Govindasamy, Ramu; Huffman, Wallace - In: Agricultural Economics of Agricultural Economists 08 (1993) 2
Under the conservation-compliance program, most of the individual producers are forced to cut their soil erosion to 7 t per acre annually irrespective of the marginal cost of controlling soil erosion. In a system where coupons to a ton of soil loss were issued to producers and traded, the...
