Download or read book Essays on the Economics of Agricultural and Residential Water Management written by Oliver R. Browne and published by . This book was released on 2018 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ensuring the efficient allocation of water resources among end users has become crucial in light of increasing climate variability and the high capital and environmental costs of developing new supply. However, within the two largest sectors of water consumption -- agricultural users and residential users -- the different nature of water use and governing institutions gives rise to different challenges in allocating water across competing demands. This dissertation comprises two essays, both case studies evaluating policies to improve water management in each sector respectively. Informed by different settings, I use novel data and methods to estimate impacts of the distinct reforms. The two chapters provide lessons about how policymakers in either sector can improve water management in the future.

Download or read book Essays on California s Water Economy written by Hilary Beth Soldati and published by . This book was released on 2017 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation consists of three essays that provide insights into the economics of water across different dimensions of the resource and its role in the state of California. The first essay examines the social welfare impacts of variation in irrigation supplies that are available through major public projects. Discussion of the value and significance of the irrigation services that are made available through the Sacramento-San Joaquin Bay Delta often focus on the immediate impacts to agricultural production and direct farm jobs. This essay, however, considers the reach of these impacts by evaluating how agriculturally based communities are effected by shortages in irrigation supplies. The second and third essays shift attention toward urban water usage. Methods of forecasting urban water demand are reconsidered and a suggestion is made for an alternative approach to evaluating the predictive power of demand models in the second essay. Finally, the third essay measures the effect of consumption analytics and social norm messaging on household decision-making around water usage. Taken together, these three essays address some of the key features of California's water economy. While there exists much research that measures the impact of precipitation shocks on agricultural regions, whether in production or in other outcomes, less research is available that specifically focuses on the impacts of variation in developed irrigation supplies. Given that developing irrigation infrastructure is oft regarded as an adaptation strategy for climate change, it is worth understanding how shocks in the supply of managed water effect individual and regional outcomes. The first essay exploits exogenous variation in the availability of California's Sacramento-San Joaquin Delta irrigation water to estimate the impact on crime rates for the agricultural counties that use this input. This research provides suggestive evidence in support of the hypothesis that reductions in the availability of this irrigation supply lead to a socially and economically significant increase in both property and violent crime rates. Empirical results support the argument that farm jobs is the mostly likely mechanism, with suggestive evidence that demographic changes are also important. Urban water managers rely heavily on forecasts of water consumption to determine management decisions and investment choices. Typical forecasts rely on simple models whose criteria for selection has little to do with their performance in predicting out-of-sample consumption levels. This essay demonstrate this issue by comparing forecast models selected on the basis of their ability to perform well in-sample versus out-of-sample. Results highlight the benefits of developing out-of-sample evaluation criteria to ascertain model performance. Using annual data on single-family residential water consumption in Southern California, this research illustrates how prediction ability varies according to model evaluation method. Using a training dataset, this analysis finds that models ranking highly on in-sample performance significantly over-estimated consumption $(10\%-25\%)$ five years out from the end of the training dataset relative to observed demands five years out from the end of the training dataset. Whereas, the top models selected using the out-of-sample criteria came within 1\% of the actual total consumption. Notably, projections of future demand for the in-sample models indicate increasing aggregate water consumption over a 25-year period, which contrasts the downward trend predicted by the out-of-sample models. The third essay estimates how household-level water consumption may be impacted by the distribution of Home Water Use Reports (HWURs) by Dropcountr (DC), a digital and web-based consumption analytics platform. Similar to Opower in the energy sector, DC offers social comparison, consumption analytics, and conservation information to residential accounts, primarily through digital communications. Having initiated relationships with several California utilities, as well as major Texas and Colorado providers, the effect of these programs may be measured and will contribute to three areas of academic literature: 1) the study of social norms and moral suasion on consumption behavior, in general; 2) the effects of such methods in the water sector, in specific; and 3) understanding alternatives to price mechanisms in demand-side management of water resources. This research discusses the potential of this type of information to generate measurable effects of interest, both to researchers and to water managers alike. Particular focus will be given to results with a mid-sized California utility and a major Texas provider. Early results indicate an economically and statistically significant $5-8\%$ and $3-4\%$ reduction in average monthly household water consumption for the California and the Texas utility, respectively, for the typical household under treatment of the DC program.

Download or read book Essays on Water Resource Economics and Agricultural Extension written by Steven Charles Buck and published by . This book was released on 2011 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation discusses topics in the microeconomics of water resource economics and agricultural extension. In one chapter I use a hedonic model to explain the price of land transactions, and from this an implied value of irrigation water is inferred. In a separate chapter I develop measures of willingness-to-pay for water supply reliability measures, and estimate how consumers respond to changes in the price of residential water. My final chapter develops a model of a farmer's decision to invest in learning from agricultural technicians about a new integrated pest management technology that improves yields and reduces agricultural run-off of pesticides into surface waterways. Each chapter is grounded in microeconomic models of decision-making.

