics of nitrogen fixation by legumes, (4) the existence of flat payoff functions, which often allow wide flexibility in decisions about nitrogen fertiliser rates, (5) explanations for over-application of nitrogen fertilisers by some farmers, and (6) the economics of nitrogen pollution at both the farm level and the policy level. Economics helps to explain farmer behaviour and to design strategies and policies that are more beneficial and more likely to be adopted and successfully implemented.
| Original language | English |
|---|---|
| Pages (from-to) | 473-478 |
| Number of pages | 6 |
| Journal | Soil Research |
| Volume | 55 |
| Issue number | 5-6 |
| DOIs | |
| Publication status | Published - 2017 |
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Economic perspectives on nitrogen in farming systems : Managing trade-offs between production, risk and the environment. / Pannell, David J.
In: Soil Research, Vol. 55, No. 5-6, 2017, p. 473-478.Research output: Contribution to journal › Article
TY - JOUR
T1 - Economic perspectives on nitrogen in farming systems
T2 - Managing trade-offs between production, risk and the environment
AU - Pannell, David J.
PY - 2017
Y1 - 2017
N2 - Economic insights are crucial for making sound decisions about farm-level management of nitrogen and also about regional or national policy such as for water pollution. In the present review, key insights are presented from a large and diverse literature on the economics of nitrogen in agriculture and the economics of the consequences of nitrogen fertilisation. Issues covered include (1) the economics of nitrogen as an input to production, (2) nitrogen and economic risk at the farm level, (3) the economics of nitrogen fixation by legumes, (4) the existence of flat payoff functions, which often allow wide flexibility in decisions about nitrogen fertiliser rates, (5) explanations for over-application of nitrogen fertilisers by some farmers, and (6) the economics of nitrogen pollution at both the farm level and the policy level. Economics helps to explain farmer behaviour and to design strategies and policies that are more beneficial and more likely to be adopted and successfully implemented.
AB - Economic insights are crucial for making sound decisions about farm-level management of nitrogen and also about regional or national policy such as for water pollution. In the present review, key insights are presented from a large and diverse literature on the economics of nitrogen in agriculture and the economics of the consequences of nitrogen fertilisation. Issues covered include (1) the economics of nitrogen as an input to production, (2) nitrogen and economic risk at the farm level, (3) the economics of nitrogen fixation by legumes, (4) the existence of flat payoff functions, which often allow wide flexibility in decisions about nitrogen fertiliser rates, (5) explanations for over-application of nitrogen fertilisers by some farmers, and (6) the economics of nitrogen pollution at both the farm level and the policy level. Economics helps to explain farmer behaviour and to design strategies and policies that are more beneficial and more likely to be adopted and successfully implemented.
KW - economics
KW - optimisation
KW - policy
KW - pollution
KW - profit
UR - http://www.scopus.com/inward/record.url?scp=85028536537&partnerID=8YFLogxK
U2 - 10.1071/SR16284
DO - 10.1071/SR16284
M3 - Article
VL - 55
SP - 473
EP - 478
JO - Australian Journal of Soil Research
JF - Australian Journal of Soil Research
SN - 0004-9573
IS - 5-6
ER -