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Costs of an Agricultural Wetland Reserve

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  • Ralph E. Heimlich
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    Abstract

    The Food, Agriculture, Conservation and Trade Act of 1990 included a Wetland Reserve Program (WRP). Eligibility and costs for wetland restoration were estimated using data from several large data bases. Estimated minimum costs increased from $286 million for a 1-million-acre reserve to $3.8 billion for 5 million acres, drawn from 55.2 million acres of eligible cropland. The use of eight regional bidding pools increased total costs 32 percent over a single national pool. Proportional enrollment was the most expensive of three simulated strategies. Enrollment patterns and costs per acre for USDA's nine-state pilot program differed from simulated strategies.

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    Bibliographic Info

    Article provided by University of Wisconsin Press in its journal Land Economics.

    Volume (Year): 70 (1994)
    Issue (Month): 2 ()
    Pages: 234-246

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    Handle: RePEc:uwp:landec:v:70:y:1994:i:2:p:234-246

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    Web page: http://le.uwpress.org/

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    Cited by:
    1. Heimlich, Ralph E. & Wiebe, Keith D. & Claassen, Roger & Gadsby, Dwight M. & House, Robert M., 1998. "Wetlands and Agriculture: Private Interests and Public Benefits," Agricultural Economics Reports, United States Department of Agriculture, Economic Research Service 34043, United States Department of Agriculture, Economic Research Service.
    2. Poe, Gregory L., 1996. "Taxation and Participation in Federal Easement Programs: Evidence from the 1992 Pilot Wetlands Reserve Program," Working Papers, Cornell University, Department of Applied Economics and Management 127899, Cornell University, Department of Applied Economics and Management.
    3. Jaroszewski, Laura & Poe, Gregory L. & Boisvert, Richard N., 2000. "Allocating Land To New York'S Conservation Reserve Enhancement Program To Maximize Net Environmental Benefits," 2000 Annual meeting, July 30-August 2, Tampa, FL, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) 21882, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    4. Olof Byström, 2000. "The Replacement Value of Wetlands in Sweden," Environmental & Resource Economics, European Association of Environmental and Resource Economists, European Association of Environmental and Resource Economists, vol. 16(4), pages 347-362, August.

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