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Title: An Economic Evaluation of Adoption of the Conservation Compliance Program: A Stochastic Dominance Approach
Authors: Govindasamy, Ramu
Cochran, Mark J.
Keywords: conservation compliance
Stochastic dominance
Risk premium
Issue Date: 1997
Abstract: Using stochastic dominance, this paper examines the adoption of the Conservation Compliance Program (CCP) in twelve Iowa soil types. Subsidies necessary to compensate producers for the increased risk of compliance strategies are estimated. Results indicate that to promote voluntary compliance with the CCP, the government should provide a subsidy of between $4.55 to $19.88 per acre, depending on the soil type.
Identifiers: 0738-8950
Institution/Association: Journal of Agribusiness>Volume 15, Number 1, Spring 1997
Total Pages: 13
From Page: 121
To Page: 133
Collections:Volume 15, Number 1, Spring 1997

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