Carbon supply elasticity and determinants of farmer carbon farming decisions
Wang, Tong
Carbon supply elasticity and determinants of farmer carbon farming decisions - Applied Economic Perspectives and Policy 2024 - 1190-1213
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 (
2040-5804
Carbon Markets
Farmer Survey
Price Elasticity of Supply
Uncertainty
Willingness to Accept (WTA)
Carbon Sequestration
Carbon supply elasticity and determinants of farmer carbon farming decisions - Applied Economic Perspectives and Policy 2024 - 1190-1213
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 (
2040-5804
Carbon Markets
Farmer Survey
Price Elasticity of Supply
Uncertainty
Willingness to Accept (WTA)
Carbon Sequestration