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Targeting Resource Conservation Expenditiures

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  • Wu, JunJie
  • Adams, Richard M.
  • Zilberman, David
  • Babcock, Bruce A.

Abstract

Payments to landowners are a major vehicle to assure resource conservation and environmental protection. Examples of payment programs are listed in the sidebar, page. 34. Some of these programs (1, 2 and 3) compensate resource owners for changing resource uses while others (4, 5 and 6) involve the outright purchase of a resource. For example, the Conservation Reserve Program (CRP) has compensated landowners to retire 37 million acres of highly erodible cropland at a current annual cost of approximately $1.9 billion, and the Nature Conservancy has protected more than 11 million acres of environmentally valuable land in the United States through purchase of donation.

Suggested Citation

  • Wu, JunJie & Adams, Richard M. & Zilberman, David & Babcock, Bruce A., 2000. "Targeting Resource Conservation Expenditiures," ISU General Staff Papers 200001010800001537, Iowa State University, Department of Economics.
    • Handle: RePEc:isu:genstf:200001010800001537
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    Cited by:

    1. Grout, Cyrus A., 2009. "Incentives for Spatially Coordinated Land Conservation: A Conditional Agglomeration Bonus," Western Economics Forum, Western Agricultural Economics Association, vol. 8(2), pages 1-9.
    2. Sinden, Jack, 2003. "Editorial - Decision rules, government rules, and the costs of vegetation protection in New South Wales," Journal of Forest Economics, Elsevier, vol. 9(1), pages 1-4.

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