Effectiveness of Two Water Conservation Policies: An Integrated Modeling Approach
Agriculture in the Texas High Plains depends entirely on the Ogallala Aquifer. Texas enacted water conservation legislation to address declining reserves in the aquifer. We developed an integrated regional water policy model that links a hydrology model with an economic optimization model to estimat...
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Veröffentlicht in: | Journal of agricultural and applied economics 2010-11, Vol.42 (4), p.695-710 |
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container_title | Journal of agricultural and applied economics |
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creator | Das, Biswa R. Willis, David B. Johnson, Jeffrey |
description | Agriculture in the Texas High Plains depends entirely on the Ogallala Aquifer. Texas enacted water conservation legislation to address declining reserves in the aquifer. We developed an integrated regional water policy model that links a hydrology model with an economic optimization model to estimate policy impacts with respect to economic cost and water conservation. Testing the effectiveness of two policies, a groundwater extraction tax and extraction quotas, we observe that neither significantly inhibits groundwater use. Although both policies conserve similar amounts of groundwater, the regional cost of the tax policy to agriculture is more than the quota policy. |
doi_str_mv | 10.1017/S1074070800003898 |
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source | AgEcon; EZB-FREE-00999 freely available EZB journals |
subjects | Agriculture Aquifers Economic models Environmental policy Farms Fiscal policy Groundwater Hydrology Integrated approach Optimization Stream flow Water conservation |
title | Effectiveness of Two Water Conservation Policies: An Integrated Modeling Approach |
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