Eastern U.S. Cattle Producer Willingness to Adopt Prescribed Grazing

Kimberly Jensen, Dayton Lambert, Christopher Clark, Caroline Holt, Burton English, James Larson (), Edward Yu and Chad Hellwinckel

No 162247, 2014 Annual Meeting, February 1-4, 2014, Dallas, Texas from Southern Agricultural Economics Association

Abstract: A triple hurdle model is used to estimate cattle farmer willingness to adopt prescribed grazing on farmland east of the 100th meridian in response to a hypothetical incentive program. First the interest in adoption is modeled, then willingness to accept a hypothetical incentive, followed by modeling of acreage converted. Farm size did not influence program interest, but positively impacted acres converted among those interested. The supply elasticity of program acres with respect to an incentive is 0.13; thus an additional percent incentive is projected to result in an additional 0.13 percent of acres enrolled into the program on owned acres.

Keywords: Agricultural and Food Policy; Environmental Economics and Policy; Farm Management (search for similar items in EconPapers)
Pages: 20
Date: 2014-01-06
New Economics Papers: this item is included in nep-env
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saea14:162247

DOI: 10.22004/ag.econ.162247

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