保护与社区：保护区计划对当地经济的影响（英）

Yanjun (Penny) Liao, Matthew Wibbenmeyer, Hannah Druckenmiller,Richard Iovanna, Alexandra Thompson, and Brandon Holmes About the Authors Yanjun (Penny) Liaois an economist and fellow at Resources for the Future (RFF).Liao’s research primarily focuses on issues of natural disaster risk management andclimate adaptation. She has studied the impacts of disasters on local governmentbudgets, housing markets, and demographic changes. Her ongoing work investigateshow disaster insurance interacts with the housing and mortgage sector, as well as theeconomic and fiscal impacts of adaptation policies on local communities. Liao earned Matthew Wibbenmeyeris a fellow at RFF. Wibbenmeyer’s research studies climateimpacts and mitigation within the US land sector, with a special emphasis on wildfireimpacts and management. US wildfire activity has accelerated in recent years, leading Hannah Druckenmilleris an assistant professor of economics and a William H. HurtScholar at the California Institute of Technology (Caltech). Druckenmiller is also auniversity fellow at RFF, research fellow at the National Bureau of Economic Research,and an affiliate of Caltech’s Linde Center for Science, Society, and Policy. She receivedher PhD in Agricultural and Resource Economics from UC Berkeley. Her research aims Richard Iovannais a senior agricultural economist at the US Department of AgricultureFarm Production and Conservation Business Center. Prior to his current role, he was anEconomist at the US Enviornmental Protection Agency. He earned his Master of PublicAffairs at Princeton University. Iovanna’s research focuses on efficient conservation Alexandra Thompsonis a senior research associate and the Geographic InformationSystem (GIS) Coordinator at RFF. Thompson is an expert on using spatial data toaddress environmental and socioeconomic challenges. Her current efforts are focusedon understanding national land use and protection pathways for climate transitions Brandon Holmesjoined RFF as a research analyst in October 2023. Before workingat RFF, Holmes earned his MSc in Environmental and Natural Resource Economics atDurham University in the United Kingdom, writing his thesis on the impact of floodzoning on house prices with respect to property elevation. A native of the Washington,DC area, Holmes has previously interned at the Environmental Law Institute, the AES Disclaimer The findings and conclusions in this report are those of the authors and should not beconstrued to represent any official US Department of Agriculture or US Government Acknowledgements This material is based upon work supported by the US Department of Agriculture,under agreement number FSA23CPT0013574. Any opinions, findings, conclusions,or recommendations expressed in this publication are those of the author(s) and donot necessarily reflect the views of the US Department of Agriculture. In addition, About RFF Resources for the Future (RFF) is an independent, nonprofit research institution inWashington, DC. Its mission is to improve environmental, energy, and natural resourcedecisions through impartial economic research and policy engagement. RFF iscommitted to being the most widely trusted source of research insights and policy The views expressed here are those of the individual authors and may differ from thoseof other RFF experts, its officers, or its directors. Sharing Our Work Our work is available for sharing and adaptation under an Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) license. Youcan copy and redistribute our material in any medium or format; you must giveappropriate credit, provide a link to the license, and indicate if changes were made,and you may not apply additional restrictions. You may do so in any reasonablemanner, but not in any way that suggests the licensor endorses you or your use.You may not use the material for commercial purposes. If you remix, transform, or Executive Summary The Conservation Reserve Program (CRP), the nation’s largest working-landsconservation program, retires environmentally sensitive cropland in exchange for rentalpayments. While CRP’s ecological benefits are well documented, its socioeconomiceffects on rural communities are less understood, though they are central to ongoingpolicy debates regarding the program’s future. This report provides a comprehensive CRP generates modest but measurable gains in nearby residential property values. Using a repeat-sales hedonic framework and a data set of more than 12 milliontransactions, we find that increases in CRP enrollment near a home raise sale prices.A 10-hectare increase in CRP land within 1 km increases property values by about0.5–0.7 percent. Tree-cover CRP generates the greatest gains, at roughly 2 percent forthe same increment, likely reflecting salient aesthetic improvements, wildlife habitatrestoration, and enhanced recreational amenities. Based on current CRP enrollments, CRP enrollment supports rural economic acti