NDLI: Farmer Premiums for the Voluntary Adoption of Conservation Plans

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Farmer Premiums for the Voluntary Adoption of Conservation Plans

Content Provider	Scilit
Author	Cooper, Joseph C. Signorello, Giovanni
Copyright Year	2008
Description	Journal: Journal of Environmental Planning and Management Programs that reimburse farmers for the cost of implementing more environmentally benign management practices are becoming increasingly popular in both the US and the EU. Utilizing the random utility and random profit difference approaches, the paper develops a theoretical model that explains why farmers may require a premium in excess of the decrease in profits to adopt a conservation plan, and may even require a premium in the case where adoption of the plan is associated with a mean increase in profits. This premium is estimated using a survey of farmers in conjunction with predictions of changes in production costs.
Related Links	https://www.econstor.eu/bitstream/10419/119635/1/NDL2002-027.pdf
ISSN	09640568
e-ISSN	13600559
DOI	10.1080/09640560701712234
Journal	Journal of Environmental Planning and Management
Issue Number	1
Volume Number	51
Language	English
Publisher	Informa UK Limited
Publisher Date	2008-01-01
Access Restriction	Open
Subject Keyword	Journal: Journal of Environmental Planning and Management Agricultural Economics Profitability Risk Premium
Content Type	Text
Subject	Geography, Planning and Development Fluid Flow and Transfer Processes Water Science and Technology Management, Monitoring, Policy and Law

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