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Hongli Feng
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Assistant Professor of Economics
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About Hongli Feng
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Adjunct Associate Professor of Economics,
Iowa State University
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Agricultural and Resource Economics
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377 Heady
Ames, IA 50011-1070
515-294-6307
515-294-0221 fax
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CARD Working Papers
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CARD Working Papers
(26)
Unpublished Paper
Role of Ethanol Plants in Dakotas Land Use Change: Incorporating ...
CARD Working Papers (2016)
Gaurav Arora, Peter T. Wolter, Hongli Feng and David A. Hennessy
The focus of this study is the Dakotas’ recent land use transitions from grass to corn and soybean cultivation. Recent ...
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Unpublished Paper
Land Use Change and Policy in Iowa’s Loess Hills
CARD Working Papers (2015)
Gaurav Arora, Peter T. Wolter, David A. Hennessy and Hongli Feng
We consider land use change in Iowa’s Loess Hills, which contain much of the state’s remaining prairie grassland. Although crop ...
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Unpublished Paper
Land Resilience and Tail Dependence among Crop Yield Distributions
CARD Working Papers (2015)
Xiaodong Du, David A. Hennessy and Hongli Feng
Rate setting procedures for United States crop yield and revenue insurance contracts employ methods that presume correlations to be state ...
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Unpublished Paper
Assessing Cost-Effectiveness of the Conservation Reserve Program and its Interaction ...
CARD Working Papers (2014)
Ruiqing Miao, Hongli Feng, David A. Hennessy and Xiaodong Du
Strong demand for agricultural commodities, high crop prices and pressure to reduce government budget deficits heighten the need for land ...
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Unpublished Paper
Rationality of Choices in Subsidized Crop Insurance Markets
CARD Working Papers (2014)
Xiaodong Du, Hongli Feng and David A. Hennessy
The U.S. crop insurance market has several features that set it apart from other insurance markets. These include:(a) explicit government ...
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Unpublished Paper
Native Grassland Conversion: the Roles of Risk Intervention and Switching ...
CARD Working Papers (2013)
Ruiqing Miao, David A. Hennessy and Hongli Feng
We develop a real option model of the irreversible native grassland conversion decision. Upon plowing, native grassland can be followed ...
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Unpublished Paper
The Effects of Crop Insurance Subsidies and Sodsaver on Land ...
CARD Working Papers (2012)
Ruiqing Miao, David A. Hennessy and Hongli Feng
There have long been concerns that federal crop insurance subsidies may significantly impact land use decisions. It is well known ...
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Unpublished Paper
A Paradox for Agro-Environmental Land Policy
CARD Working Papers (2009)
David A. Hennessy and Hongli Feng
A regulator with a fixed budget to spend on securing environmental benefits from farmed land has to choose between how ...
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Unpublished Paper
Impacts of Ethanol on Planted Acreage in Market Equilibrium
CARD Working Papers (2008)
Hongli Feng and Bruce A. Babcock
Land use impacts of biofuel expansion have attracted a tremendous amount of attention because of the implications for the climate, ...
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Unpublished Paper
Greenhouse Gas Impacts of Ethanol from Iowa Corn: Life Cycle ...
CARD Working Papers (2008)
Hongli Feng, Ofir D. Rubin and Bruce A. Babcock
Life cycle analysis (LCA) is the standard approach used to evaluate the greenhouse gas (GHG) benefits of biofuels. However, it ...
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Unpublished Paper
Green Payments and Dual Policy Goals
CARD Working Papers (2007)
Hongli Feng
We use a mechanism design framework to analyze the optimal design of green payment policies with the dual goals of ...
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Unpublished Paper
Optimal Design of Permit Markets with an Ex Ante Pollution ...
CARD Working Papers (2006)
Sergey S. Rabotyagov, Hongli Feng and Catherine L. Kling
In this paper, we examine the design of permit trading programs when the objective is to minimize the cost of ...
