EconPapers    
Economics at your fingertips  
 

WILLINGNESS TO PAY FOR IRRIGATION WATER IN LOUISIANA

Tej K. Gautam, Krishna Paudel and Kurt M. Guidry

No 252821, 2017 Annual Meeting, February 4-7, 2017, Mobile, Alabama from Southern Agricultural Economics Association

Abstract: We conducted survey to collect information from Louisiana farmers to understand their concerns related to irrigation water quality and availability of sufficient water for crop irrigation. We used logistic models to estimate the willingness to pay (WTP) for irrigation water during critical crop growing periods. Variables affecting the participation in WTP are income, land holding size, risk aversion, and education. Our estimated results show that farmers with higher education are more likely to pay for irrigation water compared to farmers with high school and college degree. Age of the farmers, farm revenue, size of the rented land have negative effect on willingness to pay for irrigation water. The sizes of the owned land and risk aversion factor have positive effect on willingness to pay.

Keywords: Production Economics; Resource /Energy Economics and Policy (search for similar items in EconPapers)
Pages: 19
Date: 2017-02
New Economics Papers: this item is included in nep-agr, nep-dcm, nep-edu and nep-upt
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/252821/files/WTP_SAEA17.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:saea17:252821

DOI: 10.22004/ag.econ.252821

Access Statistics for this paper

More papers in 2017 Annual Meeting, February 4-7, 2017, Mobile, Alabama from Southern Agricultural Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search (aesearch@umn.edu).

 
Page updated 2024-12-28
Handle: RePEc:ags:saea17:252821