Diao, Xinshen; Dinar, Ariel; Roe, Terry; Tsur, Yacov - In: Agricultural Economics 38 (2008) 2, pp. 117-135
Groundwater resources (GW) account for nearly 30% of the world's sustainable water supplies. Yet, this resource, which is fraught with externalities, has largely been left unregulated. The economic literature on GW is predominantly of a partial equilibrium type. We analyze GW regulation in a...
