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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
Journal Articles
Book Chapters
Other Publications
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Dissertations
CARD Working Papers
(26)
Unpublished Paper
Carbon Sequestration in Agriculture: Value and Implementation
CARD Working Papers (2000)
Hongli Feng, Jinhua Zhao and Catherine L. Kling
Examining the value of carbon sequestration in a dynamic model, the authors demonstrate that unless the sequestration is permanent, it ...
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Journal Articles
(29)
Article
Impacts of tillage practices on soil carbon stocks in the ...
Environmental Research Letters (2020)
Zhen Yu, Chaoqun Lu, David A. Hennessy, Hongli Feng, et al.
Tillage alters the thermal and wetness conditions in soil, which facilitates soil organic matter oxidation and water transportation, leading to ...
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Article
Recency effects and participation at the extensive and intensive margins ...
The Geneva Papers on Risk and Insurance - Issues and Practice (2020)
Yuyuan Che, Hongli Feng and David A. Hennessy
Participation in U.S. Federal Crop Insurance Programs (FCIP) has increased over time at bothextensive (insured acres) and intensive (coverage levels) ...
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Article
Rationality of weather predictions and insurance purchases: testing the gambler ...
Applied Economics (2019)
Mary K. Doidge, Hongli Feng and David A. Hennessy
Deviations from the rational behaviour assumed in many economic models have been found in a variety of settings. Two such ...
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Article
Increasing carbon footprint of grain crop production in the US ...
Environmental Research Letters (2018)
Chaoqun (Crystal) Lu, Zhen Yu, Hanqin Tian, David A. Hennessy, et al.
Global agriculture is challenged to increase soil carbon sequestration and reduce greenhouse gas emissions while providing products for an increasing ...
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Article
Land Resilience and Tail Dependence among Crop Yield Distributions
American Journal of Agricultural Economics (2018)
Xiaodong Du, David A. Hennessy, Hongli Feng and Gaurav Arora
We propose and empirically test a simple model to shed light on the nature of interactions between weather, land quality, ...
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Article
America's Dairy Industry Facing Difficulties from Long-Running Structural Changes
Choices (2018)
David A. Hennessy and Hongli Feng
The U.S. dairy farming industry has been experiencing continued consolidation and persistent low milk prices in recent years. Papers in ...
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Article
Dairy Sector Consolidation, Scale, Automation and Factor Biased Technical Change ...
Choices (2018)
Hongli Feng, David A. Hennessy, Yanan Jia, Melissa G. S. McKendree, et al.
Milk production in the United States has become increasingly concentrated among fewer herds. This consolidation has, as in other on-farm ...
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Article
The Farmer and the Rancher
Scientia (2017)
David A. Hennessy, Hongli Feng, Mike Wimberly, Tong Wang, et al.
Vast, dry, and flat. The Great Plains of the continental US stretch from the foot of the Rockies through to ...
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Article
Determinants of Motives for Land Use Decisions at the Margins ...
Ecological Economics (2017)
Tong Wang, Moses Luri, Larry Janssen, David A. Hennessy, et al.
The extent of United States Great Plains grass agriculture has ebbed and flowed over decades in response to market incentives, ...
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Article
Rationality of Choices in Subsidized Crop Insurance Markets
American Journal of Agricultural Economics (2017)
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 explicit government ...
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Article
Cropland expansion and grassland loss in the eastern Dakotas: New ...
Land Use Policy (2017)
Michael C. Wimberly, Larry L. Janssen, David A. Hennessy, Moses Luri, et al.
The western Corn Belt region of the United States has become a hotspot for agricultural extensification and consequent land use ...
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Article
The Effects of Crop Insurance Subsidies and Sodsaver on Land-Use ...
Journal of Agricultural and Resource Economics (2016)
Ruiqing Miao, David A. Hennessy and Hongli Feng
It is well known that insurance market information asymmetry can cause socially excessive cropping of yield-risky land. We show that ...
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Article
Land Use Change and Policy in Iowa’s Loess Hills
Sustainable Agriculture Research (2016)
Gaurav Arora, Peter T. Wolter, David A. Hennessy and Hongli Feng
Land use changes have important implications on ecosystems and society. Detailed identification of the nature of land use changes in ...
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Article
Does permit trading minimize cost under an average pollution target?
Environmental Economics (2010)
Sergey S. Rabotyagov and Hongli Feng
Emission permit trading is increasingly being applied to pollution control. Pollution targets are sometimes set as average (or expected) values. ...
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Article
Least-cost control of agricultural nutrient contributions to the Gulf of ...
Ecological Applications (2010)
Sergey Rabotyagov, Todd Campbell, Manoj Jha, Philip W. Gassman, et al.
In 2008, the hypoxic zone in the Gulf of Mexico, measuring 20 720 km2, was one of the two largest ...
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Article
Greenhouse gas impacts of ethanol from Iowa corn: Life cycle ...
Biomass and Bioenergy (2010)
Hongli Feng, Ofir D. Rubin and Bruce Babcock
Life cycle assessment (LCA) is the standard approach used to evaluate the greenhouse gas (GHG) benefits of biofuels. However, the ...
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Article
Impacts of Ethanol on Planted Acreage in Market Equilibrium
American Journal of Agricultural Economics (2010)
Hongli Feng and Bruce Babcock
The magnitude of land conversion caused by biofuels expansion largely determines whether biofuels reduce net greenhouse gas emissions. To examine ...
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Article
The Allocation of Nutrient Load Reduction across a Watershed: Assessing ...
Applied Economic Perspectives and Policy (2009)
Hongli Feng, Manoj Jha and Phil Gassman
Delivery coefficients have long been used in economic analysis of policies that seek to address environmental problems like water pollution ...
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Article
Production and Abatement Distortions under Noisy Green Taxes
Journal of Public Economic Theory (2009)
Hongli Feng and David A. Hennessy
A pollution regulator seeking to maximize social surplus can be viewed as facing two efficiency problems. One is that, given ...
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Article
Green payments and dual policy goals
Journal of Environmental Economics and Management (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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Article
Privatizing Ecosystem Services: Water Quality Effects from a Carbon Market
Choices (2007)
Silvia Secchi, Manoj Jha, Lyubov Kurkalova, Hongli Feng, et al.
With the specter of a new farm bill on the horizon, considerable discussion is occurring concerning the possible redirection of ...
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Article
Transfers and environmental co-benefits of carbon sequestration in agricultural soils ...
Climatic Change (2007)
Hongli Feng, Lyubov A. Kurkalova, Catherine Kling and Philip 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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Article
Alternative intertemporal permit trading regimes with stochastic abatement costs
Resource and Energy Economics (2006)
Hongli Feng and Jinhua Zhao
We examine the social efficiency of alternative intertemporal permit trading regimes. The role of uncertainty and information asymmetry is discussed. ...
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Article
Environmental conservation in agriculture: Land retirement vs. changing practices on ...
Journal of Environmental Economics and Management (2006)
Hongli Feng, Lyubov A. Kurkalova, Catherine Kling and Philip 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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