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Economics of Precision Farming

Encyclopedia of Smart Agriculture Technologies
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Abstract

In recent years, agricultural development has been confronted with such contradictions as a lack of resources, low labor productivity, and deterioration of the ecological environment. With the improvement in the level of economic development and the increasingly close exchange of agricultural products between the world, the sustainable development of agriculture has put forward higher, newer, and more comprehensive requirements. Therefore, based on a series of high-tech achievements such as modern information technology, biotechnology, and engineering technology, precision agriculture emerges at the historic moment. The economics of precision agriculture mainly serves the actual economic problems of precision agriculture, involving the technical, economic, and environmental problems of precision operation and the technical problems of each link of the precision operation process. The study of precision agricultural economics can better quantitatively analyze how precision agricultural technical measures optimize the allocation of agricultural resources and solve practical problems in the agricultural production field to achieve the goal of maximizing production efficiency and coordinating the development of environmental resources and production.

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Correspondence to Yinsheng Yang .

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Yang, Y., Xu, Y. (2023). Economics of Precision Farming. In: Zhang, Q. (eds) Encyclopedia of Smart Agriculture Technologies. Springer, Cham. https://doi.org/10.1007/978-3-030-89123-7_218-1

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  • DOI: https://doi.org/10.1007/978-3-030-89123-7_218-1

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-89123-7

  • Online ISBN: 978-3-030-89123-7

  • eBook Packages: Springer Reference Biomedicine and Life SciencesReference Module Biomedical and Life Sciences

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Chapter history

  1. Latest

    Economics of Precision Farming
    Published:
    19 April 2023

    DOI: https://doi.org/10.1007/978-3-030-89123-7_218-2

  2. Original

    Economics of Precision Farming
    Published:
    10 February 2023

    DOI: https://doi.org/10.1007/978-3-030-89123-7_218-1