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Eastern U.S. Cattle Producer Willingness to Adopt Prescribed Grazing

Author

Listed:
  • Jensen, Kimberly L.
  • Lambert, Dayton M.
  • Clark, Christopher D.
  • Holt, Caroline
  • English, Burton C.
  • Larson, James A.
  • Yu, Edward
  • Hellwinckel, Chad

Abstract

A triple hurdle model is used to estimate cattle farmer willingness to adopt prescribed grazing on farmland east of the 100th meridian in response to a hypothetical incentive program. First the interest in adoption is modeled, then willingness to accept a hypothetical incentive, followed by modeling of acreage converted. Farm size did not influence program interest, but positively impacted acres converted among those interested. The supply elasticity of program acres with respect to an incentive is 0.13; thus an additional percent incentive is projected to result in an additional 0.13 percent of acres enrolled into the program on owned acres.

Suggested Citation

  • Jensen, Kimberly L. & Lambert, Dayton M. & Clark, Christopher D. & Holt, Caroline & English, Burton C. & Larson, James A. & Yu, Edward & Hellwinckel, Chad, 2014. "Eastern U.S. Cattle Producer Willingness to Adopt Prescribed Grazing," 2014 Annual Meeting, February 1-4, 2014, Dallas, Texas 162247, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saea14:162247
    DOI: 10.22004/ag.econ.162247
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    References listed on IDEAS

    as
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    Keywords

    Agricultural and Food Policy; Environmental Economics and Policy; Farm Management;
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