IDEAS home Printed from https://ideas.repec.org/p/ags/aaea01/20661.html
   My bibliography  Save this paper

Dynamic Water Regulation Under Endogenous Irrigation Investment and Production Uncertainty

Author

Listed:
  • 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
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/20661/files/sp01zh04.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.20661?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    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.
    2. Margriet Caswell & Erik Lichtenberg & David Zilberman, 1990. "The Effects of Pricing Policies on Water Conservation and Drainage," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 72(4), pages 883-890.
    3. Farhed Shah & David Zilberman & Erik Lichtenberg, 1995. "Optimal combination of pollution prevention and abatement policies: The case of agricultural drainage," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 5(1), pages 29-49, January.
    4. repec:cdl:agrebk:5182 is not listed on IDEAS
    5. repec:cdl:agrebk:5210 is not listed on IDEAS
    6. Dinar, Ariel & Letey, J. & Knapp, Keith C., 1985. "Economic evaluation of salinity, drainage and non-uniformity of infiltrated irrigation water," Agricultural Water Management, Elsevier, vol. 10(3), pages 221-233, November.
    7. Loehman Edna & Dinar Ariel, 1994. "Cooperative Solution of Local Externality Problems: A Case of Mechanism Design Applied to Irrigation," Journal of Environmental Economics and Management, Elsevier, vol. 26(3), pages 235-256, May.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Lichtenberg, Erik, 2002. "Agriculture and the environment," Handbook of Agricultural Economics, in: B. L. Gardner & G. C. Rausser (ed.), Handbook of Agricultural Economics, edition 1, volume 2, chapter 23, pages 1249-1313, Elsevier.
    2. Schwabe, Kurt A. & Knapp, Keith C. & Kan, Iddo, 2002. "Integrated Drainwater Management In Irrigated Agriculture," 2002 Annual meeting, July 28-31, Long Beach, CA 19609, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Xabadia, M. Àngels & Goetz, Renan U. & Zilberman, David, 2004. "Spatially and Intertemporally Efficient Management of Waterlogging," Working Papers of the Department of Economics, University of Girona 9, Department of Economics, University of Girona.
    4. Iddo Kan, 2008. "Yield quality and irrigation with saline water under environmental limitations: the case of processing tomatoes in California," Agricultural Economics, International Association of Agricultural Economists, vol. 38(1), pages 57-66, January.
    5. Elisabetta Cornago & Renaud Foucart, 2014. "Instrument Choice and Cost Uncertainty in the Electricity Market," Working Papers ECARES ECARES 2014-13, ULB -- Universite Libre de Bruxelles.
    6. Garth Heutel, 2012. "How Should Environmental Policy Respond to Business Cycles? Optimal Policy under Persistent Productivity Shocks," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 15(2), pages 244-264, April.
    7. Khanna, Madhu & Zilberman, David, 1997. "Incentives, precision technology and environmental protection," Ecological Economics, Elsevier, vol. 23(1), pages 25-43, October.
    8. Karp, Larry & Zhang, Jiangfeng, 2006. "Regulation with anticipated learning about environmental damages," Journal of Environmental Economics and Management, Elsevier, vol. 51(3), pages 259-279, May.
    9. repec:bla:germec:v:11:y:2010:i::p:86-107 is not listed on IDEAS
    10. Halvor Briseid Storrøsten, 2012. "Prices vs. quantities: Technology choice, uncertainty and welfare," Discussion Papers 677, Statistics Norway, Research Department.
    11. Karp, Larry & Stevenson, Megan, 2012. "Green industrial policy : trade and theory," Policy Research Working Paper Series 6238, The World Bank.
    12. Carlos Chávez & John Stranlund, 2009. "A Note on Emissions Taxes and Incomplete Information," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 44(1), pages 137-144, September.
    13. Fidel Gonzalez, 2008. "Optimal Policy Response with Control Parameter and Intercept Covariance," Computational Economics, Springer;Society for Computational Economics, vol. 31(1), pages 1-20, February.
    14. Martin L. Weitzman, 2020. "Prices or Quantities Can Dominate Banking and Borrowing," Scandinavian Journal of Economics, Wiley Blackwell, vol. 122(2), pages 437-463, April.
    15. Millock, Katrin & Xabadia, Angels & Zilberman, David, 2012. "Policy for the adoption of new environmental monitoring technologies to manage stock externalities," Journal of Environmental Economics and Management, Elsevier, vol. 64(1), pages 102-116.
    16. Gilbert E. Metcalf, 2009. "Designing a Carbon Tax to Reduce U.S. Greenhouse Gas Emissions," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 3(1), pages 63-83, Winter.
    17. Costello, Christopher & Karp, Larry, 2004. "Dynamic taxes and quotas with learning," Journal of Economic Dynamics and Control, Elsevier, vol. 28(8), pages 1661-1680, June.
    18. Newbery, David, 2018. "Policies for decarbonizing a liberalized power sector," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 12, pages 1-24.
    19. Raouf BOUCEKKINE & Blanca MARTINEZ & José Ramon RUIZ-TAMARIT, 2013. "Optimal sustainable policies under pollution ceiling: the demographic side," LIDAM Discussion Papers IRES 2013028, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    20. David M. Newbery & David M. Reiner & Robert A. Ritz, 2018. "When is a carbon price floor desirable?," Working Papers EPRG 1816, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    21. Roberton Williams, 2002. "Prices vs. Quantities vs. Tradable Quantities," NBER Working Papers 9283, National Bureau of Economic Research, Inc.

    More about this item

    Keywords

    Resource/Energy Economics and Policy;

    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:ags:aaea01:20661. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: AgEcon Search (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.