Distinguishing between Whole-Farm vs. Partial-Farm Participation in the Conservation Reserve Program
将农场参与保护储备计划(CRP)的决策分为是否参与和全农场或部分农场参与两个独立二元决策,发现农场特征对不同决策的影响不同,并阐明CRP支付对参与面积的正负效应条件。
By distinguishing between the decision to participate in the conservation reserve program (CRP) and the decision for whole-farm vs. part-farm participation, we model participation as separate binary decisions. Our results suggest the farm characteristics and other factors affect the decision to participate in CRP differently than the decision regarding whole-farm vs. part-farm participation. This model formulation also helps to clarify the conditions under which the effect of CRP payments on the acreage enrolled in the program is positive or negative. <i></i>