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Agriculture, Conservation, and the Environment: A Unified Policy



As another Farm Bill approaches in 1995, agricultural, conservation, and environmental groups will again negotiate domestic agricultural policies. From past meetings have come such compromise solutions as the Conservation Reserve Program (CRP) and conservation compliance. The upcoming Farm Bill debate could present a rather unique twist. The Iowa Plan (Iowa Farm Bill Study Team 1994), a proposal to reform federal farm policy, has the potential for substantial budget savings (a rarity in today's political society) over current programs. Thus, if the Iowa Plan is adopted, negotiations will turn to the appropriation of the budget savings. This paper demonstrates how these savings could be used to benefit agriculture, conservation, and the environment. Several market-driven approaches to address agricultural-environmental conflicts are presented. From these, a proposal is made to promote agriculture, conservation, and the environment through "green payments" from agriculture's budget savings under the Iowa Plan.

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  • Chad E. Hart & Darnell B. Smith, 1994. "Agriculture, Conservation, and the Environment: A Unified Policy," Center for Agricultural and Rural Development (CARD) Publications 94-bp3, Center for Agricultural and Rural Development (CARD) at Iowa State University.
  • Handle: RePEc:ias:cpaper:94-bp3

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    References listed on IDEAS

    1. Fulginiti, Lilyan E & Perrin, Richard K, 1993. "Prices and Productivity in Agriculture," The Review of Economics and Statistics, MIT Press, vol. 75(3), pages 471-482, August.
    2. R. E. Lucas, 1967. "Tests of a Capital-Theoretic Model of Technological Change," Review of Economic Studies, Oxford University Press, vol. 34(2), pages 175-189.
    3. Chris Fawson & C. Richard Shumway & Robert L. Basmann, 1990. "Agricultural Production Technologies with Systematic and Stochastic Technical Change," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 72(1), pages 182-199.
    4. Basmann, R. L. & Hayes, K. J. & Slottje, D. J. & Molina, D. J., 1987. "A new method for measuring technological change," Economics Letters, Elsevier, vol. 25(4), pages 329-333.
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