An Economic Evaluation of Adoption of the Conservation Compliance Program: A Stochastic Dominance Approach

Using stochastic dominance, this paper examines the adoption of the Conservation Compliance Program (CCP) in twelve Iowa soil types. Subsidies necessary to compensate producers for the increased risk of compliance strategies are estimated. Results indicate that to promote voluntary compliance with the CCP, the government should provide a subsidy of between $4.55 to $19.88 per acre, depending on the soil type.


Issue Date:
1997
Publication Type:
Journal Article
DOI and Other Identifiers:
0738-8950 (Other)
PURL Identifier:
http://purl.umn.edu/90409
Published in:
Journal of Agribusiness, Volume 15, Number 1
Page range:
121-133
Total Pages:
13




 Record created 2017-04-01, last modified 2017-04-04

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