External Costs of Land Subsidence Houston-Baytown Area
John P. Warren,
Lonnie L. Jones,
Ronald D. Lacewell and
Wade L. Griffin
American Journal of Agricultural Economics, 1975, vol. 57, issue 3, 450-455
Abstract:
Groundwater withdrawal from underground aquifers in excess of natural recharge is causing land surface subsidence along the Texas coast. External costs of subsidence are estimated from a survey of damages and losses in property value in the Houston-Baytown area of Texas. Estimates of total costs, primarily in fresh- and saltwater flooding, are used in a break-even analysis to compare areal costs of groundwater to costs of water from surface sources. Substitution of surface water for all groundwater that results in subsidence is suggested as a means of minimizing total water costs to the area.
Date: 1975
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Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:57:y:1975:i:3:p:450-455.
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