Download or read book Three Essays on the Economics of Water Management in Agriculture written by Mani Rouhi Rad and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economics of Water Management in Agriculture written by Thomas Bournaris and published by CRC Press. This book was released on 2014-08-26 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book includes a set of papers from distinguished scholars who critically examine economic issues relating to the relationship between water and agriculture, with a special focus on irrigation. Employing state of the art methodologies, they address the most relevant issues in water policy. The volume offers a wide spectrum of innovative approac

Download or read book Frontiers in Water Resource Economics written by Renan-Ulrich Goetz and published by Springer Science & Business Media. This book was released on 2006-03-09 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most of the books published previously in the field of water resource eco nomics focus on particular aspects of water economics such as institutions, pricing or water markets, but none of them have given particular attention to methodological questions. However, the applied methodology within economic research has made some remarkable advances over the last 10-20 years. Some of these advances are of particular interest to the field of water economics. Therefore, we think that a book that focusing on methodological advances within the field of water resource economics and showing how these advances can be applied in economic analysis of water issues makes a nice complement to the existing literature in this field. We identified five areas where we consider the methodological advances to be of particular importance: 1) asymmetric information and game theory, 2) un certainty, 3) space, 4) water quality and 5) production and technology adoption. The selected papers for the book fall entirely within these categories. The book ''Frontiers in Water Resource Economics" draws to a great extent on papers which were presented at the 7^^ Conference of the International Water and Re source Economics Consortium, June 3-5,2001 held in Girona, Catalonia, Spain, This conference was jointly organized with the 4^^ Conference of Environmen tal and Resource Economics by the Department of Economics, University of Girona.

Download or read book Essays on Water Resource Economics written by Daniel A. Brent and published by . This book was released on 2013 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: A canonical example in economics of the difference between marginal and total value is the diamond-water paradox. The high price of diamonds is derived from their rarity; whereas the price of water is low due to its abundance, even though it is essential to sustain human life. Scarcity, rather than abundance, better characterizes water availability for many people and this dissertation studies how applied economic principles can be utilized to manage water resources. The first chapter estimate the costs of water volatility in the agricultural sector through a hedonic analysis of heterogeneous water rights. Security for water rights is capitalized into the value of agricultural land, which informs the magnitude and distributional welfare effects of droughts. Tests for an endogenous changepoint fails find a time-varying price premium, indicating that the costs of increased water volatility due to climate change are not manifested in agricultural property markets. The second and third chapters focus on economic and behavioral incentives in urban municipal water demand. Chapter 2 presents a disaggregated model of water demand to separately estimate intensive and extensive margin demand elasticity. Identification is achieved through a novel method merging remotely sensed satellite data on vegetative cover with water metering records. The time series of vegetative cover captures changes in landscape over time and identifies the extensive margin elasticity - a parameter that has only been estimated implicitly through the difference in short run and long run demand. Households that maintain green lawns are less responsive to prices than households either change landscapes or have a mixed landscape. Higher water rates increase the probability of converting to low water-intensive landscapes, which in turn is a major driver of long-run demand. The extensive margin with respect to changing landscapes comprises 7%-48% of total elasticity for households with significant outdoor water use. The final chapter examines the impact of non-pecuniary incentives stemming from the behavioral economics literature on water demand. In a randomized field experiment social comparisons are found to significantly decrease water demand with substantial heterogeneity both across and within utilities. The utility with the highest average treatment effect saved three times as much water in percentage terms as the utility with the lowest average treatment effect. Higher users are more responsive to the program and there are important interactions between social norms and existing utility conservation programs. Water resources face stress due to population growth, rising incomes, and climate change and these stressors will only increase in the future. This dissertation addresses several key issues in agricultural and residential that aim to increase knowledge and aid public policy of managing water resources in times of scarcity.

