Estimation the Economic Value of Irrigation Water for Rice Farms in Iran

Shahab Kohzad, Seyed Nematollah Moosavi and Seyed Mohammad Hashem Moosavi Haghighi

Montenegrin Journal of Economics, 2020, vol. 16, issue 4, 109-121

Abstract: In Iran, there is a huge difference between the amount of water supply and demand in all sectors of the economy, especially in agriculture sector as the most consumer sector. Economic valuation is used as a strategy to balance supply and demand. The purpose of this study was to determine the economic value of agricultural water in rice farm of Khuzestan province. The farms were divided into two groups based on homogeneity and using cluster analysis method. Then, using the production function and analysis of five flexible and non-flexible functions, the best function was selected by statistical comparisons and finally the economic value of each group was calculated.

Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:mje:mjejnl:v:16:y:2020:i:4:109-121

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