Land Retirement Program Design in the Presence of Crop Insurance Subsidies

The U.S. federal government implements environmental, biofuels and crop insurance programs that influence land use. They are not well integrated in that cost savings from crop insurance subsidies are not acknowledged when screening land for retirement or when calculating the cost of land retirement programs. We identify and evaluate an optimal benefit index for enrollment in a land retirement program that includes a sub-index to rank land according to insurance subsidy savings. All else equal, land ranked higher in the Lorenz stochastic order should be retired first.


Issue Date:
2009-07
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/52236
Total Pages:
22
Series Statement:
CARD Working Paper
09-WP 495




 Record created 2017-04-01, last modified 2017-08-25

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