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This article uses a general equilibrium framework and econometric analyses to examine economic wide impacts of the Conservation Reserves Program. It determines direct and indirect factors which affect the economic efficiency of the program and shows their magnitudes. It shows that the...

This article uses a general equilibrium framework and econometric analyses to examine economic wide impacts of the Conservation Reserves Program. It determines direct and indirect factors which affect the economic efficiency of the program and shows their magnitudes. It shows that the...

This paper develops theoretical and empirical models to understand how farmers formulate their participation strategies when deciding to enroll in the Conservation Reserve Program (CRP) under uncertainty. A theoretical model is employed to obtain the impacts of various factors on the optimal...

This paper develops theoretical and empirical models to understand how farmers formulate their participation strategies when deciding to enroll in the Conservation Reserve Program (CRP) under uncertainty. A theoretical model is employed to obtain the impacts of various factors on the optimal...