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Conservation Policy and Land Value: The Conservation Reserve Program

Haixia Lin and JunJie Wu

No 19417, 2005 Annual meeting, July 24-27, Providence, RI from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: This paper quantifies the effects of the Conservation Reserve Program (CRP) on farmland and developed land prices. Results show that the CRP increases farmland and developed land prices by 1.8% and 0.6%, respectively, on national average, with the largest increases in the Mountain, Southern Plains, and Northern Plains.

Keywords: Land; Economics/Use (search for similar items in EconPapers)
Pages: 30
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea05:19417

DOI: 10.22004/ag.econ.19417

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