THE CONSERVATION RESERVE PROGRAM: LONG-TERM BUDGETARY AND FARM SECTOR IMPACTS

Barbarika, Alex, and Jim Langley

No 270476, 1989 Annual Meeting, July 30-August 2, Baton Rouge, Louisiana from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Computer simulation models of corn, wheat, cotton, and soybean markets are used to investigate the budgetary and farm income impacts of the Conservation Reserve Program (CRP) over the period 1986-2000. Results indicate that the CRP increases farm income and crop prices, and it increases Government outlays, the amount depending on assumptions about the return of land to cultivation after CRP contracts expire.

Keywords: Agricultural and Food Policy; Crop Production/Industries; Environmental Economics and Policy (search for similar items in EconPapers)
Pages: 15
Date: 1989-07-30
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea89:270476

DOI: 10.22004/ag.econ.270476

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