THE SUPPLY OF NON-DEGRADED AGRICULTURAL LAND

Profitability increases because of favourable product or factor price changes provide incentives for profit-maximising farmers, who use soils in conjunction with other cooperant inputs, to increase their investment in the preservation of soil-quality, whenever there exist economically viable technologies for preserving soils. However, when such technologies do not exist, regardless of whether farmers utilise soils as non-renewable or renewable resources, such profitability increases are associated with a long-run deterioration in soil quality.


Issue Date:
1992-04
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/22474
Published in:
Australian Journal of Agricultural Economics, Volume 36, Number 1
Page range:
31-56
Total Pages:
26




 Record created 2017-04-01, last modified 2017-08-24

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