IDEAS home Printed from https://ideas.repec.org/p/ags/aaea04/20133.html
   My bibliography  Save this paper

Watershed Conservation And Efficient Groundwater Pricing

Author

Listed:
  • Roumasset, James A.
  • Pitafi, Basharat A.K.

Abstract

Conserving the watershed can help to preserve the groundwater supplies by avoiding loss of recharge. Preventing overuse of available water through pricing reforms can also substantially increase benefits from groundwater stock. Since efficiency prices are generally higher than the inefficient, status quo prices, efficiency pricing may be politically infeasible and watershed conservation may be considered as an alternative. Using Pearl Harbor water district as an example, we find that pricing reform yields large welfare improvement (about $900 million) and is welfare-superior to watershed conservation unless the latter prevents over 10% loss of recharge. In addition, watershed conservation is more valuable at efficiency pricing than at the status quo prices.

Suggested Citation

  • Roumasset, James A. & Pitafi, Basharat A.K., 2004. "Watershed Conservation And Efficient Groundwater Pricing," 2004 Annual meeting, August 1-4, Denver, CO 20133, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea04:20133
    DOI: 10.22004/ag.econ.20133
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/20133/files/sp04pi02.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.20133?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. Darrell Krulce & James A. Roumasset & Tom Wilson, 1997. "Optimal Management of a Renewable and Replaceable Resource: The Case of Coastal Groundwater," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(4), pages 1218-1228.
    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. Roumasset James & Wada Christopher A, 2011. "Ordering Renewable Resources: Groundwater, Recycling, and Desalination," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 11(1), pages 1-29, May.
    2. James Roumasset & Christopher Wada, 2012. "The Economics of Groundwater," Working Papers 201211, University of Hawaii at Manoa, Department of Economics.
    3. Pongkijvorasin, Sittidaj & Roumasset, James & Duarte, Thomas Kaeo & Burnett, Kimberly, 2010. "Renewable resource management with stock externalities: Coastal aquifers and submarine groundwater discharge," Resource and Energy Economics, Elsevier, vol. 32(3), pages 277-291, August.
    4. Kimberly Burnett & Christopher Wada, 2014. "Optimal groundwater management when recharge is declining: a method for valuing the recharge benefits of watershed conservation," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 16(3), pages 263-278, July.
    5. James Moncur & James Roumasset & Rodney Smith, 1997. "Optimal Allocation of Ground and Surface Water in O'ahu: Water Wars in Paradise," Working Papers 199707, University of Hawaii at Manoa, Department of Economics.
    6. Hubert Stahn & Agnès Tomini, 2014. "On the Environmental Efficiency of Water Storage: The Case of a Conjunctive Use of Ground and Rainwater," AMSE Working Papers 1452, Aix-Marseille School of Economics, France.
    7. James Roumasset & Christopher Wada, 2013. "Ordering Extraction from Multiple Aquifers," Working Papers 2013-12, University of Hawaii Economic Research Organization, University of Hawaii at Manoa.
    8. Sittidaj Pongkijvorasin & James Roumasset, 2007. "Optimal Conjunctive Use of Surface and Groundwater with Recharge and Return Flows: Dynamic and Spatial Patterns," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 29(3), pages 531-539.
    9. Roumasset James & Wada Christopher A, 2011. "Ordering Renewable Resources: Groundwater, Recycling, and Desalination," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 11(1), pages 1-29, May.
    10. James Roumasset & Christopher Wada, 2014. "Integrated Groundwater Resource Management," Working Papers 201414, University of Hawaii at Manoa, Department of Economics.
    11. Wada, Christopher A. & Pongkijvorasin, Sittidaj & Burnett, Kimberly M., 2020. "Mountain-to-sea ecological-resource management: Forested watersheds, coastal aquifers, and groundwater dependent ecosystems," Resource and Energy Economics, Elsevier, vol. 59(C).
    12. Shaheen, F.A. & Shiyani, R.L., 2006. "Energy Costs and Groundwater Withdrawals: Results from an Optimal Control Model for North Gujarat," Indian Journal of Agricultural Economics, Indian Society of Agricultural Economics, vol. 62(01), pages 1-16.
    13. James Roumasset & Christopher A. Wada, 2014. "Energy, Backstop Endogeneity, and the Optimal Use of Groundwater," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 96(5), pages 1363-1371.
    14. Raphaël Soubeyran & Mabel Tidball & Agnes Tomini & Katrin Erdlenbruch, 2015. "Rainwater Harvesting and Groundwater Conservation: When Endogenous Heterogeneity Matters," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 62(1), pages 19-34, September.
    15. Smith, Rodney B. W. & Roumasset, James, 2000. "Constrained conjunctive-use for endogenously separable water markets: managing the Waihole-Waikane aqueduct," Agricultural Economics, Blackwell, vol. 24(1), pages 61-71, December.
    16. Thomas Kaeo Duarte & Sittidaj Pongkijvorasin & James Roumasset & Daniel Amato & Kimberly Burnett, 2010. "Optimal Management of a Hawaiian Coastal Aquifer with Near-Shore Marine Ecological Interactions," Working Papers 2010-08, University of Hawaii Economic Research Organization, University of Hawaii at Manoa.
    17. Roumasset, James A. & Wada, Christopher, 2013. "Energy Costs and the Optimal Use of Groundwater," 2014 Allied Social Sciences Association (ASSA) Annual Meeting, January 3-5, 2014, Philadelphia, PA 161892, Agricultural and Applied Economics Association.
    18. Kimberly Burnett & Christopher Wada & Aiko Endo & Makoto Taniguchi, 2016. "The Economic Value of Groundwater in Obama," Working Papers 2016-8, University of Hawaii Economic Research Organization, University of Hawaii at Manoa.
    19. Hubert Stahn & Agnès Tomini, 2015. "Rainwater Harvesting under Endogenous Capacity of Storage : a Solution to Aquifer Preservation," Annals of Economics and Statistics, GENES, issue 119-120, pages 209-234.
    20. Roumasset, James A. & Wada, Christopher A., 2012. "Ordering the extraction of renewable resources: The case of multiple aquifers," Resource and Energy Economics, Elsevier, vol. 34(1), pages 112-128.

    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:aaea04:20133. 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.