Do Landowners Respond to Land Retirement Incentives? Evidence from the Conservation Reserve Enhancement Program
研究美国保护储备增强计划中土地所有者对休耕激励的反应,发现一次性激励比年度激励更能有效提高参与率,对政策设计有参考价值。
Previous research on incentive responsivness in voluntary land retirement programs has utilized either hypothetical contingent response methods or actual aggregate enrollment data, both of which suffer from potential biases. In this paper, we analyze program participation in the binary-choice setting of the Conservation Reserve Enhancement Program (CREP) using data from six states. Our results suggest that landowners react positively to the incentives that are offered and that increases in onetime incentives, offered at the time of signup, are a more cost-effective means to increase enrollment than increases in the incentives offered on an annual basis. <i></i>