Farmland Rental Rates: Does Organic Certification Matter?
利用美国农场数据，估计了农民为租用有机认证农田比常规农田多付的租金溢价，发现溢价达26%且并非由更高利润驱动，这阻碍了租户转向有机种植。
We estimate U.S. organic farmers' marginal willingness to pay to rent an acre of certified organic land relative to conventional farmland. Using a selection-on-observables design and farm-level data on farmland rental rates, organic status, and many conditioning variables, we address the role of profitability in mediating the effect of organic status. We find a 26% rental rate premium for organic farmland not driven by higher profits on organic farms. This premium is a modest incentive for landowners but a barrier for tenants to convert to organic farming practices, which may explain limited growth in U.S.