Groundwater in sufficient amounts and of suitable quality is essential for potable water supplies, crop irrigation and … healthy habitats for plant and animal biocenoses. The groundwater resource is currently under severe pressure from land use … policy measures on sustainable use and protection of groundwater. Little is known about how such changes affect groundwater …

Efficient pricing of a resource incorporates both marginal cost of extraction and scarcity rents. Since groundwater … establishing clear groundwater ownership rights, scarcity value frequently goes unrecognized and is difficult to estimate. This … the initial and most challenging step towards efficient groundwater management. Empirical analyses are based on economic …