农业保护计划中的合同违约行为：来自美国路易斯安那州的小组证据

IF 1.3 Q3 AGRICULTURAL ECONOMICS & POLICY

Agricultural and Resource Economics Review Pub Date : 2024-01-12 DOI:10.1017/age.2023.39

S. Pathak, Hua Wang, Naveen C. Adusumilli

{"title":"农业保护计划中的合同违约行为：来自美国路易斯安那州的小组证据","authors":"S. Pathak, Hua Wang, Naveen C. Adusumilli","doi":"10.1017/age.2023.39","DOIUrl":null,"url":null,"abstract":"\n Cost-share contracts, offered through working lands programs, are instrumental in addressing environmental externalities from agriculture and generating ecosystem services. However, the persistent trend of noncompliance with cost-share contractual terms has become a problem for funding agencies and policymakers. This paper aims to study noncompliance issues within the US working lands programs using historical county-level panel data (1997–2019) from Louisiana. The results show that noncompliance is attributed more to cancellations than terminations due to flexible provisions within the cancellation option. The significant incentive effect of payment obligations reveals that revisiting payment rates could reduce contract noncompliance and mitigate moral hazard.","PeriodicalId":44443,"journal":{"name":"Agricultural and Resource Economics Review","volume":null,"pages":null},"PeriodicalIF":1.3000,"publicationDate":"2024-01-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Contract noncompliance in agricultural conservation programs: Panel evidence from Louisiana, USA\",\"authors\":\"S. Pathak, Hua Wang, Naveen C. Adusumilli\",\"doi\":\"10.1017/age.2023.39\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"\\n Cost-share contracts, offered through working lands programs, are instrumental in addressing environmental externalities from agriculture and generating ecosystem services. However, the persistent trend of noncompliance with cost-share contractual terms has become a problem for funding agencies and policymakers. This paper aims to study noncompliance issues within the US working lands programs using historical county-level panel data (1997–2019) from Louisiana. The results show that noncompliance is attributed more to cancellations than terminations due to flexible provisions within the cancellation option. The significant incentive effect of payment obligations reveals that revisiting payment rates could reduce contract noncompliance and mitigate moral hazard.\",\"PeriodicalId\":44443,\"journal\":{\"name\":\"Agricultural and Resource Economics Review\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":1.3000,\"publicationDate\":\"2024-01-12\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Agricultural and Resource Economics Review\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1017/age.2023.39\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"AGRICULTURAL ECONOMICS & POLICY\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Agricultural and Resource Economics Review","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1017/age.2023.39","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"AGRICULTURAL ECONOMICS & POLICY","Score":null,"Total":0}

引用次数: 0

摘要

通过工作地计划提供的成本分担合同有助于解决农业带来的环境外部性问题并产生生态系统服务。然而，不遵守成本分担合同条款的趋势持续存在，这已成为资助机构和政策制定者面临的一个问题。本文旨在利用路易斯安那州的历史县级面板数据（1997-2019 年）研究美国周转土地项目中的违规问题。研究结果表明，由于取消选项中的灵活规定，不履约的原因更多的是取消，而不是终止。付款义务的显着激励效应表明，重新审视付款率可以减少合同违约并降低道德风险。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

查看原文本刊更多论文

Contract noncompliance in agricultural conservation programs: Panel evidence from Louisiana, USA

Cost-share contracts, offered through working lands programs, are instrumental in addressing environmental externalities from agriculture and generating ecosystem services. However, the persistent trend of noncompliance with cost-share contractual terms has become a problem for funding agencies and policymakers. This paper aims to study noncompliance issues within the US working lands programs using historical county-level panel data (1997–2019) from Louisiana. The results show that noncompliance is attributed more to cancellations than terminations due to flexible provisions within the cancellation option. The significant incentive effect of payment obligations reveals that revisiting payment rates could reduce contract noncompliance and mitigate moral hazard.

求助全文

通过发布文献求助，成功后即可免费获取论文全文。去求助

来源期刊

Agricultural and Resource Economics Review AGRICULTURAL ECONOMICS & POLICY-

CiteScore

2.20

自引率

0.00%

发文量

审稿时长

19 weeks

期刊介绍： The purpose of the Review is to foster and disseminate professional thought and literature relating to the economics of agriculture, natural resources, and community development. It is published twice a year in April and October. In addition to normal refereed articles, it also publishes invited papers presented at the annual meetings of the NAREA as well as abstracts of selected papers presented at those meetings. The Review was formerly known as the Northeastern Journal of Agricultural and Resource Economics