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Three Essays on the Economics of Groundwater Extraction

Three Essays on the Economics of Groundwater Extraction PDF Author: Pamela Giselle Katic
Publisher:
ISBN:
Category : Groundwater
Languages : en
Pages : 360

Book Description
The primary contribution of this thesis is to develop a series of hydroeconomic models to act as solution-oriented tools to conduct integrated groundwater management and provide fresh policy insights. Using spatially detailed economic and hydrologic data from a real-world aquifer, this thesis examines key groundwater management problems and suggests policies that might be used to control such systems. The thesis consists of three main essays focusing on issues in groundwater spatial dynamics and the design of optimal regulations. The first essay explores the importance of including well location decisions in spatially differentiated groundwater models to provide robust estimates of the gains from optimal management. Using a spatially differentiated and dynamic model of endogenous well location, this essay compares optimal and competitive extraction paths and well location decisions under alternative hypotheses as to the spatial distribution of groundwater.

Three Essays on the Economics of Groundwater Extraction

Three Essays on the Economics of Groundwater Extraction PDF Author: Pamela Giselle Katic
Publisher:
ISBN:
Category : Groundwater
Languages : en
Pages : 360

Book Description
The primary contribution of this thesis is to develop a series of hydroeconomic models to act as solution-oriented tools to conduct integrated groundwater management and provide fresh policy insights. Using spatially detailed economic and hydrologic data from a real-world aquifer, this thesis examines key groundwater management problems and suggests policies that might be used to control such systems. The thesis consists of three main essays focusing on issues in groundwater spatial dynamics and the design of optimal regulations. The first essay explores the importance of including well location decisions in spatially differentiated groundwater models to provide robust estimates of the gains from optimal management. Using a spatially differentiated and dynamic model of endogenous well location, this essay compares optimal and competitive extraction paths and well location decisions under alternative hypotheses as to the spatial distribution of groundwater.

Three Essays on the Economics of Groundwater Extraction for Agriculture

Three Essays on the Economics of Groundwater Extraction for Agriculture PDF Author: Lisa Marie Pfeiffer
Publisher:
ISBN:
Category :
Languages : en
Pages : 256

Book Description


Managing Groundwater in the Presence of Asymmetry

Managing Groundwater in the Presence of Asymmetry PDF Author: Siwa Mlavwasi Msangi
Publisher:
ISBN:
Category :
Languages : en
Pages : 400

Book Description


Three Essays on the Economics of Water Quality and Availability

Three Essays on the Economics of Water Quality and Availability PDF Author: Saman Olfati
Publisher:
ISBN:
Category : Salinization
Languages : en
Pages : 242

Book Description


Economics of Water Resources

Economics of Water Resources PDF Author: Mary E. Renwick
Publisher: Routledge
ISBN: 1351159275
Category : Business & Economics
Languages : en
Pages : 547

Book Description
Water is becoming an increasingly scarce commodity in many parts of the world. Population growth plus a growing appetite for larger quantities of cheap water quality as a result of urban, industrial, and agricultural pollution coupled with increasing environmental demands have further reduced usable suppliers. This book brings together thirty of the best economic articles addressing water scarcity issues within the US and Mexico. By touching on a number of different issues, this volume clearly articulates the need for improving existing institutional arrangements as well as for developing new arrangements to address growing water scarcity problems.

Three Essays on the Economics of Water Rights

Three Essays on the Economics of Water Rights PDF Author: Karin Audrey Donhowe
Publisher:
ISBN: 9781369341256
Category :
Languages : en
Pages : 96

Book Description
Finally, in the third chapter I explore differences in Bureau of Reclamation (BOR) water management across its projects. BOR delivers water to farmers in Western states based on long-term contracts with irrigation districts that specify how much land can be irrigated, the quantity of water allotted per acre, and terms of payment. There is variation across Reclamation projects in terms of rights ownership, water allocation, and the ability to transfer water. These areas of institutional variation affect the security of farmers' claims to water, and security of rights in turn affects investment decisions, crop choice, and the value of water rights. This paper documents water management across five of the largest BOR irrigation projects and evaluates the implications of the variation.

