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A personal interview survey of 87 grain marketing cooperatives regarding the impact of changes in government programs and planned responses to the dilemma of excess capacity and loss of government storage income and related factors is reported. Government storage payment's impact on financial...
Persistent link: https://www.econbiz.de/10005331024
Since both release resources from agricultural production, it is not surprising that decisions to work off the farm and to participate in the U. S. Conservation Reserve Program (CRP) are correlated. By incorporating these decisions into a heteroskedastic specification of a farm household income...
Persistent link: https://www.econbiz.de/10008518930
Using data from a national survey of farm households in the United States, this paper examines the effects of farm households’ decisions to participate in the Conservation Reserve Program (CRP) and to work off the farm on the technical efficiency of farm household production. After controlling...
Persistent link: https://www.econbiz.de/10008518932
The decision to participate in a Government program can be viewed as a discrete choice problem, where a farmer will choose to sign up for the program if the expected utility of participating outweighs the expected utility of not participating. In this article, the probability of farmer...
Persistent link: https://www.econbiz.de/10010879221
In fiscal year 1987, 126,421 farms enrolled 13.8 million acres in the Conservation Reserve Program (CRP), 779,000 acres of which were planted to trees. Enrollment per contract averaged 109.2 acres out of an average of 350.7 total acres. Cost-share per treated acre was $38 for a total of $505...
Persistent link: https://www.econbiz.de/10010879794
This article has presented a farmer decision making model of participation in the Conservation Reserve Program (CRP) under the current rising bio-fuel production. The decision is specified as an optimal stopping problem and farming return is assumed following stochastic process with the...
Persistent link: https://www.econbiz.de/10010880089
A general equilibrium model is developed to study the environmental implications of agricultural policies. Model results show that declines in the acreage reduction program (ARP) would reduce agricultural fertilizer use, but the return of ARP land to production would lead to an overall increase...
Persistent link: https://www.econbiz.de/10010910431
Using a farmland value survey that separated the value of farmland enrolled in the Conservation Reserve Program from all farmland, this article measures gains in producer welfare from program participation. The results distinguish program participant welfare gains from the general income effects...
Persistent link: https://www.econbiz.de/10010910606
The U.S. Department of Agriculture (USDA) accepted about 33.9 million acres of cropland into the Conservation Reserve Program (CPR) during 1986-89. This acreage was enrolled in nine separate sign ups under authority of the Food Security Act of 1985. CRP enrollment was extended through 1995 with...
Persistent link: https://www.econbiz.de/10010912157
The provision of ecosystem services via ecological restoration can be affected by the spatially explicit relationships between existing landscape characteristics and the proposed restoration. In such situations, effective economic targeting of restoration is aided by an accounting of the...
Persistent link: https://www.econbiz.de/10011263727