@article{Hertel:137457,
      recid = {137457},
      author = {Hertel, Thomas W. and Preckel, Paul V.},
      title = {Commodity-Specific Effects of the Conservation Reserve  Program},
      journal = {Journal of Agricultural Economics Research},
      address = {1988},
      number = {1491-2016-130180},
      pages = {10},
      year = {1988},
      abstract = {A summary function describing the relationship between  output level, conservation reserve program (CRP) acreage,  and production costs for major US field crops indicates  that extending the CRP from 40 million to 44 million acres  in 1990 could raise the bid price for CRP land as much as 7  percent. The estimated effect on commodity prices is modest  and depends largely on interactions with other farm  programs Previous research has probably overstated the  commodity price effects of the CRP because of insufficient  treatment of cross-commodity effects},
      url = {http://ageconsearch.umn.edu/record/137457},
      doi = {https://doi.org/10.22004/ag.econ.137457},
}