Staff Publications

Staff Publications

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    'Staff publications' is the digital repository of Wageningen University & Research

    'Staff publications' contains references to publications authored by Wageningen University staff from 1976 onward.

    Publications authored by the staff of the Research Institutes are available from 1995 onwards.

    Full text documents are added when available. The database is updated daily and currently holds about 240,000 items, of which 72,000 in open access.

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Record number 64131
Title The economics of soil nutrient stocks and cattle ranching in the tropics: optimal pasture degradation in humid Costa Rica
Author(s) Bulte, E.H.; Bouman, B.A.M.; Plant, R.A.J.; Nieuwenhuyse, A.; Jansen, H.G.P.
Source European Review of Agricultural Economics 27 (2000). - ISSN 0165-1587 - p. 207 - 226.
Department(s) Development Economics Group
LEI Wageningen UR
MGS
Publication type Refereed Article in a scientific journal
Publication year 2000
Abstract We present a model that can be used to analyse economically optimal nutrient (nitrogen) stocks in agricultural lands. The model is applied to study cattle ranching in humid Costa Rica. The numerical results indicate that, for current meat prices and discount rate, it is privately optimal to 'mine' soil nitrogen. In the long run, efficiency is consistent with degraded and abandoned pastures, as observed in the study region. Sustainable pasture management is economically efficient only for a discount rate close to zero or for meat prices at about twice the highest recorded value in 1985-1997. The results highlight the potential conflict between sustainability and economic efficiency. Caveats and externalities that are not included in our model are discussed.
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