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Uncertainty And The Management Of Salinity With Irrigation Water

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  • Feinerman, Eli
  • Vaux, Henry J., Jr.

Abstract

The impact of uncertain salt balances in irrigate fields is assessed with a hydroeconomic model that incorporates the effects of salinity. Uncertainty in two parameters that jointly determine root zone salinity is investigated and the conclusions prove to depend upon the way in which these parameters enter the mass-balance equation for soil salinity. It is shown that water has a risk reducing marginal effect on output when growers are risk averse and, under certain conditions, when they are risk neutral. The effects of prices, water quality, and crop salt sensitivity on the conclusions are analyzed and an empirical example is employed to illustrate the magnitude of the impacts.

Suggested Citation

  • Feinerman, Eli & Vaux, Henry J., Jr., 1984. "Uncertainty And The Management Of Salinity With Irrigation Water," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 9(2), pages 1-12, December.
    • Handle: RePEc:ags:wjagec:32141
    DOI: 10.22004/ag.econ.32141
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    References listed on IDEAS

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    3. Feinerman, E. & Yaron, D., 1983. "The value of information on the response function of crops to soil salinity," Journal of Environmental Economics and Management, Elsevier, vol. 10(1), pages 72-85, March.
    4. Farnsworth, Richard L. & Moffitt, L. Joe, 1981. "Cotton Production Under Risk: An Analysis Of Input Effects On Yield Variability And Factor Demand," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 6(2), pages 1-10, December.
    5. Feder, Gershon, 1977. "The impact of uncertainty in a class of objective functions," Journal of Economic Theory, Elsevier, vol. 16(2), pages 504-512, December.
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    Cited by:

    1. Xie, Yang & Zilberman, David, 2014. "The Economics of Water Project Capacities and Conservation Technologies," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 169820, Agricultural and Applied Economics Association.

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    Crop Production/Industries;

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