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Economic Aspects of Ground Water Resources and Replacement Flows in Semiarid Agricultural Areas

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  • Micha Gisser
  • Abraham Mercado

Abstract

This article integrates an agricultural demand function for water with a hydrologic model of an aquifer in a semiarid region. The model can aid policy-makers with problems from overdraft leading to a falling water table and with examination of the profitability of importing water from surplus areas and artificially recharging the aquifer.

Suggested Citation

  • Micha Gisser & Abraham Mercado, 1973. "Economic Aspects of Ground Water Resources and Replacement Flows in Semiarid Agricultural Areas," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 55(3), pages 461-466.
    • Handle: RePEc:oup:ajagec:v:55:y:1973:i:3:p:461-466.
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    File URL: http://hdl.handle.net/10.2307/1239126
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    Citations

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    Cited by:

    1. Wheeler, Erin & Golden, Bill & Johnson, Jeffrey & Peterson, Jeffrey, 2008. "Economic Efficiency of Short-Term Versus Long-Term Water Rights Buyouts," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 40(2), pages 493-501, August.
    2. Koundouri, Phoebe & Christou, Christina, 2006. "Dynamic adaptation to resource scarcity and backstop availability: theory and application to groundwater," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 50(2), pages 1-19, June.
    3. Strand, Jon, 2010. "The full economic cost of groundwater extraction," Policy Research Working Paper Series 5494, The World Bank.
    4. Umetsu, Chieko & Chakravorty, Ujjayant, 1998. "Water conveyance, return flows and technology choice," Agricultural Economics, Blackwell, vol. 19(1-2), pages 181-191, September.
    5. Athanasios Tsiarapas & Zisis Mallios, 2023. "Estimating the long-term impact of market power on the welfare gains from groundwater markets," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 25(3), pages 377-406, July.
    6. Carmen Marchiori & Susan Sayre & Leo Simon, 2012. "Bargaining and Devolution in the Upper Guadiana Basin," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 51(3), pages 453-470, March.
    7. Spinks, Thomas & Dahl, Dale C., 1981. "Inputs Used in U.S. Farm Production: A Bibliography of Selected Economic Studies, 1950-80," Economics and Statistics Services (ESS) Reports 319963, United States Department of Agriculture, Economic Research Service.
    8. Phoebe Koundouri, 2004. "Current Issues in the Economics of Groundwater Resource Management," Journal of Economic Surveys, Wiley Blackwell, vol. 18(5), pages 703-740, December.
    9. Marita Laukkanen & Phoebe Koundouri, 2006. "Competition versus coopertion in groundwater extraction: A stochastic framework with heteregoneous agents," DEOS Working Papers 0606, Athens University of Economics and Business.
    10. Phoebe Koundouri, 2003. "Potential for groundwater management: Gisser-Sanchez effect reconsidered," DEOS Working Papers 0307, Athens University of Economics and Business.

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