14肥料经济学--项目分析与贴现率.docVIP

项目分析与贴现率 Murray Fulton教授 加拿大萨斯卡彻温大学农经系、合作研究中心 　　引言 Introduction　　前两讲关于肥料经济学的讨论论述了为获得最大利润，用于不同作物的各种肥料施用量的决策原则，其共同的主题是，肥料的最佳分配发生在肥料单位用量的增加所带来的边际收益等于由此而产生的边际成本的时候。这一原则的得出是基于一个假设条件，即成本和收益发生在同一个时期。　　In the two lectures on the economics of fertilization, I presented a framework for making decisions about the amounts of various fertilizers to use on different crops in order to maximize profits. A common theme in both lectures was that an optimal allocation of fertilizer would take place when the marginal benefit of applying another unit of fertilizer equaled the marginal cost of this additional