The US Conservation Reserve Program: The evolution of an enrollment mechanism
Hellerstein, DM
HERO ID
7643448
Reference Type
Journal Article
Year
2017
Language
English
| HERO ID | 7643448 |
|---|---|
| In Press | No |
| Year | 2017 |
| Title | The US Conservation Reserve Program: The evolution of an enrollment mechanism |
| Authors | Hellerstein, DM |
| Journal | Land Use Policy |
| Volume | 63 |
| Page Numbers | 601-610 |
| Abstract | The United States Department of Agriculture’s Conservation Reserve Program (CRP) has evolved from near open enrollment, to competitive enrollment, and now to a mixture of competitive and targeted enrollment. This paper reviews the history of the CRP and the evolution of its enrollment mechanism. I discuss the use of bid caps and the Environmental Benefits Index bid ranking mechanism in the “general” CRP; and the use of highly targeted, but non-competitive, “continuous” CRP. Possible challenges of these designs are discussed, and alternative auction mechanisms are considered that could be more cost effective. |
| Doi | 10.1016/j.landusepol.2015.07.017 |
| Wosid | CCC:000401398600057 |
| Is Certified Translation | No |
| Dupe Override | No |
| Is Public | Yes |
| Language Text | English |
| Keyword | conservation reserve program; enrollment mechanism; CRP; auctions; bid caps; environmental benefits index; general signup; reference price auction; quota price auction |