000			01574nas a2200265Ia 4500
008			241107c99999999xx |||||||||||| ||und||
022			_a2040-5804
100			_aWang, Tong _9123027
245		0	_aCarbon supply elasticity and determinants of farmer carbon farming decisions
260			_bApplied Economic Perspectives and Policy
260			_c2024
300			_a1190-1213
520			_aThis 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.
650			_a Carbon Markets _9123028
650			_a Farmer Survey _9123029
650			_a Price Elasticity of Supply _9123030
650			_a Uncertainty _922125
650			_a Willingness to Accept (WTA) _9123031
650			_aCarbon Sequestration _9122104
700			_a Cheye, Stephen _9123032
700			_a Clay, David _9123033
700			_a Jin, Hailong _9123034
700			_a Sieverding, Heidi L. _9123035
856			_uhttps://onlinelibrary.wiley.com/doi/abs/10.1002/aepp.13442
999			_c134417 _d134417