Roberts, Michael J.; Bucholtz, Shawn - In: American Journal of Agricultural Economics 87 (2005) 1, pp. 244-250
The Conservation Reserve Program (CRP) pays farmers about $2 billion per year to retire cropland under ten- to fifteen-year contracts. Recent research by Wu found that slippage—an unintended stimulus of new plantings—offsets some of CRP's environmental benefits. Wu does not account for the...
