TY - JOUR
T1 - Is geographical targeting cost-effective? The case of the conservation reserve enhancement program in Illinois
AU - Yang, Wanhong
AU - Khanna, Madhu
AU - Farnsworth, Richard
AU - Önal, Hayri
PY - 2005/3
Y1 - 2005/3
N2 - This paper uses economic, hydrologic, and GIS modeling to assess the effectiveness of the Illinois Conservation Reserve Enhancement Program in the Lower Sangamon watershed. Our results show that for a representative five-year storm event, the acres currently enrolled in the program result in a 12% reduction in sediment loading, which is below the program goal of 20% and four times the least-cost solution. We also analyze the design of alternative rental payment instruments for improving the cost-effectiveness of geographical targeting for land retirement. Policy implications for the characteristics of the land parcels that should be targeted for enrollment in the program are discussed.
AB - This paper uses economic, hydrologic, and GIS modeling to assess the effectiveness of the Illinois Conservation Reserve Enhancement Program in the Lower Sangamon watershed. Our results show that for a representative five-year storm event, the acres currently enrolled in the program result in a 12% reduction in sediment loading, which is below the program goal of 20% and four times the least-cost solution. We also analyze the design of alternative rental payment instruments for improving the cost-effectiveness of geographical targeting for land retirement. Policy implications for the characteristics of the land parcels that should be targeted for enrollment in the program are discussed.
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U2 - 10.1111/j.1467-9353.2004.00208.x
DO - 10.1111/j.1467-9353.2004.00208.x
M3 - Review article
AN - SCOPUS:28044472258
SN - 1058-7195
VL - 27
SP - 70
EP - 88
JO - Review of Agricultural Economics
JF - Review of Agricultural Economics
IS - 1
ER -