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 Subsidies! The Other Incentive‐Based Instrument: The Case of the Conservation Reserve Program

Hongli Feng, Catherine Kling, Lyubov Kurkalova, and Silvia Secchi

in Moving to Markets in Environmental Regulation: Lessons from Twenty Years of Experience

Published in print:
2006
Published Online:
January 2007
ISBN:
9780195189650
eISBN:
9780199783694
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195189650.003.0009
Subject:
Economics and Finance, Development, Growth, and Environmental

This essay studies a very large and important example of an environmental subsidy program — the Conservation Reserve Program (CRP). The CRP was introduced in 1985. It investigates how much less ... More


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