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Private Decisions and Public Goods: Trade-Offs in the Conservation Programs in the New Farm Bill: Discussion

Published online by Cambridge University Press:  28 April 2015

Todd D. Davis
Todd D. Davis*
Affiliation:
Department of Applied Economics and Statistics, Clemson University, Clemson, SC
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Abstract

The 2002 Farm Bill creates several opportunities for landowners to adopt management practices that protect and improve soil and water quality. Landowners considering enrollment in conservation programs must compare the monetary and nonmonetary costs and benefits from removing land from production agriculture. The overall purpose of this invited paper session was to improve the understanding of the factors affecting a landowner's decision to enroll in conservation programs. Papers addressed the environmental benefits of conservation programs and compared the returns to enrolling in conservation programs to the returns from production agriculture.

Keywords

certainty equivalentsconservationeconometricsgovernment paymentsrisksimulationQ18Q16C15C31
Type
Invited Paper Sessions
Information
Journal of Agricultural and Applied Economics , Volume 36 , Issue 2 , August 2004 , pp. 435 - 436
Copyright
Copyright © Southern Agricultural Economics Association 2004

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References

Anderson, J., and Parkhurst, G.. “Comparing Permanent Wetland Reserve Program Easements to Commodity Program Participation.” Paper presented at the Southern Agricultural Economics Association annual meetings, Tulsa, OK, February 14-18, 2004.Google Scholar
Fleming, R. “An Econometric Analysis of the Environmental Benefits Provided by the Conservation Reserve Program.” Paper presented at the Southern Agricultural Economics Association annual meetings, Tulsa, OK, February 1418, 2004.CrossRefGoogle Scholar
Ibendahl, G. “A Risk-Adjusted Comparison of Conservation Reserve Program Payments versus Production Payments for a Corn-Soybean Farmer.” Paper presented at the Southern Agricultural Economics Association annual meetings, Tulsa, OK, February 14-18, 2004.CrossRefGoogle Scholar
U.S. Department of Agriculture, Economic Research Service. Internet site: http://www.ers.usda.gov/ Features/farmbill/analysis/conservationreview.htm (Accessed February 1, 2004).Google Scholar