The Role of Conservation Programs in Drought Risk Adaptation

Steven Wallander, Marcel Aillery, Daniel Hellerstein and Michael S. Hand

No 262224, Economic Research Report from United States Department of Agriculture, Economic Research Service

Abstract: This report evaluates the extent to which farms facing higher levels of drought risk are more likely to participate in conservation programs, and finds a strong link between drought risk and program participation. Prior research has shown that climate-related risk exposure influences production decisions such as crop choice; our research shows that adaptation also includes program participation decisions. Programs like the Conservation Reserve Program and Environmental Quality Incentives Program play a role in drought preparedness and climate adaptation even if they do not directly target such behavior. Conservation program outcomes are influenced by regional differences in production risk, so participation choices due to drought risk can be an important consideration in designing such programs.

Keywords: Agricultural and Food Policy; Environmental Economics and Policy; Farm Management; Land Economics/Use; Risk and Uncertainty (search for similar items in EconPapers)
Pages: 75
Date: 2013-04-01
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Citations: View citations in EconPapers (12)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersrr:262224

DOI: 10.22004/ag.econ.262224

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