Economics, Center for Agricultural and Rural Development
Journal or Book Title
First Page or Article ID Number
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.
Agricultural and Applied Economics Association
Wu, JunJie; Adams, Richard M.; Zilberman, David; and Babcock, Bruce A., "Targeting Resource Conservation Expenditiures" (2000). Economics Publications. 537.
Agricultural and Resource Economics Commons, Growth and Development Commons, Income Distribution Commons, Industrial Organization Commons, Other Economics Commons, Public Economics Commons, Regional Economics Commons