Rising urban and environmental demand for water has created growing pressure to re-allocate water from traditional agricultural uses. The evolution of water markets has been more complicated than those for other resources. In this paper, we first explain these differences by examining water...

"Greater historical perspective is needed to enlighten current debate about future human responses to higher temperatures and increased precipitation variation. We analyze the impact of climatic conditions and variability on agricultural production in five semi-arid western states. We assemble...

Use of water in agriculture has a major driving force behind general water use patterns in the United States. To assess water's usage and value to agricultural production, this paper adopts the two error stochastic frontier analysis model of Battese and Coelli (1995) to estimate a translog...