Comparison of Conventional and IPM Cropping Systems: A Risk Efficiency Analysis

Author(s)
Lavik, Ming Su
Lien, Gudbrand
Korsaeth, Audun
Hardaker, J Brian
Publication Date
2020-08
Abstract
<p>To support decision-makers considering adopting integrated pest management (IPM) cropping in Norway, we used stochastic efficiency analysis to compare the risk efficiency of IPM cropping and conventional cropping, using data from a long-term field experiment in southeastern Norway, along with data on recent prices, costs, and subsidies. Initial results were not definitive, so we applied stochastic efficiency with respect to a function, limiting the assumed risk aversion of farmers to a plausible range. We found that, for farmers who are risk-indifferent to moderately (hardly) risk averse, the conventional system was, compared to IPM, less (equally) preferred.</p>
Citation
Journal of Agricultural and Applied Economics, 52(3), p. 385-397
ISSN
2056-7405
1074-0708
Link
Publisher
Cambridge University Press
Rights
Attribution-ShareAlike 4.0 International
Title
Comparison of Conventional and IPM Cropping Systems: A Risk Efficiency Analysis
Type of document
Journal Article
Entity Type
Publication

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