WATER MANAGEMENT POLICIES FOR STREAMFLOW AUGMENTATION IN AN IRRIGATED RIVER BASIN
David B. Willis and
Norman K. Whittlesey
Journal of Agricultural and Resource Economics, 1998, vol. 23, issue 01, 21
Abstract:
The value of maintaining a minimum streamflow objective on average is lessened when there is considerable dispersion around the average. An integrated economic and hydrology model is presented which provides water policy planners with a way to accurately measure both the economic cost and hydrologic consequences of maintaining a minimum streamflow level in an irrigated river basin at alternative probabilities of maintaining the target flow level. Water markets for streamflow augmentation are shown to be the most cost-effective policy in the study area.
Keywords: Resource/Energy; Economics; and; Policy (search for similar items in EconPapers)
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:ags:jlaare:31184
DOI: 10.22004/ag.econ.31184
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