@article{Dhingra:205712,
      recid = {205712},
      author = {Dhingra, Neeraj and Wachenheim, Cheryl J. and Roberts,  David and Lesch, William C.},
      title = {Importance of Contract Attributes on Conservation Reserve  Program Enrollment Decisions in the Prairie Pothole Region},
      address = {2015},
      number = {330-2016-13631},
      series = {Paper},
      pages = {15},
      year = {2015},
      abstract = {Interest in the Conservation Reserve Program in the U.S.  has waned. Enrollment for 2015 was targeted at 26 million  acres but as of the end of February, actual enrollment had  declined to 24.6 million acres (USDA, 2015). Available  studies point to recent fluctuations in commodity prices as  a predominant factor in this enrollment gap. Other  potentially influencing factors remain understudied,  including farmer preferences for contract design. A choice  experiment was conducted in the Prairie Pothole region to  assess these preferences. An exploded logit model was used  to evaluate the preference heterogeneity among program  attributes. Results indicate that an increase in maximum  allowed rental payment, length of contract, and the  government’s share of establishment cost increase utility  of farmers, whereas, fixing terms at the beginning of the  contract, and imposing more land use restrictions on  enrolled land have a negative impact.},
      url = {http://ageconsearch.umn.edu/record/205712},
      doi = {https://doi.org/10.22004/ag.econ.205712},
}