Conservation Policy and Land Value: The Conservation Reserve Program
Resource information
Date of publication
December 2005
Resource Language
ISBN / Resource ID
AGRIS:US2016221405
This paper quantifies the effects of the Conservation Reserve Program (CRP) on farmland and developed land prices. Results show that the CRP increases farmland and developed land prices by 1.8% and 0.6%, respectively, on national average, with the largest increases in the Mountain, Southern Plains, and Northern Plains.