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Book Three Essays on the Economics of Water Quality in the United States

Download or read book Three Essays on the Economics of Water Quality in the United States written by David Andrew Keiser and published by . This book was released on 2014 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Three Essays in Water and Climate Economics

Download or read book Three Essays in Water and Climate Economics written by Nicholas Anthony Potter and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation includes three chapters on the economics of climate, water resources, agricultural production, and conflict. Chapter one is an introduction. In chapter two I provide an analysis of the impact of exposure to temperature on returns to irrigated and nonirrigated cropland. Chapter three is a theoretical approach to understand the economic implications of the forfeiture of water rights for nonuse. Chapter four looks at the relationship between drought, conflict, and governance using a disaggregated spatial analysis.Chapter two is on temperature effects on snowpack-dependent surfacewater irrigated production systems in the western US. Irrigated production in that region is characterized by a diverse mix of high value crops, so producers may have more of an ability to adapt to hotter temperatures. I focus on county rental prices for irrigated and nonirrigated cropland and find that economic returns to cropland begin to decrease starting at about 25℗ʻC for irrigated acres and 20℗ʻC for nonirrigated acres.Chapter three covers the economic history that led to the creation of forfeiture policies for the nonuse of surface water rights in the western US. I develop a theory of water rights under prior appropriations with forfeiture and use it to examine why forfeiture policies were adopted in all western states that allocate water via prior appropriation. Forfeiture reduced risk to junior water rights holders and limited speculative water claims, but did so at the cost of increased transaction costs when trading water rights. While these were small when remaining water resources were available to be claimed, they are significantly more costly when all water in a basin has been allocated.In chapter four I combine a spatiotemporal grid of drought and geolocated conflict with several measures of governance characteristics to examine how governance mediates the relationship between drought and conflict. I find little evidence of a relationship between drought and conflict in Africa and Latin and South America. In countries that are more democratic or in which doing business is easier, an increase in drought reduces the likelihood of riot incidence. Other governance measures have no discernible effect.

Book Essays on Economics of Water Resources Management

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:

Book Entropy  Water and Resources

Download or read book Entropy Water and Resources written by Horst Niemes and published by Springer Science & Business Media. This book was released on 2010-05-30 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book lies at the intersection of natural sciences, economics, and water en- neering and is in line with the long tradition of environmental economics at the University of Heidelberg. In the 1970s, the Neo-Austrian Capital Theory was developed using the fundamental laws of thermodynamics as a common language between the natural and social sciences. Niemes (1981) integrated the dynamic and irreversibility characteristics of the natural environment into the Neo-Austrian c- ital theory. Faber et al. (1983, 1987, 1995) then extended this interdisciplinary approach further to create a comprehensive, dynamic, environmental resource model. Over the last 3 decades, the theoretical foundations of environmental economics have been modi ed and there have been an impressive variety of applications. This book aims to reduce the gaps between economic theory, natural sciences, and engineering practice. One of the reasons these gaps exist is because economic assumptions are used to construct dynamic environmental and resource models, which are not consistent with the fundamental laws of the natural sciences. Another reason for the gap might be the distance between academic theory and real world situations. Based on an extended thermodynamic approach, the authors explain which economic assumptions are acceptable for constructing a dynamic model that is consistent with the natural sciences. In particular, the special role of water in the production and reproduction activities will be considered as an integral component.

Book The Economics of Water Resources

Download or read book The Economics of Water Resources written by Agha Ali Akram and published by . This book was released on 2015 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Essays on the Economics of Water

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.

Book Essays on the Economics of Land Use and Water

Download or read book Essays on the Economics of Land Use and Water written by Jordan Frederick Suter and published by . This book was released on 2008 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Three Essays on the Economics of Water Management in Agriculture

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:

Book Essays on California s Water Economy

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.

Book Three Essays on the Economics of Water Quality and Availability

Download or read book Three Essays on the Economics of Water Quality and Availability written by Saman Olfati and published by . This book was released on 2008 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Essays in the Economics of Drinking Water

Download or read book Essays in the Economics of Drinking Water written by Katrina Kohajda Jessoe and published by . This book was released on 2009 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Essays on Water Economics

Download or read book Essays on Water Economics written by Federico Bruno Pontoni and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Three Essays on the Economics of Land Use and Water Quality

Download or read book Three Essays on the Economics of Land Use and Water Quality written by and published by . This book was released on 2006 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Essays on the Economics of Water and Energy Conservation

Download or read book Essays on the Economics of Water and Energy Conservation written by Steven F. Wallander and published by . This book was released on 2009 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Essays on Water Resource Economics

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.

Book The Value of Water

Download or read book The Value of Water written by Donna Vincent Roa Phd and published by . This book was released on 2014-09-10 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Water, with its high-profile risk, poses a threat to business continuity, reputation, product margins, growth, while at the same time creating value and opportunities. Businesses compete for access to water and must continually adapt to its availability, quality, and access. CEOs, C-suite executives, and other leaders are at the helm of this changing business dynamic and have the narratives that can change our understanding of the value of water from a business perspective. Originator of the book project, Donna Vincent Roa, in partnership with The Value of Water Coalition, prepared ?The Value of Water: A Compendium of Essays by Smart CEOs? to capture essays from leaders on water, its value to business, and its relationship to brand, reputation, business continuity, economic success, public health, and more. This book documents CEOs and the top leader in water utilities' insights on the value of water, probes complex issues, informs the conversation about water?s future for business and the perceived value of water, explores how the value of water leadership has resulted in improved business performance, shows that ?business as usual? exploitation of our water resources needs to change, and shares best practices, lessons learned, and calls to action.We hope that these insights inform your perspectives about water, convince you that we all need to be stewards of this precious resource, and ultimately, change your water consciousness and awareness about the value of water.

Book Essays in Water Resource Economics

Download or read book Essays in Water Resource Economics written by and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: