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Please use this identifier to cite or link to this item: http://purl.umn.edu/25233

Title: Do Farmers Value The Environment? Evidence from the Conservation Reserve Program Auctions
Authors: Vukina, Tomislav
Levy, Armando
Marra, Michele C.
Authors (Email): Vukina, Tomislav (tom_vukina@ncsu.edu)
Levy, Armando (alevy@analysisgroup.com)
Marra, Michele (michele_marra@ncsu.edu)
JEL Codes: D44
D82
Q51
Q58
Issue Date: 2006
Series/Report no.: Contributed Paper
Abstract: The paper uses data from the Conservation Reserve Program (CRP) auctions to elicit farmers' attitudes toward the environment by analyzing their bids. The CRP pays farmers to remove land from production and put it to a conservation use. An interesting aspect of these auctions is that winners are determined by a combination of low bids and environmental scores of individual plots. The results indicate that farmers condition their bids on the strength of their environmental scores and that they consistently value those environmental improvements which are concentrated locally such as reduced soil erosion, while they place less emphasis on those benefits which resemble public goods such as air quality and wildlife habitat.
URI: http://purl.umn.edu/25233
Institution/Association: International Association of Agricultural Economists>2006 Annual Meeting, August 12-18, 2006, Queensland, Australia
Total Pages: 17
Language: English
Collections:2006 Annual Meeting, August 12-18, 2006, Queensland, Australia

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