Efficiency of Sequestering Carbon in Agricultural Soils, The
Agricultural tillage practices are important human-induced activities that can alter carbon emissions from agricultural soils and have the potential to significantly contribute to reductions in greenhouse gas emission. This paper investigates the expected costs of sequestering carbon in agricultural soils under different subsidy and market-based policies. Using the detailed National Resources Inventory data, the authors estimate the probability that farmers adopt conservation tillage practices based on a variety of exogenous characteristics and profit from conventional practices. Using these estimates, along with physical models of carbon sequestration, the authors estimate the subsidy costs of achieving increased carbon sequestration with alternative subsidy schemes.
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- Paul D. Mitchell, 1997. "Cost of Production System Budgets," Center for Agricultural and Rural Development (CARD) Publications 97-tr37, Center for Agricultural and Rural Development (CARD) at Iowa State University.
- Amemiya, Takeshi, 1981. "Qualitative Response Models: A Survey," Journal of Economic Literature, American Economic Association, vol. 19(4), pages 1483-1536, December.
- Antle, John M. & Capalbo, Susan Marie & Mooney, Sian & Elliott, Edward T. & Paustian, Keith H., 2000. "Economics Of Agricultural Soil Carbon Sequestration In The Northern Plains," Trade Research Center Research Discussion Papers 29239, Montana State University, Department of Agricultural Economics and Economics.
- Wu, JunJie & Babcock, Bruce A., 1998.
"Choice of Tillage, Rotation, and Soil Testing Practices: Economic and Environmental Implications (The),"
Staff General Research Papers
979, Iowa State University, Department of Economics.
- JunJie Wu & Bruce A. Babcock & P. G. Lakshminarayan, 1996. "Choice of Tillage, Rotation, and Soil Testing Practices: Economic and Environmental Implications, The," Center for Agricultural and Rural Development (CARD) Publications 96-wp161, Center for Agricultural and Rural Development (CARD) at Iowa State University.
- JunJie Wu & Bruce A. Babcock, 1998. "The Choice of Tillage, Rotation, and Soil Testing Practices: Economic and Environmental Implications," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(3), pages 494-511.
- Johnson, Stanley R. & Lakshminarayan, P. G. & Gassman, Philip W. & Siemers, Mark & Otake, Toshitsugu & Opsomer, Jean D. & Babcock, Bruce A. & Campbell, Todd & Wu, JunJie & Mitchell, Paul D. & Bishop, , 1996. "RAPS 1996: Agricultural and Environmental Outlook," Staff General Research Papers 1002, Iowa State University, Department of Economics.
- Babcock, Bruce A. & Campbell, Todd & Gassman, Philip W. & Hurley, Terrance M. & Mitchell, Paul D. & Otake, Toshitsugu & Siemers, Mark & Wu, JunJie, 1998. "RAPS 1997: Agricultural and Environmental Outlook," Staff General Research Papers 1158, Iowa State University, Department of Economics.
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