Groundwater Management in a Food Security Context

Jean-Christophe Pereau, Lauriane Mouysset and Luc Doyen ()

Environmental & Resource Economics, 2018, vol. 71, issue 2, No 1, 319-336

Abstract: Abstract This article analyzes the sustainability of market-based instruments such as tradable permits for the management of a renewable aquifer used for irrigated agriculture. In our dynamic hydro-economic model, a water agency aims at satisfying a food security constraint within a tradable permit scheme in the presence of myopic heterogeneous agents. We identify analytically the viability kernel that defines the states of the resource yielding inter-temporal feasible paths able to satisfy the set of constraints over time and the associated set of viable quota policies. We then illustrate the theoretical results of the paper with numerical simulations based on the Western La Mancha aquifer.

Keywords: Groundwater; Agriculture; Irrigation; Food security; Individual permits; Sustainability; Dynamic model; Viability kernel (search for similar items in EconPapers)
JEL-codes: C61 Q15 Q25 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
http://link.springer.com/10.1007/s10640-017-0154-3 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
Working Paper: Groundwater Management in a Food Security Context (2018)
Working Paper: Groundwater management in food security context (2016)
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:kap:enreec:v:71:y:2018:i:2:d:10.1007_s10640-017-0154-3

Ordering information: This journal article can be ordered from
http://www.springer. ... al/journal/10640/PS2

DOI: 10.1007/s10640-017-0154-3

Access Statistics for this article

Environmental & Resource Economics is currently edited by Ian J. Bateman

More articles in Environmental & Resource Economics from Springer, European Association of Environmental and Resource Economists Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().