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This paper develops and applies a mathematical model for determining the economically optimal scheduling of fertilization and irrigation (fertigation) that maximizes the farmer's profits. The analysis assumes a single crop (corn) and a single growing season. For a given total seasonal...
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Perennial crops require substantial initial investment in groundwork and planting, as well as a multiyear gestation period without commercial yield. Therefore, a crop's cycle (from planting to felling) should be long enough in order to cover the fixed cost and become profitable. The problem...
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The article explains the phenomenon of counter-urbanization, which has become prominent in most developed countries. We develop a model that provides an economic rationalization for the observed willingness of incumbent farmers of a rural region to absorb nonfarmer urban migrants. The analytical...
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