Download or read book Essays on the Economics of Groundwater Depletion and Management in Irrigated Agriculture written by Gabriela Perez-Quesada and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The depletion of groundwater stocks reduces the flow of economic value and the production of goods from the resource. This dissertation quantifies these effects in the context of the High Plains Aquifer in the central US. One particular challenge in estimating these effects that we overcome is that feedback effects from irrigation behavior affect resource conditions, which creates an endogeneity concern. We also provide new insights on the potential of collective efforts by irrigators to manage the resource. We study how heterogeneity in resource and user characteristics affect their individuals' willingness to support efforts to collectively reduce water use. The first chapter estimates how changes in groundwater stocks affect the returns to agricultural land. We avoid bias from feedback effects by exploiting hydrologic variation in pre-development saturated thickness that was determined by natural processes in previous geological eras. Simulation results reveal that the average annual present value of returns to land are expected to decrease in the High Plains region by $120.6 million in 2050, and by $250.5 million in 2100. The most severe decreases in returns to land are expected to occur in Texas, Kansas, and Colorado. When the initial saturated thickness is less than 70 feet, most of the economic impact (63%) of a decrease in the stock of groundwater occurs through an adjustment in irrigated acreage (extensive margin), while 37% occurs through reduced irrigated rental rates (intensive margin). When saturated thickness is larger, nearly all of the response is at the extensive margin. The second chapter examines how observed differences in the stock of groundwater affect corn production. To account for the endogeneity of groundwater stock, we exploit variation in current saturated thickness due to variation in pre-development saturated thickness. Simulation results reveal that the annual production of corn would decrease by 48.1 million bushels in the north portion of the High Plains Aquifer due to a uniform 10 ft decrease in saturated thickness, whereas the annual production of corn would decrease by 15.7 million bushels in the south. Further, we find that when initial saturated thickness is less than 70 ft, most of the impact on corn production of a decrease in the stock of groundwater occurs through an adjustment in irrigated acres in both the north and the south. When saturated thickness is larger than 70 ft, then the adjustment is mostly through a change in cropping patterns on irrigated land in the south but still through irrigated acres in the north. The third chapter uses unique data obtained from consequential stated preference surveys in Kansas to explore the factors that influence farmers preferred reductions in groundwater use through a water conservation program implemented by a Groundwater Management District. Our results reveal that farmers located in areas where the aquifer is more depleted support larger reductions in groundwater use. But we also find that characteristics of the users matter as much or more than the status of the aquifer in determining support. Opposition to reductions in water use are strongest among farmers who strongly agree that water rights are a private property, landlords and those who irrigate a larger proportion of their farm. Further, we evaluate farmers' preferences for the methods of assigning water allocations. We find that none of the options are preferred by a majority of farmers and there is no clear evidence that aquifer characteristics or observed farmer characteristics are the key factors affecting the probability that a farmer ranks a method as the best option. This makes it difficult for groundwater managers to identify which method is more likely to be considered fair by farmers. Our results are informative for managers of water throughout Kansas, the High Plains and other regions where conserving water resources is a high priority and localized and stakeholder-driven conservation plans could be a solution.

Download or read book Current Issues in the Economics of Water Resource Management written by P. Pashardes and published by Springer Science & Business Media. This book was released on 2013-04-17 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: The marginal price elasticities estimated by Martinez-Espineira conforms to expectation. The price specification that accounts for the changing proportion of water users in each block yields a higher elasticity (-0. 47) compared to the spec ification ignoring this feature of the data. However, this difference is not found to be statistically significant, a result attributed to the low power of the test (small sample size limiting the accuracy of estimates). In conclusion, the paper provides a theoretically correct price specification for demand functions under block pricing and aggregate data. The empirical findings in the paper, however, are not conclusive and further empirical work using more data and alternative (nonlinear) demand functions, is needed to show the practical implications of the arguments put forward by the Martinez-Espineira's paper. Static empirical consumer demand functions estimated with aggregate data are well known to suffer form serial correlation and other statistical problems asso ciated with misspecified dynamics. These dynamics arise because consumers do not react immediately to a change in prices due to their largely predetermined lifestyle. In the case of demand for water, for example, current purchases can be largely predetermined due to commitments arising from past purchases such as swimming pools, bathtubs, dishwashing machines, etc. Muellbauer and Pashardes (1992) show that the autoregressive nature of consumer demand data can be cap tured in a theoretically consistent manner by incorporating intertemporal aspects of consumer behaviour in the model through habit formation and durability.

Download or read book Essays on the Economics of Water written by Nicholas William Hagerty and published by . This book was released on 2018 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis studies three questions in the economics of water resource management. Chapter 1 estimates the economic gains available from greater use of large-scale water markets in California. I develop a revealed-preference empirical approach that exploits observed choices in the existing water market, and I apply it to comprehensive new data on California’s water economy. This approach overcomes the challenge posed by transaction costs, which insert an unobservable wedge between observed prices and marginal valuations. First, I directly estimate transaction costs and use them to recover equilibrium marginal valuations. Then, I use supply shocks to estimate price elasticities of demand, which govern how marginal valuations vary with quantity. I find even a relatively modest market scenario would create additional benefits of $480 million per year, which can be weighed against both the benefits of existing market restrictions and the setup costs of larger-scale markets. Chapter 2 estimates the possible costs of industrial water pollution to agriculture in India, focusing on 63 industrial sites identified by the central government as “severely polluted.” I exploit the spatial discontinuity in pollution concentrations that these sites generate along a river. First, I show that these sites do in fact coincide with a large, discontinuous rise in pollutant concentrations in the nearest river. Then, I find some evidence that agricultural revenues may be substantially lower in districts immediately downstream of polluting sites, relative to districts immediately upstream of the same site in the same year. These results suggest that damages to agriculture could represent a major cost of water pollution. Chapter 3, co-authored with Ariel Zucker, presents an experimental protocol for a project that pays smallholder farmers in India to reduce their consumption of groundwater. This project will test the effectiveness of payments for voluntary conservation – a policy instrument that may be able to sidestep regulatory constraints common in developing countries. It will also measure the price response of demand for groundwater in irrigated agriculture, a key input to many possible reforms. Evidence from a pilot suggests that the program may have reduced groundwater pumping by a large amount, though confidence intervals are wide.

