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Library THE CRP BALANCING ACT: TRADING OFF COSTS AND MULTIPLE ENVIRONMENTAL BENEFITS

THE CRP BALANCING ACT: TRADING OFF COSTS AND MULTIPLE ENVIRONMENTAL BENEFITS

THE CRP BALANCING ACT: TRADING OFF COSTS AND MULTIPLE ENVIRONMENTAL BENEFITS

Resource information

Date of publication
December 2002
Resource Language
ISBN / Resource ID
AGRIS:US2016213234

The Environmental Benefits Index (EBI) ranks Conservation Reserve Program (CRP) offers by weighing program costs for enrolling land in CRP against six environmental objectives. This paper uses Monte Carlo simulations to analyze the sensitivity of CRP enrollment outcome to the specification of the EBI. Results indicate that:(a)there is no major shift in average benefits throughout the U.S. when marginal changes in the weights occur, and (b) priority area weights, whether National or State, play a role in shifting CRP away from its traditional focus on highly erodible land, and (c) there is complementarity between the enduring benefits and the wildlife objectives and substitutability between the enduring benefits and the erosion reduction objectives;

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Authors and Publishers

Author(s), editor(s), contributor(s)

Cattaneo, Andrea
Bucholtz, Shawn
Dewbre, Joe
Nickerson, Cynthia J.

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