Input and output comparison between alfalfa and its competitive crops
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Abstract
Based on the survey data of farmers who planted alfalfa, wheat, corn and potato in forage planting areas, an analysis of input and output of alfalfa and its competitive crops was made in this study. The results indicated that, alfalfa could bring a good economic benefit to farmers, and its potential benefit was also great. The significant factors that influenced the production of alfalfa and crops were put forward, through making the inputoutput models of alfalfa, wheat and corn, and analyzing their elasticity of factors. Besides, some comments and suggestions were put forward in this study.
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