Skip to main content


EATD Seminar Series: Melinda Knuth

220 Dabney Hall

Economics of Agriculture, Trade and Development seminar with Melinda Knuth, NCSU Horticultural Science.

EATD: Le Chen

220 Dabney Hall

Le Chen, NC State University "Dynamically optimal cover crop adoption" Abstract: This paper develops a stochastic dynamic programming (SDP) model to investigate optimal cover crop adoption policies taking into account cumulative effects on soil fertility, uncertain future cash crop prices, partial irreversibility of sunk machinery costs, and flexibility in the timing of adoption over time.…