| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
GREEN SUBSIDIES IN AGRICULTURE: ESTIMATING THE ADOPTION COSTS OF CONSERVATION TILLAGE FROM OBSERVED BEHAVIOR
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| Autores: |
Kurkalova, Lyubov A.
Kling, Catherine L.
Zhao, Jinhua
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| Data: |
2003-04-22
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| Ano: |
2003
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| Palavras-chave: |
Adoption subsidies
Conservation Security Program (CSP)
Conservation tillage
Risk premium
Environmental Economics and Policy
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| 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.
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| Tipo: |
Working or Discussion Paper
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| Idioma: |
Inglês
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| Identificador: |
8547
http://purl.umn.edu/18517
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| Editor: |
AgEcon Search
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| Relação: |
Iowa State University>Center for Agricultural and Rural Development>CARD Working Paper Series
CARD Working Paper 01-WP 286 (Revised)
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| Formato: |
24
application/pdf
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