Market Failure in Multiphase Electric Power Development for Agricultural Irrigation

The adoption of multiphase electric power for electric irrigation has been limited in an area characterized by extremely rapid expansion of irrigated acreage despite production cost advantages. Theoretical and empirical evidence of failure in the existing market for multiphase power development are...

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Veröffentlicht in:Journal of agricultural and applied economics 1985-12, Vol.17 (2), p.57-66
Hauptverfasser: Tew, Bernard V., Broder, Josef M., Musser, Wesley N., Centner, Terence J.
Format: Artikel
Sprache:eng
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Zusammenfassung:The adoption of multiphase electric power for electric irrigation has been limited in an area characterized by extremely rapid expansion of irrigated acreage despite production cost advantages. Theoretical and empirical evidence of failure in the existing market for multiphase power development are presented. Alternative development mechanisms are presented and discussed.
ISSN:1074-0708
0081-3052
2056-7405
0081-3052
DOI:10.1017/S008130520002505X