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Dynamic vs. Static Models for Erosion Control Policy Research

Published online by Cambridge University Press:  10 May 2017

James S. Shortle
Affiliation:
Department of Agricultural Economics and Rural Sociology, The Pennsylvania State University, University Park, PA 16802
John A Miranowski
Affiliation:
Department of Economics, Iowa State University, Ames, Iowa
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Abstract

In recent studies of erosion control in agricultural production it has been standard practice to use timeless or static models of agricultural production processes. In this paper implications of a dynamic model of agricultural production for erosion control decision making are compared to those of a static model. On the basis of this comparison it is suggested that future research on the economics of erosion control and erosion control policy may benefit from the use of dynamic modeling methods.

Type
Articles
Copyright
Copyright © Northeastern Agricultural and Resource Economics Association 

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