Since both working off the farm and participating in the Conservation Reserve Program (CRP) remove important resources from US agricultural production, we utilize two econometric specifications to test hypotheses regarding whether these two decisions by farmers are independent. We find...

Through empirical simulations of the Taiwanese rice market, we estimate the effects of agricultural policies designed to ensure optimal levels of two multifunctional outputs, groundwater recharge and methane emissions. The settings of policy instruments differ by region to reflect land quality...

There is statistical evidence that decisions to participate in CRP and work off-farm are made simultaneously. Characteristics of households, farm operations other farm programs, and the local economies affect both decisions; some factors affect only one. Policy changes that affect one decision...

Using a three-stage sample selection model, we identify factors affecting the probability and level of participation in CRP. Statistical tests support hypotheses that off-farm work and participation in other farm programs are exogenous to the CRP decision. We compare the relative technical and...

The major sources of variability in net farm income on New York dairy farms over the past 10 years are identified using Dairy Farm Business Summary records. The most important source of income variability is the fluctuation in milk prices, followed closely by year-to-year variation in the...

Major sources of variability in net farm income on New York dairy farms over the past 10 years are identified using variance decomposition methods. The most important source of income variability is the fluctuation in milk prices, followed closely by year-to-year variation in the quantity of...