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Agricultural Flood Damage Assessment: A Review and Investigation of a Simulation Method

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  • McDonald, G.T.

Abstract

This paper reviews current methods of estimating agricultural flood damage and proposes a model which is flexible for use in resource allocation problems and is amenable to computer application. The inherent variability of the damage process itself suggests the use of probability measures, and to demonstrate the use of the assessment model, range estimates sampled under rectangular probability assumptions are used to simulate variability. While the problem of unreliable basic data remains, it can be explicitly recognized by variance estimates.

Suggested Citation

  • McDonald, G.T., 1970. "Agricultural Flood Damage Assessment: A Review and Investigation of a Simulation Method," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 38(03), pages 1-16, September.
    • Handle: RePEc:ags:remaae:9567
    DOI: 10.22004/ag.econ.9567
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    References listed on IDEAS

    as
    1. Richard Howes, 1967. "A Test Of A Linear Programming Model Of Agriculture," Papers in Regional Science, Wiley Blackwell, vol. 19(1), pages 123-140, January.
    2. Sloggett, Gordon & Cook, Neil R., 1967. "Evaluating Flood Prevention in Upstream Watersheds with an Areal Point Sample -- Interim Report, Washita River Basin, Oklahoma," Miscellaneous Publications 321266, United States Department of Agriculture, Economic Research Service.
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    Cited by:

    1. F. Grelot & J. Arnal & Pauline Bremond & Katrin Erdlenbruch & C. Durand & S. Durand & G. Gleyses & P. Jarnet & M. Liberti & S. Martini & A. Richard-Ferroudji & L. Albrecht & Jean-Stéphane Bailly & N. , 2009. "Risk perception and economic valuation of flood exposure. Study of two hydrologically contrasted territories [Perception du risque et évaluation économique de l'exposition aux inondations. Étude de," Working Papers hal-02593242, HAL.
    2. Pauline Bremond & F. Grelot & Nicolas Bauduceau, 2009. "De la vulnérabilité de la parcelle à celle de l'exploitation agricole : un changement d'échelle nécessaire pour l'évaluation économique des projets de gestion des inondations," Post-Print hal-00457453, HAL.
    3. Forsythe, G.A., 1975. "An Assessment Of The Role Of Insurance And Structural Measures In Flood Mitigation Planning," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 43(02), pages 1-23, June.
    4. Xi Wang & Zhanyan Liu & Huili Chen, 2022. "Investigating Flood Impact on Crop Production under a Comprehensive and Spatially Explicit Risk Evaluation Framework," Agriculture, MDPI, vol. 12(4), pages 1-23, March.

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    1. Hardaway, Irene L., 1968. "Economics of Agriculture: Reports and Publications Issued or Sponsored by USDA's Economic Research Service, October 1966-September 1967," Miscellaneous Publications 321800, United States Department of Agriculture, Economic Research Service.
    2. Lacewell, Ronald D. & Eidman, Vernon R., 1970. "A Proposed Procedure For Distributing Assessments Among Beneficiaries Of Small Watershed Projects," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 2(1), pages 1-7, December.
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    Resource /Energy Economics and Policy;

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