An Economic Evaluation of Adoption of the Conservation Compliance Program: A Stochastic Dominance Approach

Using stochastic dominance, this paper examines the adoption of the Conservation Compliance Program (CCP) in twelve Iowa soil types. Subsidies necessary to compensate producers for the increased risk of compliance strategies are estimated. Results indicate that to promote voluntary compliance with the CCP, the government should provide a subsidy of between $4.55 to $19.88 per acre, depending on the soil type.

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Year of publication:	1997
Authors:	Govindasamy, Ramu ; Cochran, Mark J.
Published in:	Journal of Agribusiness. - Agricultural Economics Association of Georgia - AEAG. - Vol. 15.1997, 1
Publisher:	Agricultural Economics Association of Georgia - AEAG
Subject:	conservation compliance \| Stochastic dominance \| Adoption \| Risk premium \| Erosion \| Agribusiness \| Environmental Economics and Policy \| Research Methods/ Statistical Methods

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

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