Slippage Effects of the Conservation Reserve Program: Reply

JunJie Wu

American Journal of Agricultural Economics, 2005, vol. 87, issue 1, 251-254

Abstract: Given that the Conservation Reserve Program (CRP) costs taxpayers $2 billion per year and remains the largest conservation program in U.S. history, Roberts and Bucholtz are to be commended for revisiting the slippage issue. However, their central point that regional variation in CRP acreage is endogenous is inconsistent with CRP implementation rules and data. Thus, it is not surprising that the null hypothesis of exogeneity cannot be rejected by statistical tests. Copyright 2005, Oxford University Press.

Date: 2005
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American Journal of Agricultural Economics is currently edited by Madhu Khanna, Brian E. Roe, James Vercammen and JunJie Wu

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