Data/hora: 10/06/2024 03:42:55

Provedor de dados: | Research in Agricultural & Applied Economics (AgEcon Searh)
País: | United States
Título: | GREEN SUBSIDIES IN AGRICULTURE: ESTIMATING THE ADOPTION COSTS OF CONSERVATION TILLAGE FROM OBSERVED BEHAVIOR
Autores: | Kurkalova,   Lyubov A.; Kling,   Catherine L.; Zhao,   Jinhua.
Data: | 2003-04-22
Ano: | 2003
Palavras-chave: | Adoption subsidies; Conservation Security Program (CSP); Conservation tillage; Risk premium; Environmental Economics and Policy.
Resumo: | Because of payoff uncertainties combined with risk aversion and/or real options, farmers may demand a premium in order to adopt conservation tillage practices, over and above the compensation for the expected profit losses (if any). We propose a method of directly estimating the financial incentives for adopting conservation tillage and distinguishing between the expected payoff and premium of adoption based on observed behavior. We find that the premium may play a significant role in farmers' adoption decisions.
Tipo: | Working or Discussion Paper
Idioma: | Inglês

Identificador:

8547

http://purl.umn.edu/18517

Editor: | AgEcon Search

Relação:

Iowa State University&gt;Center for Agricultural and Rural Development&gt;CARD Working Paper Series

CARD Working Paper 01-WP 286 (Revised)

Formato:

24

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