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Costs of an Agricultural Wetland Reserve

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  • Ralph E. Heimlich

Abstract

The Food, Agriculture, Conservation and Trade Act of 1990 included a Wetland Reserve Program (WRP). Eligibility and costs for wetland restoration were estimated using data from several large data bases. Estimated minimum costs increased from $286 million for a 1-million-acre reserve to $3.8 billion for 5 million acres, drawn from 55.2 million acres of eligible cropland. The use of eight regional bidding pools increased total costs 32 percent over a single national pool. Proportional enrollment was the most expensive of three simulated strategies. Enrollment patterns and costs per acre for USDA's nine-state pilot program differed from simulated strategies.

Suggested Citation

  • Ralph E. Heimlich, 1994. "Costs of an Agricultural Wetland Reserve," Land Economics, University of Wisconsin Press, vol. 70(2), pages 234-246.
    • Handle: RePEc:uwp:landec:v:70:y:1994:i:2:p:234-246
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    Cited by:

    1. Gelso, Brett R. & Fox, John A., 2001. "Costs Of Wetland Restrictions To Kansas Agricultural Producers," 2001 Annual Meeting, July 8-11, 2001, Logan, Utah 36115, Western Agricultural Economics Association.
    2. Fernandez, Linda & Karp, Larry, 1994. "Wetlands Mitigation Banks: A Developer's Investment Problem," CUDARE Working Papers 201376, University of California, Berkeley, Department of Agricultural and Resource Economics.
    3. Heimlich, Ralph E. & Wiebe, Keith D. & Claassen, Roger & Gadsby, Dwight M. & House, Robert M., 1998. "Wetlands and Agriculture: Private Interests and Public Benefits," Agricultural Economic Reports 34043, United States Department of Agriculture, Economic Research Service.
    4. Olof Byström, 2000. "The Replacement Value of Wetlands in Sweden," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 16(4), pages 347-362, August.
    5. 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.
    6. Bostian, Moriah B. & Dupraz, Pierre & Minviel, Jean Joseph, 2015. "Production effects of wetland conservation: evidence from France," Working Papers 210465, Institut National de la recherche Agronomique (INRA), Departement Sciences Sociales, Agriculture et Alimentation, Espace et Environnement (SAE2).
    7. 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, Southern Agricultural Economics Association, vol. 36(2), pages 1-10, August.
    8. 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).
    9. 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.
    10. 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.
    11. 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).
    12. 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).
    13. 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.
    14. Eric Asare & Lloyd‐Smith Patrick & Belcher Kenneth, 2022. "Spatially explicit modeling of wetland conservation costs in Canadian agricultural landscapes," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 70(1), pages 5-19, March.
    15. Shultz, Steven D. & Taff, Steven J., 2003. "Implicit Prices Of Wetland Easements," 2003 Annual meeting, July 27-30, Montreal, Canada 22163, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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