Economic, Environmental, and Fiscal Impacts of a Targeted Renewal of Conservation Reserve Program Contracts, The

CRP (Conservation Reserve Program) renewal may depend on improved targeting of payments to maintain a significant portion of existing environmental and farm benefits at a reduced program cost. The authors consider three alternative renewal criteria: renewal of least expensive land first, renewal of most environmentally sensitive land first, and renewal of land according to the cost per unit of environmental benefit offered.

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Year of publication:	1995-02
Authors:	Babcock, Bruce Alan ; Lakshminarayan, P. G. ; Wu, JunJie
Institutions:	Center for Agricultural and Rural Development (CARD), Iowa State University

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Extent:	application/pdf text/html
Series:	Center for Agricultural and Rural Development (CARD) Publications.
Type of publication:	Book / Working Paper
Source:	RePEc - Research Papers in Economics

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