Mieno, Taro; Rouhi Rad, Mani; Suter, Jordan; Hrozencik, … - 2021
elasticity of resource demand. In the case of groundwater, previous research estimating well-level groundwater demand has largely … empirically estimate the price elasticity of demand for groundwater using well-level data from Colorado. Our results demonstrate … ignored the importance of well yield, which is a physical limit on the rate of groundwater extraction. In this research, we …