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| Brozovic, Nicholas; Islam, Shahnila. |
| In recent years there has been increasing regulation of agricultural water use in order to reduce transboundary and environmental water conflicts. Effective policy analysis needs to have tools to estimate correctly the value of irrigation water. Irrigating land increases crop yields and this higher profitability should be capitalized into the sales price of the land. For irrigation that depends on surface water rights, studies have found this to be the case (Xu et al. 1993, Faux and Perry 1999). However, studies that have analyzed the value of groundwater in irrigation have found mixed results. Hartman and Taylor (1989) and Sunderland, Libbin and Torell (1987) find that groundwater irrigation has no significant effect on land prices; Torrell et al. (1990)... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Groundwater; Hedonics; Propensity score matching; Environmental Economics and Policy. |
| Ano: 2010 |
URL: http://purl.umn.edu/61337 |
