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Historically, water allocation focused on quantities demanded by consumptive uses. As quantity demand grows, efficient allocation among consumptive and nonconsumptive uses becomes more critical. This hedonic approach provides information regarding recreational and aesthetic (RA) value for a...
Persistent link: https://www.econbiz.de/10005484193
Linear programming and regional input-output models were applied to estimate the impacts of increased pumping costs for irrigated agriculture due to groundwater depletion principally caused by the expanding urban area of San Antonio, Texas. A biophysical simulator was use to estimate linear...
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Efficient allocation of water requires knowledge of water's value in both consumptive and nonconsumptive uses. This study estimates the marginal value of water in lake recreational and aesthetic (RA) use. An hedonic price equation (employing the Box-Cox functional form) indicates lake front...
Persistent link: https://www.econbiz.de/10005469125
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