Registro completo |
Provedor de dados: |
AgEcon
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País: |
United States
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Título: |
Economic Comparison of Commodity and Conservation Program Benefits: An Example from the Mississippi Delta
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Autores: |
Anderson, John D.
Parkhurst, Gregory M.
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Data: |
2008-09-19
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Ano: |
2004
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Palavras-chave: |
Conservation
Countercyclical payment
Direct payment
Net present value
WRP
Q12
Q15
Q18
C15
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Resumo: |
Changes to commodity programs in the 2002 Farm Bill increased the value of crop base acreages on which decoupled payments are received. The bill also expanded the availability of key conservation programs. This paper compares the value of payments from commodity programs (along with continued crop production) to the easement payment (and recreational lease revenue) available under the Wetland Reserve Program. A net present value model using risk-adjusted returns is employed in the analysis for Mississippi delta cropland containing rice, cotton, and soybean base. Sensitivity analysis is conducted on some of the key variables affecting the decision.
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Tipo: |
Journal Article
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Idioma: |
Inglês
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Identificador: |
http://purl.umn.edu/43390
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Relação: |
Journal of Agricultural and Applied Economics>Volume 36, Number 02, August 2004
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Formato: |
10
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