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A Theoretical and Empirical Analysis of Conservation Reserve Program Participation under Uncertainty AgEcon
Isik, Murat.
This paper develops theoretical and empirical models to understand how farmers formulate their participation strategies when deciding to enroll in the Conservation Reserve Program (CRP) under uncertainty. A theoretical model is employed to obtain the impacts of various factors on the optimal bidding strategies. A selectivity-based econometric model is then used to estimate the probability of enrollment and determinants of rental payments. The theoretical results indicate that the optimal bid is positively related to the expected farming income and environmental benefit scores, and it is negatively related to the degree of risk aversion and the variability of returns. The econometric model shows that land benefits, land attributes, farmer...
Tipo: Conference Paper or Presentation Palavras-chave: Conservation programs; Land retirement; Risk aversion; Uncertainty.; Farm Management.
Ano: 2005 URL: http://purl.umn.edu/19264
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Agricultural Resources and Environmental Indicators, 2006 Edition AgEcon
Wiebe, Keith D.; Gollehon, Noel R..
This is a large file. We have had reports of problems opening the file in Mozilla Firefox. If you have problems, try using Windows Internet Explorer.
Tipo: Report Palavras-chave: ERS; AREI; Agricultural economics; Natural resources; Land; Land use; Land values; Land ownership; Water use; Irrigation; Water quality; Genetic resources; Biotechnology; Agricultural research; Agricultural productivity; Global resources; Soil conservation; Soil erosion; Pest management; Nutrient management; Animal agriculture; Organic agriculture; Conventional agriculture; Conservation policy; Land retirement; Working lands; Wetlands; Farmland protection; Environmental quality; Farm structure; Farm ownership; Farm management decisions; Farm business; Environmental Economics and Policy; Resource /Energy Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/7207
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CROPLAND CASH RENTAL RATES IN THE UPPER MISSISSIPPI RIVER BASIN AgEcon
Kurkalova, Lyubov A.; Burkart, Christopher; Secchi, Silvia.
The report documents the creation of estimates for cropland cash rental rates in the Upper Mississippi River Basin in 1997. Although the basic data come from disparate sources, we employ a unifying estimation procedure based on the presumption that the cropland cash rental rate is an increasing function of corn yield potential. The rates are estimated at some 42,000 National Resources Inventory data points representing cropland in Illinois, Indiana, Iowa, Michigan, Minnesota, Missouri, South Dakota, and Wisconsin.
Tipo: Working or Discussion Paper Palavras-chave: Cropland cash rental rates; Land retirement; Upper Mississippi River Basin; Land Economics/Use.
Ano: 2004 URL: http://purl.umn.edu/18652
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Economic Impacts of the Conservation Reserve Program: A General Equilibrium Framework AgEcon
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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ENVIRONMENTAL CONSERVATION IN AGRICULTURE: LAND RETIREMENT VERSUS CHANGING PRACTICES ON WORKING LAND AgEcon
Feng, Hongli; Kurkalova, Lyubov A.; Kling, Catherine L.; Gassman, Philip W..
The study develops a conceptual framework for analyzing the allocation of conservation funds via selectively offering incentive payments to farmers for enrolling in one of two mutually exclusive agricultural conservation programs: retiring land from production or changing farming practices on land that remains in production. We investigate how the existence of a pre-fixed budget allocation between the programs affects the amounts of environmental benefits obtainable under alternative policy implementation schemes. The framework is applied to a major agricultural production region using field-scale data in conjunction with empirical models of land retirement and conservation tillage adoption, and a biophysical process simulation model for the environmental...
Tipo: Working or Discussion Paper Palavras-chave: Conservation Reserve Program; Land retirement; Working land; Environmental Economics and Policy; Land Economics/Use.
Ano: 2004 URL: http://purl.umn.edu/18627
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FACTORS AFFECTING CONSERVATION PRACTICE BEHAVIOR OF CRP PARTICIPANTS IN ALABAMA AgEcon
Hendrix, Shannon; Wheelock, Gerald; Onianwa, Okwudili O..
This study examines the factors that affect conservation practice choices of CRP farmers in Alabama. From over 9,000 contracts enrolled in the state between 1986 and 1995, 594 were randomly selected for the study. A multiple-regression analysis was employed to analyze the data. Results indicate that education, ratio of cropland in CRP, farm size, gender, prior crop practice, and geographic location of contract had a significant influence on the choice of conservation practice adopted.
Tipo: Journal Article Palavras-chave: Conservation practices; Conservation Reserve Program; CRP contracts; Cost share; Erodible cropland; Grass practice; Land retirement; Tree practice; Farm Management; Land Economics/Use.
Ano: 1999 URL: http://purl.umn.edu/14730
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Working Farm Participation and Acreage Enrollment in the Conservation Reserve Program AgEcon
Lambert, Dayton M.; Sullivan, Patrick; Claassen, Roger.
Among Conservation Reserve Program (CRP) participants, there is a distinction between farm households using the program to ease out of farming and those using the program to augment production receipts. We find evidence that factors other than crop or livestock revenue and environmental factors are associated with program participation and acreage enrollment among farmers who continue agricultural production. Program payments and farm size are positively associated with the amount of land enrolled in the CRP, and characteristics of participants in land retirement and working-lands CRP components are similar.
Tipo: Journal Article Palavras-chave: Acreage enrollment; Conservation Reserve Program; Land retirement; Program participation; Working farms; Working-land conservation; Farm Management; Land Economics/Use; Q24; Q28.
Ano: 2007 URL: http://purl.umn.edu/6620
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