IDEAS home Printed from https://ideas.repec.org/a/oup/ajagec/v71y1989i1p63-75..html
   My bibliography  Save this article

Interruptible Water Markets in the Pacific Northwest

Author

Listed:
  • Joel R. Hamilton
  • Norman K. Whittlesey
  • Philip Halverson

Abstract

This paper analyzes the potential for using a market to shift water from irrigation to hydropower use in periods of low river flow in the Snake River basin of Idaho. The water could be used for irrigation in most years but in dry years would be very valuable for firming up electric power supplies. A model of crop growth and water use was utilized to estimate farmer responses and resulting farm income losses due to market-restricted irrigation water supplies. Results indicate that estimated hydropower benefits are ten times greater than estimated lost farm income, so the proposed water market should be economically feasible.

Suggested Citation

  • Joel R. Hamilton & Norman K. Whittlesey & Philip Halverson, 1989. "Interruptible Water Markets in the Pacific Northwest," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 71(1), pages 63-75.
    • Handle: RePEc:oup:ajagec:v:71:y:1989:i:1:p:63-75.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.2307/1241775
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Lambert, David K. & Shaw, W. Douglass, 1998. "Alternative Use Values Within A Watershed Under Transitory Supply Shocks," Discussion Papers 12955, University of Nevada at Reno, Department of Resource Economics.
    2. Hansen, Kristiana & Howitt, Richard & Williams, Jeffrey, 1988. "Implementing Options Markets in California To Manage Water Supply Uncertainty," 1988 Annual Meeting, August 1-3, Knoxville, Tennessee 270393, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Chatterjee, Bishu & Howitt, Richard E. & Sexton, Richard J., 1998. "The Optimal Joint Provision of Water for Irrigation and Hydropower," Journal of Environmental Economics and Management, Elsevier, vol. 36(3), pages 295-313, November.
    4. Schaible, Glenn D. & Gollehon, Noel R. & Kramer, Mark S. & Aillery, Marcel P. & Moore, Michael R., 1995. "Economic Analysis of Selected Water Policy Options for the Pacific Northwest," Agricultural Economic Reports 308426, United States Department of Agriculture, Economic Research Service.
    5. KLAUS ABBINK & MOLLER, Lars Christian & SARAH O'HARA, 2005. "The Syr Darya River Conflict: An Experimental Case Study," Discussion Papers 2005-14, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
    6. repec:bla:canjag:v:58:y:2010:i:s1:p:433-461 is not listed on IDEAS
    7. Rosegrant, Mark W. & Ringler, Claudia, 1999. "Impact on food security and rural development of reallocating water from agriculture:," EPTD discussion papers 47, International Food Policy Research Institute (IFPRI).
    8. Kristiana Hansen & Jonathan Kaplan & Stephan Kroll, 2014. "Valuing Options in Water Markets: A Laboratory Investigation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 57(1), pages 59-80, January.
    9. Hansen, Kristiana & Howitt, Richard E. & Williams, Jeffrey C., 2006. "Implementing Options Markets in California To Manage Water Supply Uncertainty," 2006 Annual meeting, July 23-26, Long Beach, CA 21218, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    10. Hearne, Robert R. & William Easter, K., 1997. "The economic and financial gains from water markets in Chile," Agricultural Economics, Blackwell, vol. 15(3), pages 187-199, January.
    11. Goodman, D. Jay, 2000. "More Reservoirs Or Transfers? A Computable General Equilibrium Analysis Of Projected Water Shortages In The Arkansas River Basin," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 25(2), pages 1-16, December.
    12. Willis, David B. & Caldas, Jose Vaz & Frasier, W. Marshall & Wittlesey, Norman K. & Hamilton, Joel R., 1998. "The Effects Of Water Rights And Irrigation Technology On Streamflow Augmentation Cost In The Snake River Basin," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 23(1), pages 1-19, July.
    13. William K. Jaeger & Raymond Mikesell, 2002. "Increasing Streamflow To Sustain Salmon And Other Native Fish In The Pacific Northwest," Contemporary Economic Policy, Western Economic Association International, vol. 20(4), pages 366-380, October.
    14. Klaus Abbink & Lars Moller & Sarah O’Hara, 2010. "Sources of Mistrust: An Experimental Case Study of a Central Asian Water Conflict," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 45(2), pages 283-318, February.
    15. Leiva, Akssell J. & Skees, Jerry R., 2008. "Using Irrigation Insurance to Improve Water Usage of the Rio Mayo Irrigation System in Northwestern Mexico," World Development, Elsevier, vol. 36(12), pages 2663-2678, December.
    16. Leiva, Akssell J. & Skees, Jerry R., 2006. "An Empirical Evaluation of Irrigation Insurance for Agricultural Systems in the Mexican Northwest," Annual Meeting, 2006, May 25-28, Montreal, Quebec 34177, Canadian Agricultural Economics Society.
    17. Zeyu Wang & Juqin Shen & Fuhua Sun & Zhaofang Zhang & Dandan Zhang & Yizhen Jia & Kaize Zhang, 2019. "A Pricing Model for Groundwater Rights in Ningxia, China Based on the Fuzzy Mathematical Model," IJERPH, MDPI, vol. 16(12), pages 1-20, June.
    18. Zekri, Slim & Easter, William, 2005. "Estimating the potential gains from water markets: a case study from Tunisia," Agricultural Water Management, Elsevier, vol. 72(3), pages 161-175, April.
    19. repec:bla:canjag:v:58:y:2010:i:s1:p:403-409 is not listed on IDEAS
    20. Villinski, Michele T., 2003. "A Methodology For Valuing Multiple-Exercise Option Contracts For Water," Working Papers 14379, University of Minnesota, Center for International Food and Agricultural Policy.
    21. Francesco Prota, 2002. "Water Resources And Water Policies," Working Papers 8_2002, D.E.S. (Department of Economic Studies), University of Naples "Parthenope", Italy.
    22. Easter, K. William & Feder, Gershon, 1996. "Water Institutions And Economic Incentives To Ameliorate Market And Government Failures," Staff Papers 14217, University of Minnesota, Department of Applied Economics.
    23. Colby, Bonnie, 1991. "Reallocating Drought Risks Through Contingent Water Use Contracts," WAEA/ WFEA Conference Archive (1929-1995) 321456, Western Agricultural Economics Association.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:ajagec:v:71:y:1989:i:1:p:63-75.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.