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Unpublished Paper
Production and Abatement Distortions under Noisy Green Taxes
CARD Working Papers (2005)
Hongli Feng and David A. Hennessy
Pigouvian taxes are typically imposed in situations where there is imperfect knowledge on the extent of damage caused by a ...
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Unpublished Paper
The Conservation Reserve Program in the Presence of a Working ...
CARD Working Papers (2005)
Hongli Feng, Catherine L. Kling, Lyubov A. Kurkalova, Silvia Secchi, et al.
The United States has invested large sums of resources in multiple conservation programs for agriculture over the past century. In ...
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Unpublished Paper
The Consequences of Co-benefits for the Efficient Design of Carbon ...
CARD Working Papers (2005)
Hongli Feng and Catherine L. Kling
In this paper, we study the social efficiency of private carbon markets that include trading in agricultural soil carbon sequestration ...
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Unpublished Paper
The Designation of Co-benefits and Its Implication for Policy: Water ...
CARD Working Papers (2005)
Silvia Secchi, Manoj K. Jha, Lyubov A. Kurkalova, Hongli Feng, et al.
This study investigates the implications of treating different environmental benefits as the primary target of policy design. We focus on ...
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Unpublished Paper
The Dynamics of Carbon Sequestration and Alternative Carbon Accounting, with ...
CARD Working Papers (2005)
Hongli Feng
Carbon sequestration is a temporal process in which carbon is continuously being stored/released over time. Different methods of carbon accounting ...
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Unpublished Paper
Economic and Environmental Co-benefits of Carbon Sequestration in Agricultural Soils ...
CARD Working Papers (2005)
Hongli Feng, Lyubov A. Kurkalova, Catherine L. Kling and Philip W. Gassman
This study investigates the carbon sequestration potential and co-benefits from policies aimed at retiring agricultural land in the Upper Mississippi ...
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Unpublished Paper
Carbon Sequestration, Co-Benefits, and Conservation Programs
CARD Working Papers (2004)
Hongli Feng, Catherine L. Kling and Philip W. Gassman
Land use changes to sequester carbon also provide "co-benefits," some of which (for example, water quality) have attracted at least ...
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Unpublished Paper
Environmental Conservation in Agriculture: Land Retirement versus Changing Practices on ...
CARD Working Papers (2004)
Hongli Feng, Lyubov A. Kurkalova, Catherine L. Kling and Philip W. Gassman
The study develops a conceptual framework for analyzing the allocation of conservation funds via selectively offering incentive payments to farmers ...
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Unpublished Paper
Subsidies! The Other Incentive-Based Instrument: The Case of the Conservation ...
CARD Working Papers (2003)
Hongli Feng, Catherine L. Kling, Lyubov A. Kurkalova and Silvia Secchi
In this paper, we examine command-and-control (CAC) policies and market-based instruments (MBI) in the context of the Conservation Reserve Program ...
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Unpublished Paper
The Dynamics of Carbon Sequestration and Measures of Cost-Effectiveness
CARD Working Papers (2002)
Hongli Feng
The cost-effectiveness of carbon sequestration alternatives has often been discussed in the economics literature on sequestration. Average or marginal costs ...
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Unpublished Paper
Alternative Intertemporal Permit Trading Regimes with Stochastic Abatement Costs
CARD Working Papers (2002)
Hongli Feng and Jinhua Zhao
We examine the social efficiency of alternative intertemporal permit trading regimes. Banking with a 1-to-1 ratio and with a non-unitary ...
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Unpublished Paper
Conservation Payments: Challenges in Design and Implementation
CARD Briefing Papers (2001)
Bruce A. Babcock, John C. Beghin, Michael D. Duffy, Hongli Feng, et al.
As Congress develops new farm legislation, some are lobbying for a new partnership between U.S. taxpayers and farmers. In exchange ...
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Unpublished Paper
Towards Implementing Carbon Markets in Agriculture
CARD Working Papers (2000)
Hongli Feng, Jinhua Zhao and Catherine L. Kling
Despite the interest in carbon markets or programs for which agriculture could be rewarded for storing carbon, there are still ...
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