EXTERNALITIES, PROFIT, AND LAND STEWARDSHIP: CONFLICTING MOTIVES FOR SOIL AND WATER CONSERVATION ADOPTION AMONG ABSENTEE LANDOWNERS AND ON-FARM PRODUCERS

Benjamin H. Tong, Tracy Boyer () and Larry D. Sanders

Journal of Agricultural and Applied Economics, 2017, vol. 49, issue 4, 491-513

Abstract: This research aimed to illicit nonfarming absentee landowners’ and producers’ preferences for the benefits and characteristics derived from conservation practices during adoption decisions using maximum difference scaling, also called the best-worst method. Both groups are found to rank and value the attributes and reasons for adoption of conservation practices differently at the 95% significance level. This difference between the two groups reinforced the importance of land tenure in decision making. This indicated the need for new extension educational efforts, research efforts, and economic incentives to reduce negative externalities that could be ameliorated from adoption of soil and water conservation practices.

Date: 2017
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Working Paper: Externalities, Profit, and Land Stewardship: Conflicting Motives for Soil and Water Conservation Adoption Among Absentee Landowners and On-farm Producers (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:cup:jagaec:v:49:y:2017:i:04:p:491-513_00

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