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Dynamic Water Regulation Under Endogenous Irrigation Investment and Production Uncertainty

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  • Zhang, Jiangfeng

Abstract

We study the problem of regulating California agriculture water use. Regulatory decisions are conditioned on current information as well as the anticipation of future learning. Endogenous learning, either about damages from waterlogging or about abatement costs, affects the optimal control today. These regulations affect farmers' water usage and their incentives to adopt new irrigation technology.

Suggested Citation

  • Zhang, Jiangfeng, 2001. "Dynamic Water Regulation Under Endogenous Irrigation Investment and Production Uncertainty," 2001 Annual meeting, August 5-8, Chicago, IL 20661, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea01:20661
    DOI: 10.22004/ag.econ.20661
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    References listed on IDEAS

    as
    1. Hoel, Michael & Karp, Larry, 2002. "Taxes versus quotas for a stock pollutant," Resource and Energy Economics, Elsevier, vol. 24(4), pages 367-384, November.
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    Full references (including those not matched with items on IDEAS)

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