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| Content Provider | AgEcon Search |
|---|---|
| Author | Anderson, John D. Parkhurst, Gregory M. |
| Abstract | Changes to commodity programs in the 2002 Farm Bill increased the value of crop base acreages on which decoupled payments are received. The bill also expanded the availability of key conservation programs. This paper compares the value of payments from commodity programs (along with continued crop production) to the easement payment (and recreational lease revenue) available under the Wetland Reserve Program. A net present value model using risk-adjusted returns is employed in the analysis for Mississippi delta cropland containing rice, cotton, and soybean base. Sensitivity analysis is conducted on some of the key variables affecting the decision. |
| Related Links | https://ageconsearch.umn.edu/record/43390/files/Anderson%20JAAE%20August%202004.pdf |
| Ending Page | 424 |
| Page Count | 10 |
| Starting Page | 415 |
| File Format | |
| DOI | 10.22004/ag.econ.43390 |
| Journal | Journal of Agricultural and Applied Economics |
| Issue Number | 2 |
| Volume Number | 36 |
| Language | English |
| Publisher | Southern Agricultural Economics Association (SAEA) |
| Publisher Date | 2004-01-01 |
| Access Restriction | Open |
| Subject Keyword | Applied Economics Agricultural Economics Agri-economic Open Access Database Research in Applied Economics Research in Agricultural Economics Higher Study On Agricultural Economics Higher Study On Applied Economics Agricultural Research Documents Agrarian Economy & Research Higher Study Agri-economics Research in Economics Agri-economic Open Access Repository Statistics in Agricultural Economics Conservation, Countercyclical Payment, Direct Payment, Net Present Value, Wrp Conservation Countercyclical Payment Direct Payment Net Present Value Wrp |
| Content Type | Text |
| Resource Type | Article |
| Subject | Economics, Econometrics and Finance |
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