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This report estimates the impact that high levels of enrollment in the Conservation Reserve Program (CRP) have had on economic trends in rural counties since the program's inception in 1985 until today. The results of a growth model and quasi-experimental control group analysis indicate no...
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We develop a household model wherein farmers allocate labor to maximize utility from leisure, consumption, and nonpecuniary benefits from farming. The model shows that farmers with decreasing marginal utility of income respond to higher decoupled payments by decreasing off-farm labor and...
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USDA spends over $5 billion per year on conservation activities, mostly through voluntary programs that pay farmers and landowners to provide environmental services. USDA can reduce expenditures and encourage landowners to provide greater environmental services by making use of available data....
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