Distinguishing between whole-farm vs. partial-farm participation in the conservation reserve program
Resource
Land Economics 85 (1): 144-161
Journal
Land Economics
Journal Volume
85
Journal Issue
1
Pages
144-161
Date Issued
2009
Author(s)
Boisvert, R.N.
Abstract
By distinguishing between the decision to participate in the conservation reserve program (CRP) and the decision for whole-farm vs. part-farm participation, we model participation as separate binary decisions. Our results suggest the farm characteristics and other factors affect the decision to participate in CRP differently than the decision regarding whole-farm vs. part-farm participation. This model formulation also helps to clarify the conditions under which the effect of CRP payments on the acreage enrolled in the program is positive or negative. (JEL Q15, Q18)
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Type
journal article
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