, but analysis of their role is limited by a lack of systematic data. We examine governance institutions in California's 445 … groundwater basins using a new dataset to identify factors that influence the adoption of extraction controls. In 309 basins … severely overdrafted. Meanwhile, users in 31 basins have defined groundwater property rights, the most complete solution. We …

discrete choice model, we estimate that a counterfactual $10 per-acre-foot groundwater tax--a level consistent with California …Groundwater is a key resource for agricultural production globally. Increasingly rapid aquifer drawdowns--as well as … consequences. This paper provides the first large-scale empirical estimates of how farmers respond to changes in groundwater costs …

their effectiveness remains elusive. We develop a model of dynamic groundwater extraction to demonstrate how a spatial … property rights. We apply this estimator to a major aquifer in water-scarce southern California and find that the introduction …