Semantic Scholar Open Access 2017 165 sitasi

The US Conservation Reserve Program: The evolution of an enrollment mechanism

Daniel Hellerstein

Abstrak

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.

Topik & Kata Kunci

Penulis (1)

D

Daniel Hellerstein

Format Sitasi

Hellerstein, D. (2017). The US Conservation Reserve Program: The evolution of an enrollment mechanism. https://doi.org/10.1016/J.LANDUSEPOL.2015.07.017

Akses Cepat

Informasi Jurnal
Tahun Terbit
2017
Bahasa
en
Total Sitasi
165×
Sumber Database
Semantic Scholar
DOI
10.1016/J.LANDUSEPOL.2015.07.017
Akses
Open Access ✓