IDEAS home Printed from https://ideas.repec.org/a/cup/agrerw/v27y1998i01p117-124_00.html
   My bibliography  Save this article

Property Tax Distortions and Participation in Federal Easement Programs: An Exploratory Analysis of the Wetlands Reserve Program

Author

Listed:
  • Poe, Gregory L.

Abstract

Higher propety taxes and uncertainty about post-easement tax levels may create a disincentive for landowners to participate in federal easement programs such as the Wetlands Reserve Program, and thus may distort participation levels in a manner inconsistent with the environmental benefits associated with individual parcels. Support for this hypothesis is provided in an exploratory analysis of state level participation in the Wetlands Reserve Program. If such distortions prove to be policy relevant, then either they should be accounted for in the bid acceptance process of future federal easement programs, or individual states and localities should correct property tax differentials and post-easement tax uncertainty.

Suggested Citation

  • Poe, Gregory L., 1998. "Property Tax Distortions and Participation in Federal Easement Programs: An Exploratory Analysis of the Wetlands Reserve Program," Agricultural and Resource Economics Review, Cambridge University Press, vol. 27(1), pages 117-124, April.
    • Handle: RePEc:cup:agrerw:v:27:y:1998:i:01:p:117-124_00
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S1068280500001751/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Lynch, Sarah & Smith, Katherine R., 1994. "Lean, Mean and Green ... Designing Farm Support Programs in a New Era," Policy Studies Program Reports, Henry A. Wallace Institute for Alternative Agriculture, number 134108, January.
    2. Poe, Gregory L., 1997. "Extra-Market Values and Conflicting Agriculture Environmental Policies," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 12(3), pages 1-5.
    3. Parks P. J. & Kramer R. A., 1995. "A Policy Simulation of the Wetlands Reserve Program," Journal of Environmental Economics and Management, Elsevier, vol. 28(2), pages 223-240, March.
    4. John E. Anderson & Howard C. Bunch, 1989. "Agricultural Property Tax Relief: Tax Credits, Tax Rates, and Land Values," Land Economics, University of Wisconsin Press, vol. 65(1), pages 13-22.
    5. Marc O. Ribaudo & C. Tim Osborn & Kazim Konyar, 1994. "Land Retirement as a Tool for Reducing Agricultural Nonpoint Source Pollution," Land Economics, University of Wisconsin Press, vol. 70(1), pages 77-87.
    6. Wiebe, Keith D. & Heimlich, Ralph E., 1995. "The Evolution of Federal Wetlands Policy," Choices, Agricultural and Applied Economics Association, vol. 10(1).
    7. Ralph E. Heimlich, 1994. "Costs of an Agricultural Wetland Reserve," Land Economics, University of Wisconsin Press, vol. 70(2), pages 234-246.
    8. Runge, C. Ford, 1994. "Designing Green Support: Incentive Compatibility And The Commodity Programs," Working Papers 14462, University of Minnesota, Center for International Food and Agricultural Policy.
    9. Lynch, Sarah, 1994. "Designing Green Support Programs," Policy Studies Program Reports, Henry A. Wallace Institute for Alternative Agriculture, number 134111, January.
    10. Wiebe, Keith D. & Heimlich, Ralph E., 1995. "The Evolution of Federal Wetlands Policy," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 10(1), pages 1-6.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Whitten, Stuart M., 2001. "‘If you build them, will they pay?’ – Institutions for private sector nature conservation," 2001 Conference (45th), January 23-25, 2001, Adelaide, Australia 126061, Australian Agricultural and Resource Economics Society.
    2. Peterson, Jeffrey M. & Boisvert, Richard N., 2001. "Control of Nonpoint Source Pollution Through Voluntary Incentive-Based Policies: An Application to Nitrate Contamination in New York," Agricultural and Resource Economics Review, Cambridge University Press, vol. 30(2), pages 127-138, October.
    3. Lubowski, Ruben N. & Plantinga, Andrew J. & Stavins, Robert N., 2003. "Determinants of Land-Use Change In the United States 1982-1997," Discussion Papers 10714, Resources for the Future.
    4. Ando, Amy W. & Getzner, Michael, 2006. "The roles of ownership, ecology, and economics in public wetland-conservation decisions," Ecological Economics, Elsevier, vol. 58(2), pages 287-303, June.
    5. Jordan F. Suter & Gregory L. Poe & Nelson L. Bills, 2008. "Do Landowners Respond to Land Retirement Incentives? Evidence from the Conservation Reserve Enhancement Program," Land Economics, University of Wisconsin Press, vol. 84(1), pages 17-30.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Poe, Gregory, 1997. ""Maximizing the Environmental Benefits per Dollar Expended" An Economic Interpretation and Review of Agricultural Environmental Benefits and Costs," EB Series 186405, Cornell University, Department of Applied Economics and Management.
