Carbon supply elasticity and determinants of farmer carbon farming decisions

IF 3.3 2区 经济学 Q2 AGRICULTURAL ECONOMICS & POLICY Applied Economic Perspectives and Policy Pub Date : 2024-05-13 DOI:10.1002/aepp.13442
Tong Wang, Hailong Jin, David Clay, Heidi L. Sieverding, Stephen Cheye
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Abstract

This paper analyzed farmers' willingness to accept (WTA) payment and uncertainties toward carbon market through a 2021 U.S. Midwest farmer survey. The findings showed that farmer carbon supply was elastic at intermediate prices ($20–50/Mg), but inelastic at low ($10–20/Mg) and high ($50–70/Mg) price levels. While perceived co-benefits play significant roles in promoting participation at low-price levels, variables such as age, education, farm size, and soil quality are more likely to influence producers' choices at intermediate- and high-price levels. To enhance farmers' support for carbon programs, measures should be taken to improve benefit, while reducing cost and uncertainty.

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碳供应弹性和农民碳耕作决策的决定因素
本文通过 2021 年美国中西部农民调查,分析了农民对碳市场的支付意愿和不确定性。调查结果显示,农民的碳供应在中间价格(20-50 美元/毫克)时具有弹性,但在低价(10-20 美元/毫克)和高价(50-70 美元/毫克)时则缺乏弹性。虽然感知到的共同利益在促进低价格水平的参与方面发挥了重要作用,但年龄、教育程度、农场规模和土壤质量等变量更有可能影响生产者在中间价格和高价格水平的选择。为提高农民对碳计划的支持,应采取措施提高收益,同时降低成本和不确定性。
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来源期刊
Applied Economic Perspectives and Policy
Applied Economic Perspectives and Policy AGRICULTURAL ECONOMICS & POLICY-
CiteScore
10.70
自引率
6.90%
发文量
117
审稿时长
>12 weeks
期刊介绍: Applied Economic Perspectives and Policy provides a forum to address contemporary and emerging policy issues within an economic framework that informs the decision-making and policy-making community. AEPP welcomes submissions related to the economics of public policy themes associated with agriculture; animal, plant, and human health; energy; environment; food and consumer behavior; international development; natural hazards; natural resources; population and migration; and regional and rural development.
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