Costs of an Agricultural Wetland Reserve
AbstractThe 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 InfoArticle provided by University of Wisconsin Press in its journal Land Economics.
Volume (Year): 70 (1994)
Issue (Month): 2 ()
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Web page: http://le.uwpress.org/
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- 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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