IDEAS home Printed from https://ideas.repec.org/p/ags/aaea13/150511.html
   My bibliography  Save this paper

Predicting Groundwater Trading Participation In The Upper Republican Natural Resource District

Author

Listed:
  • Juchems, Elizabeth M.
  • Schoengold, Karina
  • Brozovic, Nicholas

Abstract

Previous research on water trading has focused on surface water trading and theoretical approaches to analyzing groundwater trading. Empirical analysis of groundwater trading is a new area of study due in part to the previous lack of recorded usage, trade data and binding constraints on groundwater use by landowners. Groundwater trading can help move water from low-value to high-value areas of use for the benefit of the participating traders and general public. The paper predicts participation in groundwater trading and the directions of trades among participants. Specifically, the paper considers both formal and informal trading of groundwater used for crop irrigation purposes and attempts to identify those characteristics that predict the probability of trade participation and whether an individual is a buyer or seller of groundwater rights. Results from this research indicate a strong desire to participate in trades, but high transactions costs have limited the number of trades that have occurred. Utilizing empirical models improves the accuracy of predicting trade participation and direction, and therefore the accuracy of models of trade effects on water supplies and stream flows used in policy and decision making.

Suggested Citation

  • Juchems, Elizabeth M. & Schoengold, Karina & Brozovic, Nicholas, 2013. "Predicting Groundwater Trading Participation In The Upper Republican Natural Resource District," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150511, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea13:150511
    DOI: 10.22004/ag.econ.150511
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/150511/files/AAEAManuscript_clean.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.150511?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. James Murphy & Ariel Dinar & Richard Howitt & Steven Rassenti & Vernon Smith, 2000. "The Design of ``Smart'' Water Market Institutions Using Laboratory Experiments," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 17(4), pages 375-394, December.
    2. Negri, Donald H. & Brooks, Douglas H., 1990. "Determinants Of Irrigation Technology Choice," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 15(2), pages 1-12, December.
    3. He, Xue-Feng & Cao, Huhua & Li, Feng-Min, 2007. "Econometric analysis of the determinants of adoption of rainwater harvesting and supplementary irrigation technology (RHSIT) in the semiarid Loess Plateau of China," Agricultural Water Management, Elsevier, vol. 89(3), pages 243-250, May.
    Full references (including those not matched with items on IDEAS)

    Citations

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


    Cited by:

    1. Sarah Ann Wheeler & Alec Zuo & John Kandulu, 2021. "What Water are We Really Pumping? The Nature and Extent of Surface and Groundwater Substitutability in Australia and Implications for Water Management Policies," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 43(4), pages 1550-1570, December.
    2. Mani Rouhi Rad & Taro Mieno & Nicholas Brozović, 2022. "The Role of Search Frictions and Trading Ratios in Tradable Permit Markets," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 82(1), pages 101-132, May.

