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Multicrop farmers must choose variable input levels and land quantity for each crop. Economic researchers to date have analyzed these two decisions separately, either finding the best land use, given crop technologies, or solving for optimal input levels, ignoring the allocation of land. We show...
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The total expected cost of sequestering carbon in agricultural soils is estimated under a possible EQIP program offering a per-acre subsidy to adopt conservation tillage and a carbon credit program where producers can sell their carbon credit in an external market. Both programs are compared to...
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