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Market Failure in Multiphase Electric Power Development for Agricultural Irrigation

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  • Tew, Bernard V.
  • Broder, Josef M.
  • Musser, Wesley N.
  • Centner, Terence J.

Abstract

The adoption of multiphase electric power for electric irrigation has been limited in an area characterized by extremely rapid expansion of irrigated acreage despite production cost advantages. Theoretical and empirical evidence of failure in the existing market for multiphase power development are presented. Alternative development mechanisms are presented and discussed.

Suggested Citation

  • Tew, Bernard V. & Broder, Josef M. & Musser, Wesley N. & Centner, Terence J., 1985. "Market Failure in Multiphase Electric Power Development for Agricultural Irrigation," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 17(2), pages 57-66, December.
    • Handle: RePEc:cup:jagaec:v:17:y:1985:i:02:p:57-66_02
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    References listed on IDEAS

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    1. Donald Hertzmark & Silvio Flaim & Daryll Ray & Greg Parvin, 1980. "Economic Feasibility of Agricultural Alcohol Production within A Biomass System," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 62(5), pages 965-971.
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    5. Broder, Josef M. & Booth, John T., 1981. "Energy Efficiency In Food Processing In The Southern Region," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 13(2), pages 1-7, December.
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    1. STEVEN C. BLANK & COLIN A. CARTER & JEFFREY McDONALD, 1997. "Is The Market Failing Agricultural Producers Who Wish To Manage Risks?," Contemporary Economic Policy, Western Economic Association International, vol. 15(3), pages 103-112, July.

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