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Economic Valuation of Environmental Benefits and the Targeting of Conservation Programs: The Case of the CRP

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Author Info
Feather, Peter
Hellerstein, Daniel
Hansen, Leroy
Abstract

The range of environmental problems confronting agriculture has expanded in recent years. As the largest program designed to mitigate the negative environmental effects of agriculture, the Conservation Reserve Program (CRP) has broadened its initial focus on reductions in soil erosion to consider other landscape factors that may also be beneficial. For example, preserving habitats can help protect wildlife, thus leading to more nature-viewing opportunities. This report demonstrates how nonmarket valuation models can be used in targeting conservation programs such as the CRP.

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Paper provided by United States Department of Agriculture, Economic Research Service in its series Agricultural Economics Reports with number 34027.

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Date of creation: 1999
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Handle: RePEc:ags:uerser:34027

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Keywords: Environmental Economics and Policy;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Paul B. Siegel & Thomas G. Johnson, 1991. "Break-Even Analysis of the Conservation Reserve Program: The Virginia Case," Land Economics, University of Wisconsin Press, vol. 67(4), pages 447-461. [Downloadable!] (restricted)
  2. Crutchfield, Stephen R. & Cooper, Joseph C. & Hellerstein, Daniel, 1997. "Benefits of Safer Drinking Water: The Value of Nitrate Reduction," Agricultural Economics Reports 34025, United States Department of Agriculture, Economic Research Service. [Downloadable!]
  3. Ribaudo, Marc O. & Hellerstein, Daniel, 1992. "Estimating Water Quality Benefits: Theoretical and Methodological Issues," Technical Bulletins 33586, United States Department of Agriculture, Economic Research Service. [Downloadable!]
  4. W. Douglass Shaw, 1992. "Searching for the Opportunity Cost of an Individual's Time," Land Economics, University of Wisconsin Press, vol. 68(1), pages 107-115. [Downloadable!] (restricted)
  5. Englin, Jeffrey & Shonkwiler, J S, 1995. "Estimating Social Welfare Using Count Data Models: An Application to Long-Run Recreation Demand under Conditions of Endogenous Stratification and Truncation," The Review of Economics and Statistics, MIT Press, vol. 77(1), pages 104-12, February. [Downloadable!] (restricted)
  6. Portney, Paul R, 1990. "Economics and the Clean Air Act," Journal of Economic Perspectives, American Economic Association, vol. 4(4), pages 173-81, Fall. [Downloadable!] (restricted)
  7. Diamond, Peter A & Hausman, Jerry A, 1994. "Contingent Valuation: Is Some Number Better than No Number?," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 45-64, Fall. [Downloadable!] (restricted)
  8. Bartik, Timothy J., 1988. "Evaluating the benefits of non-marginal reductions in pollution using information on defensive expenditures," Journal of Environmental Economics and Management, Elsevier, vol. 15(1), pages 111-127, March. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Bruce A. Babcock & John C. Beghin & Michael D. Duffy & Hongli Feng & Brent Hueth & Catherine L. Kling & Lyubov A. Kurkalova & Uwe A. Schneider & Silvia Secchi & Quinn Weninger & Jinhua Zhao, 2001. "Conservation Payments: Challenges in Design and Implementation," Center for Agricultural and Rural Development (CARD) Publications 01-bp34, Center for Agricultural and Rural Development (CARD) at Iowa State University. [Downloadable!]
    Other versions:
  2. Feng, Hong-Li & Kurkalova, Lyubov & Kling, Catherine L. & Gassman, Philip W., 2005. "Economic and Environmental Co-benefits of Carbon Sequestration in Agricultural Soils: Retiring Agricultural Land in the Upper Mississippi River Basin," Staff General Research Papers 12253, Iowa State University, Department of Economics. [Downloadable!]
    Other versions:
  3. Anderson, John D. & Parkhurst, Gregory M., 2004. "Economic Comparison of Commodity and Conservation Program Benefits: An Example from the Mississippi Delta," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 36(01), August. [Downloadable!]
  4. Isik, Murat & Yang, Wanhong, 2004. "An Analysis of the Effects of Uncertainty and Irreversibility on Farmer Participation in the Conservation Reserve Program," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 29(02), August. [Downloadable!]
  5. Feng, Hongli & Kling, Catherine L. & Kurkalova, Lyubov & Secchi, Silvia, 2003. "CAC versus Incentive0Based Instruments in Agriculture: The Case of the Conservation Reserve Program," Staff General Research Papers 10796, Iowa State University, Department of Economics. [Downloadable!]
  6. Hongli Feng & Catherine L. Kling & Lyubov A. Kurkalova & Silvia Secchi & Philip W. Gassman, 2005. "Conservation Reserve Program in the Presence of a Working Land Alternative: Implications for Environmental Quality, Program Participation, and Income Transfer, The," Center for Agricultural and Rural Development (CARD) Publications 05-wp402, Center for Agricultural and Rural Development (CARD) at Iowa State University. [Downloadable!]
    Other versions:
  7. Hongli Feng & Catherine L. Kling & Lyubov A. Kurkalova & Silvia Secchi, 2003. "Subsidies! The Other Incentive-Based Instrument: The Case of the Conservation Reserve Program," Center for Agricultural and Rural Development (CARD) Publications 03-wp345, Center for Agricultural and Rural Development (CARD) at Iowa State University. [Downloadable!]
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