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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- 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 34043, United States Department of Agriculture, Economic Research Service.
- Poe, Gregory L., 1996. "Taxation and Participation in Federal Easement Programs: Evidence from the 1992 Pilot Wetlands Reserve Program," Working Papers 127899, Cornell University, Department of Applied Economics and Management.
- 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 21882, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
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