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

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  • Feather, Peter
  • Hellerstein, Daniel
  • Hansen, LeRoy T.

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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File URL: http://purl.umn.edu/34027
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Bibliographic Info

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;

References

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  1. Gollehon, Noel R. & Caswell, Margriet & Ribaudo, Marc & Kellogg, Robert L. & Lander, Charles & Letson, David, 2001. "Confined Animal Production And Manure Nutrients," Agricultural Information Bulletins 33763, United States Department of Agriculture, Economic Research Service.
  2. 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.
  3. Ribaudo, Marc & Hellerstein, Daniel, 1992. "Estimating Water Quality Benefits: Theoretical and Methodological Issues," Technical Bulletins, United States Department of Agriculture, Economic Research Service 33586, United States Department of Agriculture, Economic Research Service.
  4. Loomis, John B. & White, Douglas S., 1996. "Economic benefits of rare and endangered species: summary and meta-analysis," Ecological Economics, Elsevier, vol. 18(3), pages 197-206, September.
  5. Feather Peter & Hellerstein Daniel & Tomasi Theodore, 1995. "A Discrete-Count Model of Recreational Demand," Journal of Environmental Economics and Management, Elsevier, vol. 29(2), pages 214-227, September.
  6. 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.
  7. Letson, David & Gollehon, Noel R., 1996. "Confined Animal Production and the Manure Problem," Choices, Agricultural and Applied Economics Association, Agricultural and Applied Economics Association, vol. 11(3).
  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.
  9. Crutchfield, Stephen R. & Cooper, Joseph C. & Hellerstein, Daniel, 1997. "Benefits of Safer Drinking Water: The Value of Nitrate Reduction," Agricultural Economics Reports, United States Department of Agriculture, Economic Research Service 34025, United States Department of Agriculture, Economic Research Service.
  10. Hellerstein, Daniel & Feather, Peter, 1997. "Calibrating Benefit Function Transfer to Assess the Conservation Reserve Program," MPRA Paper 25357, University Library of Munich, Germany.
  11. Peter A. Diamond & Jerry A. Hausman, 1994. "Contingent Valuation: Is Some Number Better than No Number?," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 45-64, Fall.
  12. 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.
  13. Portney, Paul R, 1990. "Economics and the Clean Air Act," Journal of Economic Perspectives, American Economic Association, vol. 4(4), pages 173-81, Fall.
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