    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. César Salazar & John Rand, 2016. "Production risk and adoption of irrigation technology: evidence from small-scale farmers in Chile," Latin American Economic Review, Springer;Centro de Investigaciòn y Docencia Económica (CIDE), vol. 25(1), pages 1-37, December.
    2. Rossi, Fabiana Ribeiro & Filho, Hildo Meirelles de Souza & Miranda, Bruno Varella & Carrer, Marcelo José, 2020. "The role of contracts in the adoption of irrigation by Brazilian orange growers," Agricultural Water Management, Elsevier, vol. 233(C).
    3. Wu, JunJie & Mapp, Harry P. & Bernardo, Daniel J., 1994. "A Dynamic Analysis of the Impact of Water Quality Policies on Irrigation Investment and Crop Choice Decisions," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 26(2), pages 506-525, December.
    4. Janie M. Chermak & Kate Krause & David S. Brookshire & H. Stu Burness, 2013. "Moving Forward By Looking Back: Comparing Laboratory Results With Ex Ante Market Data," Economic Inquiry, Western Economic Association International, vol. 51(1), pages 1035-1049, January.
    5. Dinar, Ariel & Keck, Andrew, 1997. "Private irrigation investment in Colombia: effects of violence, macroeconomic policy, and environmental conditions," Agricultural Economics, Blackwell, vol. 16(1), pages 1-15, March.
    6. Nicolas E. Quintana Ashwell & Jeffrey M. Peterson, 2016. "The Impact of Irrigation Capital Subsidies on Common-Pool Groundwater Use and Depletion: Results for Western Kansas," Water Economics and Policy (WEP), World Scientific Publishing Co. Pte. Ltd., vol. 2(03), pages 1-22, September.
    7. Kampas, Athanasios & Petsakos, Athanasios & Rozakis, Stelios, 2012. "Price induced irrigation water saving: Unraveling conflicts and synergies between European agricultural and water policies for a Greek Water District," Agricultural Systems, Elsevier, vol. 113(C), pages 28-38.
    8. Daniel Kyalo Willy & Arnim Kuhn, 2016. "Technology Adoption Under Variable Weather Conditions — The Case of Rain Water Harvesting in Lake Naivasha Basin, Kenya," Water Economics and Policy (WEP), World Scientific Publishing Co. Pte. Ltd., vol. 2(02), pages 1-25, June.
    9. 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.
    10. Pongspikul, Tayatorn & McCann, Laura M., 2020. "Farmers’ Adoption of Pressure Irrigation Systems: The Case of Cotton Producers in the Southeastern versus Southwestern U.S," 2020 Annual Meeting, July 26-28, Kansas City, Missouri 304332, Agricultural and Applied Economics Association.
    11. John G. Tisdell, 2011. "Water markets in Australia: an experimental analysis of alternative market mechanisms," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 55(4), pages 500-517, October.
    12. James J. Murphy & Ariel Dinar & Richard E. Howitt & Erin Mastrangelo & Stephen J. Rassenti & Vernon L. Smith, 2006. "Mechanisms for Addressing Third-Party Impacts Resulting From Voluntary Water Transfers," Chapters, in: John A. List (ed.), Using Experimental Methods in Environmental and Resource Economics, chapter 5, Edward Elgar Publishing.
    13. Graveline, Nina & Grémont, Marine, 2021. "The role of perceptions, goals and characteristics of wine growers on irrigation adoption in the context of climate change," Agricultural Water Management, Elsevier, vol. 250(C).
    14. Mendelsohn, Robert & Seo, Niggol, 2007. "Changing farm types and irrigation as an adaptation to climate change in Latin American agriculture," Policy Research Working Paper Series 4161, The World Bank.
    15. Gonzalo Villa-Cox & Paul Herrera & Ramón Villa-Cox & Elvia Merino-Gaibor, 2017. "Small and Mid-Sized Farmer Irrigation Adoption in the Context of Public Provision of Hydric Infrastructure in Latin America and Caribbean," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 31(14), pages 4617-4631, November.
    16. Macharia, Anthony M. & Carpio, Carlos E. & Kirimi, Lilian, 2018. "Heterogeneity In Irrigation Technology Impacts: Implications For Adoption," 2018 Annual Meeting, August 5-7, Washington, D.C. 274358, Agricultural and Applied Economics Association.
    17. 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.
    18. Craig D. Broadbent & David S. Brookshire & Don Coursey & Vince Tidwell, 2017. "Futures Contracts in Water Leasing: An Experimental Analysis Using Basin Characteristics of the Rio Grande, NM," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 68(3), pages 569-594, November.
    19. Green, Gareth P. & Sunding, David L., 1997. "Land Allocation, Soil Quality, And The Demand For Irrigation Technology," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 22(2), pages 1-9, December.
    20. Anissa Gara & Mohamed Hammami & Sofiene Hammami & Mohamed Karim Aounallah & Rabeb Elmouaddab & Mariem Nahdi & Lamia Laajili-Ghezal, 2020. "Econometric analysis of acceptance of soil and water conservation techniques in the semiarid region of Zaghouan (North-East Tunisia)," Asian Journal of Agriculture and rural Development, Asian Economic and Social Society, vol. 10(1), pages 440-449, June.

    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:aaea13:150511. 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.