Cost-Effective Targeting of Land Retirement to Improve Water Quality with Endogenous Sediment Deposition Coefficients
An integrated framework that combines spatial and biophysical attributes of land with a hydrological model and an economic model is developed to identify cropland for enrollment in the Conservation Reserve Enhancement Program. Sediment deposition coefficients are determined endogenously depending on the land-use decisions on other land parcels. Application of this framework to a watershed in Illinois demonstrates that highly sloping land adjacent to water bodies should be selected for retirement. A marginal value rental payment scheme can achieve program goals of 20% sediment abatement at 39% lower cost than a productivity-based rental scheme. Copyright 2003, Oxford University Press.
Year of publication: |
2003
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Authors: | Khanna, Madhu ; Yang, Wanhong ; Farnsworth, Richard ; Önal, Hayri |
Published in: |
American Journal of Agricultural Economics. - Agricultural and Applied Economics Association - AAEA. - Vol. 85.2003, 3, p. 538-553
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Publisher: |
Agricultural and Applied Economics Association - AAEA |
Saved in:
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