    2. Batie, Sandra S., 1999. "Green Payments As Foreshadowed By Eqip," Staff Paper Series 11750, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    3. Joseph Cooper & Giovanni Signorello, 2008. "Farmer Premiums for the Voluntary Adoption of Conservation Plans," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 51(1), pages 1-14.
    4. Bruce A. Babcock & John C. Beghin & Michael D. Duffy & Hongli Feng & Brent Hueth & Catherine L. Kling & Lyubov A. Kurkalova & Uwe A. Schneider & Silvia Secchi & Quinn Weninger & Jinhua Zhao, 2001. "Conservation Payments: Challenges in Design and Implementation," Center for Agricultural and Rural Development (CARD) Publications 01-bp34, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    5. Antle, John M. & Capalbo, Susan Marie & Mooney, Sian & Elliott, Edward T. & Paustian, Keith H., 2000. "Economics Of Agricultural Soil Carbon Sequestration In The Northern Great Plains," 2000 Annual meeting, July 30-August 2, Tampa, FL 21879, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    6. Jaroszewski, Laura & Poe, Gregory L. & Boisvert, Richard N., 2000. "Allocating Land To New York'S Conservation Reserve Enhancement Program To Maximize Net Environmental Benefits," 2000 Annual meeting, July 30-August 2, Tampa, FL 21882, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    7. Batie, Sandra S., 1994. "Designing A Successful Voluntary Green Support Program: What Do We Know?," Staff Paper Series 11824, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    8. Joseph C. Cooper, 2003. "A Joint Framework for Analysis of Agri-Environmental Payment Programs," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 85(4), pages 976-987.
    9. Heimlich, Ralph E. & Claassen, Roger, 1998. "Agricultural Conservation Policy At A Crossroads," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 27(1), pages 1-13, April.
    10. Linda Fernandez & Larry Karp, 1998. "Restoring Wetlands Through Wetlands Mitigation Banks," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 12(3), pages 323-344, October.
    11. Johansson, Robert C. & Claassen, Roger & Peters, Mark, 2002. "New Conservation Initiatives In The 2002 Farm Bill," 2002 Annual meeting, July 28-31, Long Beach, CA 19760, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    12. Debertin, David L. & Pagoulatos, Angelos, 2015. "Production Practices and Systems in Sustainable Agriculture," Staff Papers 200248, University of Kentucky, Department of Agricultural Economics.
    13. Poe, Gregory L., 1996. "Taxation and Participation in Federal Easement Programs: Evidence from the 1992 Pilot Wetlands Reserve Program," Working Papers 127899, Cornell University, Department of Applied Economics and Management.
    14. Peterson, Jeffrey M. & Boisvert, Richard N., 2000. "Optimal Land Conversion At The Rural-Urban Fringe With Positive And Negative Agricultural Externalities," 2000 Annual meeting, July 30-August 2, Tampa, FL 21722, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    15. Robert N. Stavins, 1998. "A Methodological Investigation of the Costs of Carbon Sequestration," Journal of Applied Economics, Taylor & Francis Journals, vol. 1(2), pages 231-277, November.
    16. Ribaudo, Marc O. & Heimlich, Ralph & Claassen, Roger & Peters, Mark, 2001. "Least-cost management of nonpoint source pollution: source reduction versus interception strategies for controlling nitrogen loss in the Mississippi Basin," Ecological Economics, Elsevier, vol. 37(2), pages 183-197, May.
    17. Wilson, Joshua & Thilmany, Dawn D., 2005. "Exploring Spillover Effect of Public Investments in Conservation Programs onto Agritourism," 2005 Annual meeting, July 24-27, Providence, RI 19189, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    18. Xie, Hualin & Wang, Wei & Zhang, Xinmin, 2018. "Evolutionary game and simulation of management strategies of fallow cultivated land: A case study in Hunan province, China," Land Use Policy, Elsevier, vol. 71(C), pages 86-97.
    19. Powell, Mark R. & Wilson, James D., 1997. "Risk Assessment for National Natural Resource Conservation Programs," Discussion Papers 10859, Resources for the Future.
    20. Anderson, John D. & Parkhurst, Gregory M., 2004. "Economic Comparison of Commodity and Conservation Program Benefits: An Example from the Mississippi Delta," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 36(2), pages 415-424, August.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:agrerw:v:27:y:1998:i:01:p:117-124_00. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/age .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.