IDEAS home Printed from https://ideas.repec.org/p/ags/aaea02/19740.html
   My bibliography  Save this paper

Evaluating The Cost Effectiveness Of Land Retirement Programs

Author

Listed:
  • Khanna, Madhu
  • Yang, Wanhong
  • Farnsworth, Richard L.
  • Onal, Hayri

Abstract

This paper extends an integrated framework that combines economic, environmental and GIS modeling to evaluate the cost effectiveness of land retirement programs. The modeling framework is applied to the Lower Sangamon Watershed in Cass County of Illinois to examine the economic costs and environmental benefits of three land retirement scenarios: land actually enrolled in the Illinois CREP, land selected by a land rental cap mechanism and land identified by a least cost model. We find that land retirement in the watershed successfully achieved the program goal of 20% sediment abatement. However, in achieving the same level of sediment abatement, the costs of actual land retirement are 1.3 times and 2.1 times of those in a land rental cap mechanism and a least cost model respectively. The model results also reveal that cost effective land retirement parcels are more sloping, close to river, with higher upland sediment inflow, more on-site erosion and lower quasi-rents. The results indicate that governments may improve the cost effectiveness of land retirement program through targeting. And there is a need to modify current Illinois CREP eligibility criteria to include sloping cropland adjacent to the river in the program. Furthermore our results suggest that in the program implementation land retirement contracts could be selected based on several measurable parameters such as distance from the river and slope.

Suggested Citation

  • Khanna, Madhu & Yang, Wanhong & Farnsworth, Richard L. & Onal, Hayri, 2002. "Evaluating The Cost Effectiveness Of Land Retirement Programs," 2002 Annual meeting, July 28-31, Long Beach, CA 19740, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea02:19740
    as

    Download full text from publisher

    File URL: http://purl.umn.edu/19740
    Download Restriction: no

    References listed on IDEAS

    as
    1. Anastasia Lintner & Alfons Weersink, 1999. "Endogenous Transport Coefficients: Implications for Improving Water Quality from Multi-Contaminants in an Agricultural Watershed," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 14(2), pages 269-296, September.
    2. David Zilberman, 1996. "The Economics of a Public Fund for Environmental Amenities: A Study of CRP Contracts," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(4), pages 961-971.
    3. Marc O. Ribaudo, 1986. "Consideration of Offsite Impacts in Targeting Soil Conservation Programs," Land Economics, University of Wisconsin Press, vol. 62(4), pages 402-411.
    4. Babcock, Bruce A. & Lakshminarayan, P. G. & Wu, J. & Zilberman, David, 1997. "Targeting Tools for the Purchase of Environmental Amenities," Staff General Research Papers Archive 5220, Iowa State University, Department of Economics.
    5. Carpentier, Chantal Line & Bosch, Darrell J. & Batie, Sandra S., 1998. "Using Spatial Information To Reduce Costs Of Controlling Agricultural Nonpoint Source Pollution," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 27(1), April.
    6. Babcock, Bruce A. & Lakshminarayan, P. G. & Wu, JunJie & Zilberman, David, 1996. "Economics of a Public Fund for Environmental Amenities (The)," Staff General Research Papers Archive 1065, Iowa State University, Department of Economics.
    7. John B. Braden & Gary V. Johnson & Aziz Bouzaher & David Miltz, 1989. "Optimal Spatial Management of Agricultural Pollution," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 71(2), pages 404-413.
    8. Feather, Peter & Hellerstein, Daniel & Hansen, LeRoy T., 1999. "Economic Valuation of Environmental Benefits and the Targeting of Conservation Programs: The Case of the CRP," Agricultural Economics Reports 34027, United States Department of Agriculture, Economic Research Service.
    9. Shakya, Bibhakar S. & Hitzhusen, Frederick J., 1997. "A Benefit-Cost Analysis of the Conservation Reserve Program in Ohio: Are Trees Part of a Sustainable Future in the Midwest?," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 27(2).
    10. Marc O. Ribaudo, 1989. "Targeting the Conservation Reserve Program to Maximize Water Quality Benefits," Land Economics, University of Wisconsin Press, vol. 65(4), pages 320-332.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Land Economics/Use;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aaea02:19740. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search). General contact details of provider: http://edirc.repec.org/data/aaeaaea.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.