Intertemporal Farm Response to Limited Groundwater Conditions

Noel R. Collehon and Raymond J. Supalla

No 270338, 1988 Annual Meeting, August 1-3, Knoxville, Tennessee from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Intertemporal farm-level irrigation planning decisions associated with a policy mandated limited water supply are examined with a two-state dynamic programming model. The model uses a backward solving algorithm with farm and field level data. General conclusions on policy structure and producer response are drawn from a test application.

Keywords: Agricultural and Food Policy; Farm Management; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Pages: 18
Date: 1988-08-01
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea88:270338

DOI: 10.22004/ag.econ.270338

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