THE ECONOMIC VALUE OF GROUNDWATER: RECHARGE FOR IRRIGATION USE

Raymod J. Supalla and Dorothy A. Comer

No 278907, 1980 Annual Meeting, July 27-30, Urbana-Champaign, Illinois from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: A conceptual model is developed to evaluate the economic benefits from ground water recharge, under conditions where the major water use is irrigation. Both pumping cost savings and aquifer extension benefits are considered. This model is then applied to a Nebraska case where it was found that recharge benefits vary from less than $2 to nearly $20 as a function of aquifer response, the discount rate, commodity prices and energy prices.

Keywords: Land; Economics/Use (search for similar items in EconPapers)
Pages: 17
Date: 1980-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea80:278907

DOI: 10.22004/ag.econ.278907

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