Estimates of the effect of urbanization on farmland values and eventually food prices are presented. These estimates, which reveal a strong positive relationship between urbanization and farmland values, are used to construct elasticities of farmland value related to population density for the...

This study examines the economic potential of producing a wheat (Triticum aesitivum) and grain sorghum (Sorghum bicolor (L.) Moench) rotation with three different tillage strategies compared to the Conservation Reserve Program (CRP) in a semi-arid region. This research uses stochastic efficiency...

This study examines the economic potential of producing a wheat (Triticum aesitivum) and grain sorghum (Sorghum bicolor (L.) Moench) rotation with three different tillage strategies compared to the Conservation Reserve Program (CRP) in a semi-arid region. This research uses stochastic efficiency...

This study examines the factors that affect conservation practice choices of CRP farmers in Alabama. From over 9,000 contracts enrolled in the state between 1986 and 1995, 594 were randomly selected for the study. A multiple-regression analysis was employed to analyze the data. Results indicate...

Among Conservation Reserve Program (CRP) participants, there is a distinction between farm households using the program to ease out of farming and those using the program to augment production receipts. We find evidence that factors other than crop or livestock revenue and environmental factors...

The determinants of regional farmland values are evolving over time and the farmland value growth varies by regions. As a result, the new regional farmland valuation models need to be dynamically updated with the changes in public policy, input and output markets and regional environmental...

This paper evaluates the impact of the El Nino/Southern Oscillation (ENSO) on U.S. farmland values. Fourier series analysis decomposes climatological variation into ENSO and non-ENSO components. Farmland values, regressed against ENSO variation and other variables, are negatively affected by...

The Conservation Reserve Program (CRP), enacted in 1985, provides conservation benefits and agricultural supply control through voluntary, long-term retirement of crop land. Large-scale, long-term land retirement programs produce, in varying degrees, negative effects on those businesses and...

The uncertain future of the Conservation Reserve Program has created substantial interest for agricultural producers, rural businesses, community leaders, sportsmen, and wildlife organizations. Many regions of the upper Great Plains have participated heavily in the CRP as evidenced by program...

Conservation programs faced with limited budgets often use a competitive enrollment mechanism. Goals of enrollment might include minimizing program expenditures, encouraging broad participation, and inducing adoption of enhanced environmental practices. We use experimental methods to evaluate an...