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Defining competition vectors in a temperate alley cropping system in the midwestern USA: 4. The economic return of ecological knowledge
Authors:T J Benjamin  WL Hoover  JR Seifert  AR Gillespie
Institution:(1) Department of Forestry and Natural Resources, Purdue University, West Lafayette, IN 47907, USA
Abstract:We tested the economic value of ecological knowledge in a midwestern USA alley-cropping system where row crops are planted in alleys between fine hardwood trees grown for veneer. Economic models were constructed to compare among agroforestry designs as well as to compare agroforestry with traditional forest plantation culture and row crop monoculture and rotational management. The general modeling approach was to quantify production inputs and outputs, estimate costs and revenues, simulate tree growth and crop productivity in agroforestry configurations, and estimate discounted cash flows. We incorporated scenarios that controlled both above- and below-ground competition through appropriate management as found in our previous research. This research showed the importance of below-ground competition in determining crop yields and the period of time that crop income could be expected from the agroforestry interplanting. Net present values and internal rates of return showed that agroforestry systems were generally more favorable investments than traditional agriculture and forestry. More importantly, the use of simple management techniques targeted at reducing below-ground competition allowed longer cultivation of row crops, greatly increasing returns to the landowner. Thus, the economic benefit of understanding the ecological interactions within agroforestry plantings dictates that accurate assessment of agroforestry alternatives will require the modeling of agroforestry as an integrated, interactive system.This revised version was published online in November 2005 with corrections to the Cover Date.
Keywords:cash flows  economic modeling  net present value  plant competition
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