This study investigated the private and social returns to Sustainable Land Management (SLM) practices with an objective of finding practices that reduce the on-farm and off-farm negative effects of land degradation. The results show that SLM practices have robust profits for farmers raising dairy cows. Farmers without dairy cows realize profits that are sensitive to input and output prices. Adoption of SLM also provides global environmental services whose value is about 10% of the net present value. The results suggest the need to promote SLM practices with multiple uses and consider ways to compensate farmers who offer significant environmental services.
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Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2006 Annual meeting, July 23-26, Long Beach, CA with number
21344.
Length: Date of creation: 2006 Date of revision: Handle: RePEc:ags:aaea06:21344
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