IDEAS home Printed from https://ideas.repec.org/p/ags/aaea02/19810.html
   My bibliography  Save this paper

The Crp Balancing Act: Trading Off Costs And Multiple Environmental Benefits

Author

Listed:
  • Cattaneo, Andrea
  • Bucholtz, Shawn
  • Dewbre, Joe
  • Nickerson, Cynthia J.

Abstract

The Environmental Benefits Index (EBI) ranks Conservation Reserve Program (CRP) offers by weighing program costs for enrolling land in CRP against six environmental objectives. This paper uses Monte Carlo simulations to analyze the sensitivity of CRP enrollment outcome to the specification of the EBI. Results indicate that:(a)there is no major shift in average benefits throughout the U.S. when marginal changes in the weights occur, and (b) priority area weights, whether National or State, play a role in shifting CRP away from its traditional focus on highly erodible land, and (c) there is complementarity between the enduring benefits and the wildlife objectives and substitutability between the enduring benefits and the erosion reduction objectives;

Suggested Citation

  • Cattaneo, Andrea & Bucholtz, Shawn & Dewbre, Joe & Nickerson, Cynthia J., 2002. "The Crp Balancing Act: Trading Off Costs And Multiple Environmental Benefits," 2002 Annual meeting, July 28-31, Long Beach, CA 19810, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea02:19810
    DOI: 10.22004/ag.econ.19810
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/19810/files/sp02ca03.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.19810?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Katherine Reichelderfer & William G. Boggess, 1988. "Government Decision Making and Program Performance: The Case of the Conservation Reserve Program," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 70(1), pages 1-11.
    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. Brekke, Kjell Arne, 1997. "The numeraire matters in cost-benefit analysis," Journal of Public Economics, Elsevier, vol. 64(1), pages 117-123, April.
    4. 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 Economic Reports 34027, United States Department of Agriculture, Economic Research Service.
    5. Bockstael, Nancy E. & Strand, Ivar E., Jr., 1985. "Distributional Issues And Nonmarket Benefit Measurement," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 10(2), pages 1-8, December.
    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. Ogg, Clayton W. & Aillery, Marcel P. & Ribaudo, Marc O., 1989. "Implementing the Conservation Reserve Program: Analysis of Environmental Options," Agricultural Economic Reports 308077, United States Department of Agriculture, Economic Research Service.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Brett Bryan & Jeffery Connor et al, 2005., 2005. "Catchment Care - Developing an Auction Process for Biodiversity and Water Quality Gains. Volume 1 - Report," Natural Resource Management Economics 05_004, Policy and Economic Research Unit, CSIRO Land and Water, Adelaide, Australia.
    2. Cattaneo, Andrea, 2005. "Prescriptive use of Environmental Indices: A "How To" Guide for Conservation Programs," 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark 24764, European Association of Agricultural Economists.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Hongli Feng & Catherine L. Kling & Lyubov A. Kurkalova & Silvia Secchi & Philip W. Gassman, 2005. "The Conservation Reserve Program in the Presence of a Working Land Alternative: Implications for Environmental Quality, Program Participation, and Income Transfer," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 87(5), pages 1231-1238.
    2. Feng, Hongli & Kling, Catherine L. & Kurkalova, Lyubov A. & Secchi, Silvia, 2007. "Cac Versus Incentive-Based Instruments in Agriculture: The Case of the Conservation Reserve Program," Staff General Research Papers Archive 10796, Iowa State University, Department of Economics.
    3. Claassen, Roger & Cattaneo, Andrea & Johansson, Robert, 2008. "Cost-effective design of agri-environmental payment programs: U.S. experience in theory and practice," Ecological Economics, Elsevier, vol. 65(4), pages 737-752, May.
    4. Wu, JunJie & Zilberman, David & Babcock, Bruce A., 2001. "Environmental and Distributional Impacts of Conservation Targeting Strategies," Journal of Environmental Economics and Management, Elsevier, vol. 41(3), pages 333-350, May.
