Cover Practice Definitions and Incentives in the Conservation Reserve Program
Bryan Pratt and
Steven Wallander
No 327358, Economic Information Bulletin from United States Department of Agriculture, Economic Research Service
Abstract:
This study examines data on the costs of cover practices to demonstrate how USDA Conservation Reserve Program's (CRP) use of ranking points in the Environmental Benefits Index (EBI) and cost-share payments combine to incentivize some participants to adopt higher public-benefit practices. This analysis also provides predictions for how policy alternatives might impact the program.
Keywords: Land; Economics/Use (search for similar items in EconPapers)
Pages: 47
Date: 2022-02
New Economics Papers: this item is included in nep-agr and nep-env
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersib:327358
DOI: 10.22004/ag.econ.327358
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