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Economic Impacts of the Conservation Reserve Program: A General Equilibrium Framework 31
Taheripour, Farzad.
This article uses a general equilibrium framework and econometric analyses to examine economic wide impacts of the Conservation Reserves Program. It determines direct and indirect factors which affect the economic efficiency of the program and shows their magnitudes. It shows that the interaction between the program and the tax system causes indirect efficiency costs but the interaction between the program and the agricultural support subsidies generate economic gains. The program has the potential to distort the labor market and cause efficiency losses form this channel. However the analytical model shows that trade can reduce social costs of the policy because a part of the burden of the policy can be passed on to foreign consumers of crop products...
Tipo: Conference Paper or Presentation Palavras-chave: Land retirement; Slippage effect; Efficiency cost; Agricultural pollution; Tax system; Environmental Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/21346
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