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 … variation in the price of electricity, a key input into groundwater extraction, we find that farmers are very price responsive …

Groundwater mining is inadequately addressed by state and federal policies in the United States. New Mexico's failure … to manage groundwater aquifers has resulted in costly federal rescue projects. Better information and involvement of … communities in groundwater policy would provide for more sustainable use of this resource …