This paper examines whether purchase of development right (PDR) programs slow the rate of farmland conversion or shift land and amenity losses to adjacent areas. We use county-level data from several Northeastern states with existing PDR programs to estimate the probability that farmland is...

We develop a watershed-based model of green payments to examine how payments applied to different environmental performance measures compare on the basis of economic efficiency, equity, and environmental outcomes. We also explore how targeting in the specification of water quality goals (e.g.,...

In many OECD countries, including the U.S., interest in developing agri-environmental payment programs is currently strong. In the future, the inclusion of an agri-environmental payment program into the WTO's "green box" could be more easily challenged by WTO member countries on the basis that...