Data/hora: 01/06/2024 14:23:59

Provedor de dados: 	31	
País: 	United States	
Título: 	Economic Efficiency of Short-Term Versus Long-Term Water Rights Buyouts	
Autores: 	Wheeler,   Erin A.; Golden,   Bill B.; Johnson,   Jeffrey W.; Peterson,   Jeffrey M.	
Data: 	2009-01-22	
Ano: 	2008	
Palavras-chave: 	Dynamic production function; Nonlinear optimization; Ogallala Aquifer; Water rights buyout; Agribusiness; Environmental Economics and Policy; Q30; Q32; Q38.	
Resumo: 	Because of the decline of the Ogallala Aquifer, water districts, regional water managers, and state water officers are becoming increasingly interested in conservation policies. This study evaluates both short-term and long-term water rights buyout policies. This research develops dynamic production functions for the major crops in the Texas Panhandle. The production functions are incorporated into optimal temporal allocation models that project annual producer behavior, crop choices, water use, and aquifer declines over 60 years. Results suggest that long-term buyouts may be more economically efficient than short-term buyouts.	
Tipo: 	Journal Article	
Idioma: 	Inglês	
Identificador: 	http://purl.umn.edu/46987	
Relação: 	Journal of Agricultural and Applied Economics&gt;Volume 40, Number 02, August 2008	
Formato: 	9