    5. Wanhong Yang & Madhu Khanna & Richard Farnsworth & Hayri Önal, 2005. "Is Geographical Targeting Cost-Effective? The Case of the Conservation Reserve Enhancement Program in Illinois," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 27(1), pages 70-88.
    6. Yang, Wanhong & Isik, Murat, 2003. "Integrating Farmer Decision-Making to Target Land Retirement Programs," 2003 Annual meeting, July 27-30, Montreal, Canada 22062, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    7. Markus Groth, 2009. "The transferability and performance of payment-by-results biodiversity conservation procurement auctions: empirical evidence from northernmost Germany," Working Paper Series in Economics 119, University of Lüneburg, Institute of Economics.
    8. Jacobs, Keri L. & Thurman, Walter N. & Marra, Michele C., 2011. "How Farmers Bid Into the Conservation Reserve Program: An Empirical Analysis of CRP Offers Data," 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania 103675, Agricultural and Applied Economics Association.
    9. Feng, Hongli & Kurkalova, Lyubov A. & Kling, Catherine L. & Gassman, Philip W., 2006. "Environmental conservation in agriculture: Land retirement vs. changing practices on working land," Journal of Environmental Economics and Management, Elsevier, vol. 52(2), pages 600-614, September.
    10. Wright, Andrew P. & Hudson, Darren, 2013. "Applying a Voluntary Incentive Mechanism to the Problem of Groundwater Conservation: An Experimental Approach," 2013 Annual Meeting, February 2-5, 2013, Orlando, Florida 143030, Southern Agricultural Economics Association.
    11. Guilherme S. Bastos & Erik Lichtenberg, 2001. "Priorities in Cost Sharing for Soil and Water Conservation: A Revealed Preference Study," Land Economics, University of Wisconsin Press, vol. 77(4), pages 533-547.
    12. Ruiqing Miao & Hongli Feng & David A. Hennessy & Xiaodong Du, 2014. "Assessing Cost-Effectiveness of the Conservation Reserve Program and its Interaction with Crop Insurance Subsidies," Center for Agricultural and Rural Development (CARD) Publications 14-wp553, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    13. repec:ags:aaea22:335794 is not listed on IDEAS
    14. Mykel R. Taylor & Nathan P. Hendricks & Gabriel S. Sampson & Dillon Garr, 2021. "The Opportunity Cost of the Conservation Reserve Program: A Kansas Land Example," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 43(2), pages 849-865, June.
    15. Charles Z. Zheng, 2000. "Optimal Auction in a Multidimensional World," Discussion Papers 1282, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    16. Holm-Muller, Karin & Radke, Volker & Weis, Jurgen, 2002. "Umweltfördermaßnahmen in der Landwirtschaft – Teilnehmerauswahl durch Ausschreibungen?," German Journal of Agricultural Economics, Humboldt-Universitaet zu Berlin, Department for Agricultural Economics, vol. 51(02), pages 1-9.
    17. 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).
    18. Keri L. Jacobs & Walter N. Thurman & Michele C. Marra, 2014. "The Effect of Conservation Priority Areas on Bidding Behavior in the Conservation Reserve Program," Land Economics, University of Wisconsin Press, vol. 90(1), pages 1-25.
    19. Wu, JunJie & Boggess, William G., 1999. "The Optimal Allocation of Conservation Funds," Journal of Environmental Economics and Management, Elsevier, vol. 38(3), pages 302-321, November.
    20. Steven Schilizzi & Uwe Latacz-Lohmann, 2007. "Assessing the Performance of Conservation Auctions: An Experimental Study," Land Economics, University of Wisconsin Press, vol. 83(4), pages 497-515.
    21. Xue Xie & Hualin Xie & Cheng Shu & Qing Wu & Hua Lu, 2017. "Estimation of Ecological Compensation Standards for Fallow Heavy Metal-Polluted Farmland in China Based on Farmer Willingness to Accept," Sustainability, MDPI, vol. 9(10), pages 1-18, October.

    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:aaea02:19810. See general information about how to correct material in RePEc.

    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 bibliographic 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.

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

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.