Economic Impacts of Adoption of Best Management Practices by Crawfish Producers: The Role of the Environmental Quality Incentives Program
This study investigates reasons for adoption of best management practices (BMP), crawfish farmersâ€™ participation in the Environmental Quality Incentives Program (EQIP), and economic impacts of BMP adoption using data from a 2008 survey of crawfish producers. Most-cited reasons for BMP adoption are farmersâ€™ perceptions of increases in profit and long-run productivity. Land tenancy, education, double-cropping or crop rotation, and proximity to a stream influence EQIP participation. Perceptions of economic profits depend on the practices used. Participation in EQIP negatively impacts farmersâ€™ perceptions of profitability from adopting BMPs. The results underscore the importance of economic incentives in promoting BMP adoption.
Volume (Year): 41 (2012)
Issue (Month): 2 (August)
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