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Comparison of Alternative Irrigated Cotton Management Practices under Higher Electricity Prices
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ABSTRACT The impact of expected higher energy cost on irrigated cotton profitability is examined for two production strategies. The first, assumed producers maximize expected profits based upon an expected price, whereas the second assumed producers maximize a hedonic price function. Hedonic production was more profitable than non-hedonic, and used fewer inputs. |
©National Cotton Council, Memphis TN |
Document last modified May 20, 2002
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