Agricultural development may support broader economic development, though agricultural expansion may also crowd-out local non-agricultural activity. On the United States Plains, areas over the Ogallala aquifer experienced windfall agricultural gains when post-WWII technologies increased farmers'...

Institutions play a vital role in the efficient allocation of water. However, institutions using a ‘top-down’ approach generate distortions in the water management system. Similarly, moving away from supply-side oriented water management towards demand-side oriented one within the...