Water Conservation Policy Alternatives for the Ogallala Aquifer in the Texas Panhandle

Robert H. Taylor, Lal K. Almas and David G. Lust

No 46746, 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia from Southern Agricultural Economics Association

Abstract: The continued decline in the availability of water from the Ogallala Aquifer has led to an increased interest in conservation policies designed to extend the life of the aquifer to sustain rural economies in the Texas Panhandle. This study evaluates the effectiveness of five policies in terms of changes in the saturated thickness of the aquifer as well as the impact each policy has on crop mix, water use per acre, and the net present value of farm profits over a sixty-year planning horizon for the region.

Keywords: Agricultural and Food Policy; Environmental Economics and Policy; Land Economics/Use; Production Economics; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Pages: 19
Date: 2009
New Economics Papers: this item is included in nep-agr and nep-env
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saeana:46746

DOI: 10.22004/ag.econ.46746

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