Groundwater Management in a Food Security Context

Jean-Christophe Pereau, Lauriane Mouysset and Luc Doyen (luc.doyen@cnrs.fr)

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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: dynamic model; viability kernel; individual permits; sustainable development; groundwater; développement durable; modèle dynamique; irrigation; agriculture; securité alimentaire; eau souterraine (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (5)

Published in Environmental and Resource Economics, 2018, 71 (2), pp.319-336. ⟨10.1007/s10640-017-0154-3⟩

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Related works:
Journal Article: Groundwater Management in a Food Security Context (2018)
Working Paper: Groundwater management in food security context (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01965775

DOI: 10.1007/s10640-017-0154-3

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