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The Use of Biophysical and Expected Payoff Probability Simulation Modeling in The Economic Assessment of Brush Management Alternatives

Published online by Cambridge University Press:  12 June 2017

Keith D. Schumann ,
J. Richard Conner ,
James W. Richardson ,
Jerry W. Stuth ,
Wayne T. Hamilton  and
D. Lynn Drawe
Keith D. Schumann
Affiliation:
Department of Agriculture Economics atTexas A&M University
J. Richard Conner
Affiliation:
Department of Agriculture Economics, and Department of Rangeland Ecology and Management at Texas A&M University
James W. Richardson
Affiliation:
Department of Agricultural Economics at Texas A&M University
Jerry W. Stuth
Affiliation:
Department of Rangeland Ecology and Management at Texas A&M University
Wayne T. Hamilton
Affiliation:
Center for Grazinglands and Ranch Management, and Department of Rangeland Ecology and Management at Texas A&M University
D. Lynn Drawe
Affiliation:
Rob and Bessie Welder Wildlife Foundation
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Abstract

Woody plant encroachment restricts forage production and capacity to produce grazing livestock. Biophysical plant growth simulation and economic simulation were used to evaluate a prescribed burning range management technique. Modeling systems incorporated management practices and costs, historical climate data, vegetation and soil inventories, livestock production data, and historical regional livestock prices. The process compared baseline non-treatment return estimates to expected change in livestock returns resulting from prescribed burning. Stochastic analyses of production and price variability produced estimates of greater net returns resulting from use of prescribed burning relative to the baseline.

Keywords

biophysical simulationprescribed burningrange managementsimulation
Type
Articles
Information
Journal of Agricultural and Applied Economics , Volume 33 , Issue 3 , December 2001 , pp. 539 - 549
Copyright
Copyright © Southern Agricultural Economics Association 2001

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