Do Landowners Respond to Land Retirement Incentives? Evidence from the Conservation Reserve Enhancement Program

Title:
Do Landowners Respond to Land Retirement Incentives? Evidence from the Conservation Reserve Enhancement Program
Authors:
Suter, Jordan; Bills, Nelson L.; Poe, Gregory L.
Abstract:
Previous research on incentive responsivness in voluntary land retirement programs has utilized either hypothetical contingent response methods or actual aggregate enrollment data, both of which suffer from potential biases. In this paper, we analyze program participation in the binary-choice setting of the Conservation Reserve Enhancement Program (CREP) using data from six states. Our results suggest that landowners react positively to the incentives that are offered and that increases in onetime incentives, offered at the time of signup, are a more cost-effective means to increase enrollment than increases in the incentives offered on an annual basis.
Citation:
Suter, Jordan, N.L. Bills, and G.L. Poe. 2008. "Do Landowners Respond to Land Retirement Incentives? Evidence from the Conservation Reserve Enhancement Program." Land Economics 84(1): 17-30.
Publisher:
University of Wisconsin Press
DATE ISSUED:
2008
Department:
Economics/ Environmental Studies
Type:
article
PUBLISHED VERSION:
10.3368/le.84.1.17
Additional Links:
http://www.jstor.org/stable/27647803
PERMANENT LINK:
http://hdl.handle.net/11282/309034

Full metadata record

DC FieldValue Language
dc.contributor.authorSuter, Jordanen_US
dc.contributor.authorBills, Nelson L.en_US
dc.contributor.authorPoe, Gregory L.en_US
dc.date.accessioned2013-12-23T16:00:48Zen
dc.date.available2013-12-23T16:00:48Zen
dc.date.issued2008en
dc.identifier.citationSuter, Jordan, N.L. Bills, and G.L. Poe. 2008. "Do Landowners Respond to Land Retirement Incentives? Evidence from the Conservation Reserve Enhancement Program." Land Economics 84(1): 17-30.en_US
dc.identifier.issn0023-7639en_US
dc.identifier.urihttp://hdl.handle.net/11282/309034en
dc.description.abstractPrevious research on incentive responsivness in voluntary land retirement programs has utilized either hypothetical contingent response methods or actual aggregate enrollment data, both of which suffer from potential biases. In this paper, we analyze program participation in the binary-choice setting of the Conservation Reserve Enhancement Program (CREP) using data from six states. Our results suggest that landowners react positively to the incentives that are offered and that increases in onetime incentives, offered at the time of signup, are a more cost-effective means to increase enrollment than increases in the incentives offered on an annual basis.en_US
dc.publisherUniversity of Wisconsin Pressen_US
dc.identifier.doi10.3368/le.84.1.17en_US
dc.relation.urlhttp://www.jstor.org/stable/27647803en
dc.subject.departmentEconomics/ Environmental Studiesen_US
dc.titleDo Landowners Respond to Land Retirement Incentives? Evidence from the Conservation Reserve Enhancement Programen_US
dc.typearticleen_US
dc.identifier.journalLand Economicsen_US
dc.identifier.volume84en_US
dc.identifier.issue1en_US
dc.identifier.startpage17en_US
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