The Routledge Handbook of Agricultural Economics

The Routledge Handbook of Agricultural Economics PDF Author: Gail L. Cramer
Publisher: Routledge
ISBN: 1317225767
Category : Business & Economics
Languages : en
Pages : 806

Book Description
This Handbook offers an up-to-date collection of research on agricultural economics. Drawing together scholarship from experts at the top of their profession and from around the world, this collection provides new insights into the area of agricultural economics. The Routledge Handbook of Agricultural Economics explores a broad variety of topics including welfare economics, econometrics, agribusiness, and consumer economics. This wide range reflects the way in which agricultural economics encompasses a large sector of any economy, and the chapters present both an introduction to the subjects as well as the methodology, statistical background, and operations research techniques needed to solve practical economic problems. In addition, food economics is given a special focus in the Handbook due to the recent emphasis on health and feeding the world population a quality diet. Furthermore, through examining these diverse topics, the authors seek to provide some indication of the direction of research in these areas and where future research endeavors may be productive. Acting as a comprehensive, up-to-date, and definitive work of reference, this Handbook will be of use to researchers, faculty, and graduate students looking to deepen their understanding of agricultural economics, agribusiness, and applied economics, and the interrelationship of those areas.

Essays on the Economics of Water

Essays on the Economics of Water PDF Author: Nicholas William Hagerty
Publisher:
ISBN:
Category :
Languages : en
Pages : 165

Book Description
This thesis studies three questions in the economics of water resource management. Chapter 1 estimates the economic gains available from greater use of large-scale water markets in California. I develop a revealed-preference empirical approach that exploits observed choices in the existing water market, and I apply it to comprehensive new data on California’s water economy. This approach overcomes the challenge posed by transaction costs, which insert an unobservable wedge between observed prices and marginal valuations. First, I directly estimate transaction costs and use them to recover equilibrium marginal valuations. Then, I use supply shocks to estimate price elasticities of demand, which govern how marginal valuations vary with quantity. I find even a relatively modest market scenario would create additional benefits of $480 million per year, which can be weighed against both the benefits of existing market restrictions and the setup costs of larger-scale markets. Chapter 2 estimates the possible costs of industrial water pollution to agriculture in India, focusing on 63 industrial sites identified by the central government as “severely polluted.” I exploit the spatial discontinuity in pollution concentrations that these sites generate along a river. First, I show that these sites do in fact coincide with a large, discontinuous rise in pollutant concentrations in the nearest river. Then, I find some evidence that agricultural revenues may be substantially lower in districts immediately downstream of polluting sites, relative to districts immediately upstream of the same site in the same year. These results suggest that damages to agriculture could represent a major cost of water pollution. Chapter 3, co-authored with Ariel Zucker, presents an experimental protocol for a project that pays smallholder farmers in India to reduce their consumption of groundwater. This project will test the effectiveness of payments for voluntary conservation – a policy instrument that may be able to sidestep regulatory constraints common in developing countries. It will also measure the price response of demand for groundwater in irrigated agriculture, a key input to many possible reforms. Evidence from a pilot suggests that the program may have reduced groundwater pumping by a large amount, though confidence intervals are wide.

Routledge Handbook of Water Economics and Institutions

Routledge Handbook of Water Economics and Institutions PDF Author: Kimberly Burnett
Publisher: Routledge
ISBN: 1317916247
Category : Business & Economics
Languages : en
Pages : 524

Book Description
Growing scarcity of freshwater worldwide brings to light the need for sound water resource modeling and policy analysis. While a solid foundation has been established for many specific water management problems, combining those methods and principles in a unified framework remains an ongoing challenge. This Handbook aims to expand the scope of efficient water use to include allocation of sources and quantities across uses and time, as well as integrating demand-management with supply-side substitutes. Socially efficient water use does not generally coincide with private decisions in the real world, however. Examples of mechanisms designed to incentivize efficient behavior are drawn from agricultural water use, municipal water regulation, and externalities linked to water resources. Water management is further complicated when information is costly and/or imperfect. Standard optimization frameworks are extended to allow for coordination costs, games and cooperation, and risk allocation. When operating efficiently, water markets are often viewed as a desirable means of allocation because a market price incentivizes users to move resources from low to high value activities. However, early attempts at water trading have run into many obstacles. Case studies from the United States, Australia, Europe, and Canada highlight the successes and remaining challenges of establishing efficient water markets.

Evaluation of Ground-water Extraction Remedies

Evaluation of Ground-water Extraction Remedies PDF Author:
Publisher:
ISBN:
Category : Extraction (Chemistry)
Languages : en
Pages : 566

Book Description