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The Conservation Reserve Program (CRP) pays farmers about $2 billion per year to retire cropland under ten- to fifteen-year contracts. Recent research by Wu found that slippage-an unintended stimulus of new plantings-offsets some of CRP's environmental benefits. Wu does not account for the...
Persistent link: https://www.econbiz.de/10005295249
An early-warning system generates economic value to the extent that it improves decision making. The value of the information hinges on the degree to which a timely response, aided by warnings, facilitates successful damage mitigation. USDA's Coordinated Framework for Soybean Rust includes a...
Persistent link: https://www.econbiz.de/10009390731
The Conservation Reserve Program (CRP) pays farmers about $2 billion per year to retire cropland under ten- to fifteen-year contracts. Recent research by <xref ref-type="bibr" rid="R3">Wu (2000)</xref> found that slippage—an unintended stimulus of new plantings—offsets some of CRP's environmental benefits. In a comment on Wu, we...
Persistent link: https://www.econbiz.de/10009392469
Using farm-level panel data from recent U.S. Agricultural Censuses, this study examines how direct government payments influence the survival of farm businesses, paying particular attention to the differential effect of payments across farm-size categories. A Cox proportional hazards model is...
Persistent link: https://www.econbiz.de/10009392520
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...
Persistent link: https://www.econbiz.de/10009394125
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Over the last twenty years, both crop production and agricultural payments have shifted toward larger operations. This study examines whether payments from federal farm programs contributed to increased concentration of cropland and farmland. Using zip code—level data constructed from the...
Persistent link: https://www.econbiz.de/10009394244
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