Download or read book Essays on Economics of Water Resources Management written by Chan Chang and published by . This book was released on 1992 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Water Resource Economics and Policy written by W. D. Shaw and published by Edward Elgar Publishing. This book was released on 2021-02-26 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: This second edition includes updated information and an exploration of water issues outside the United States, as well as a new application of behaviorial and experimental economics to the topic. A concise introduction to issues of water quality and quantity in both urban and agricultural settings, Water Resource Economics and Policy will be a valuable resource or text for students and researchers in the fields of agricultural economics, geography, law and hydrology. Those involved in water resource agencies and private utilities will also find the book a useful reference.

Download or read book Three Essays on the Economics of Water Rights written by Karin Audrey Donhowe and published by . This book was released on 2016 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: Finally, in the third chapter I explore differences in Bureau of Reclamation (BOR) water management across its projects. BOR delivers water to farmers in Western states based on long-term contracts with irrigation districts that specify how much land can be irrigated, the quantity of water allotted per acre, and terms of payment. There is variation across Reclamation projects in terms of rights ownership, water allocation, and the ability to transfer water. These areas of institutional variation affect the security of farmers' claims to water, and security of rights in turn affects investment decisions, crop choice, and the value of water rights. This paper documents water management across five of the largest BOR irrigation projects and evaluates the implications of the variation.

Download or read book Economics of Irrigation Water Management written by and published by World Bank Publications. This book was released on with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Economics of Water Demands written by Steven Renzetti and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book arose out of a paper that I wrote for the World Bank at the request of Ariel Dinar, the editor for the series in which this volume appears. I began that paper by pointing to the growing importance of demand-side considerations in water resources: "The provision of potable water is one of government's oldest functions with evidence of this activity stretching back thousands of years. During much of that time, water demands were taken as exogenously given and the principle task of authorities was defined as an engineering one: how to supply a given quantity of water at least cost. In recent years, however, concerns have arisen from observations of excessive water use, degraded water quality and continued inadequate service for many, especially the very poor. As a result of these and other concerns, there is a growing effort to view water resource allocation from a perspective that incorporates consumers' preferences along with supply constraints into management plans. " (Renzetti, 2000, p. 123). The purpose of this volume is to examine, in greater detail than was possible in that article, what is known regarding the economic characteristics of the demand for water. Thus, this book is meant to be an extended critical review of the state of the art.

Download or read book Economics of Water Resources From Regulation to Privatization written by Nicolas Spulber and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this book is to develop a general economic model which integrates the quantity and quality issues of water resource management and to provide, along with a detailed criticism of the policy instruments now in use, alternative proposals concerning the efficient allocation and distribution of water. In particular we treat water as a multi-product commodity where the market plays a major role in determining water quality-discriminant pricing and its value to the user. We examine the process of moving from administrative allocation and regulation to privatization of the water industry as the key element in promoting effective competition and in providing economic incentives for greater efficiency. Water quantity and quality, considered independently of each other, have been the subject of numerous studies during the last twenty years. Let us recall briefly the most outstanding among them. A variety of models have been constructed concerning the optimal scheduling and sequence of water-supply projects: dynamic programming for solving multi-bjective functions in water resource development; planning models for coordinating regional water-resource supply and demand, etc. Other studies have devised water-quality management models, including multi-period design of regional or municipal wastewater systems; cost-allocation methods to induce effluent dischargers to participate in regional water systems; models to predict the quality of effluent (in particular, whether it meets certain established standards); models for finding optimal waste-removal policies at each of the polluting sources, and so on.

Download or read book Economics of Water Resources written by Mary E. Renwick and published by Routledge. This book was released on 2018-01-18 with total page 547 pages. Available in PDF, EPUB and Kindle. Book excerpt: Water is becoming an increasingly scarce commodity in many parts of the world. Population growth plus a growing appetite for larger quantities of cheap water quality as a result of urban, industrial, and agricultural pollution coupled with increasing environmental demands have further reduced usable suppliers. This book brings together thirty of the best economic articles addressing water scarcity issues within the US and Mexico. By touching on a number of different issues, this volume clearly articulates the need for improving existing institutional arrangements as well as for developing new arrangements to address growing water scarcity problems.