AN EVALUATION OF POST CONSERVATION RESERVE PROGRAM ALTERNATIVES IN THE TEXAS HIGH PLAINS Report as inadecuate




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Four policy alternatives for CRP lands upon expiration of the current contracts in Hale county, Texas are evaluated using chance-constrained programming. It was found that if CRP contracts are extended at the current average rental rate, 40 percent of the current enrollment would be expected to return to crop production, while 66 percent would return to crop production if the program were eliminated. The results also indicate that the marginal value of CRP payments to producers is lower than the marginal value of deficiency payments.

Keywords: Conservation Reserve Program ; Chance-constrained programming ; Soil erosion

Subject(s): Land Economics/Use

Issue Date: 1995-12

Publication Type: Journal Article

PURL Identifier: http://purl.umn.edu/15275 Published in: Journal of Agricultural and Applied Economics, Volume 27, Number 2 Page range: 556-564

Total Pages: 9

Record appears in: Southern Agricultural Economics Association (SAEA) > Journal of Agricultural and Applied Economics





Author: Johnson, Phillip N. ; Segarra, Eduardo

Source: http://ageconsearch.umn.edu/record/15275?ln=en



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