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Farmers’ Willingness to Participate in Best Management Practices in Kentucky

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  • Zhong, Hua
  • Hu, Wuyang

Abstract

This article investigates farmers’ willingness to participate in the best management practices (BMPs) through a proposed Water Quality Trading (WQT) program in Kentucky. This analysis includes two parts; the first part is to investigate the factors influencing farmers’ current usage of BMPs; the second part is to estimate farmers’ willingness to implement BMPs given different levels of compensation proposed through a survey. The results show that farmers who participate in conservation programs from the USDA are more likely to use BMPs, but these farmers may not accept the offer to implement additional BMPs. Farmers’ perceptions about BMPs are more likely to convince them to adopt additional BMPs than the amount of compensation/cost-share offered through WQT. The results also find that the probabilities of fencing off animals and building up waste storage facility are positively correlated with the levels of compensation.

Suggested Citation

  • Zhong, Hua & Hu, Wuyang, 2014. "Farmers’ Willingness to Participate in Best Management Practices in Kentucky," 2014 Annual Meeting, February 1-4, 2014, Dallas, Texas 162462, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saea14:162462
    DOI: 10.22004/ag.econ.162462
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    Cited by:

    1. David Conner & Jennifer Miller & Asim Zia & Qingbin Wang & Heather Darby, 2016. "Conjoint Analysis of Farmers’ Response to Conservation Incentives," Sustainability, MDPI, vol. 8(7), pages 1-15, July.
    2. repec:ags:aaea22:335650 is not listed on IDEAS
    3. Tingting Liu & Randall J. F. Bruins & Matthew T. Heberling, 2018. "Factors Influencing Farmers’ Adoption of Best Management Practices: A Review and Synthesis," Sustainability, MDPI, vol. 10(2), pages 1-26, February.

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    More about this item

    Keywords

    Environmental Economics and Policy;

    JEL classification:

    • Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q52 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Pollution Control Adoption and Costs; Distributional Effects; Employment Effects

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