Page 10 - Azerbaijan State University of Economics
P. 10
XiaolinQu, M.S., Lal K. Almas: The water requirement and profitability analysis of corn using irrigation
management approaches including evapotranspiration and weather data
The data used in this study are obtained from Texas Cooperative Extension’s
ten-year (1998-2007) program called Panhandle Agripartners Demonstration
Program. 129 demonstrationsare extracted including the information of yield of
corn, amount of irrigation applied, irrigation methods, total water availability, and
PPET to analyze the yield-water relations.
Methods
In order to find out the relationship between water approaches including total
available water (TW), irrigation application, as well as Percent of Potential
Evapotranspiration (PPET) and the yields of corn, three models are developed. The
first model describes the corn yield as a function of TW. The second model defines
the corn yield as a function of the amount of irrigation applied. The third model
uses the PPET requirement of each crop to predict corn yield. Regression analysis
in Excel is used to evaluate the models under each approach and the models that fit
best will be chosen to represent the production functions for the four crops in the
Texas Panhandle area.
Based on the production functions under the three water approaches, the
corresponding Marginal Physical Product (MPP) could be determined. Combining
with the price of corn, which is a range of $3/bushel - $7.5/bushel, Marginal Value
Product is determined. On the cost side, Marginal Factor Cost (MFC) is obtained
9