Farmland Rental Rates: Does Organic Certification Matter?
研究美国有机农田相对传统农田的租赁溢价，发现有机农田租金高出26%，且并非由更高利润驱动，这对土地所有者是激励，但对租户转为有机种植构成障碍。
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.