prices, water availability and climate conditions for the second half of a decade long drought in the Murray–Darling Basin …, Australia. We find statistically significant evidence of irrigation area decline with reductions in water allocations and … water allocations estimated are much less than those implicit in other economic assessments of water scarcity impacts for …

The 2011 and 2012 droughts considerably affected the Ogallala Aquifer supplying irrigation water for agricultural … production in the US High Plains (HP). Shrinking water resources and growing demand for water create a challenging tradeoff … situation. This also poses a question about the value of water and efficient water allocation. Currently, water rates for …