Slippage Effects of the Conservation Reserve Program: Reply |
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| Authors: | JunJie Wu |
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| Affiliation: | JunJie Wu is professor in the Department of Agricultural and Resource Economics, Oregon State University. |
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| Abstract: | Given that the Conservation Reserve Program (CRP) costs taxpayers $2 billion per year and remains the largest conservation program in U.S. history, Roberts and Bucholtz are to be commended for revisiting the slippage issue. However, their central point that regional variation in CRP acreage is endogenous is inconsistent with CRP implementation rules and data. Thus, it is not surprising that the null hypothesis of exogeneity cannot be rejected by statistical tests. |
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| Keywords: | slippage effects conservation programs |
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