Data/hora: 13/06/2024 23:58:04

Provedor de dados: | 31
País: | United States
Título: | IRRIGATION TECHNOLOGY INVESTMENT WHEN THE PRICE OF WATER IS STOCHASTIC
Autores: | Moreno,   Georgina; Sunding,   David L.
Data: | 2000-05-17
Ano: | 2000
Palavras-chave: | Resource /Energy Economics and Policy.
Resumo: | The paper considers the effect of changes in the distribution of water price on the incentives to adopt water-conserving irrigation technologies.  A two-stage decision model is developed wherein agents make long-term decisions about irrigation technology investments and decide production levels based on short-term realizations of water price. Comparative statics results show that the impact of changes in the distribution of water price hinge on the responsiveness of cultivated acreage to fluctuations in the price of water.  The model is tested using data on irrigation technology investment from California's San Joaquin Valley.  Econometric results strongly support the conceptual model, and show that changes in the distribution of water price have systematically different impacts on permanent and annual crops.
Tipo: | Conference Paper or Presentation
Idioma: | Inglês

Identificador:

2025

http://purl.umn.edu/21730

Editor: | AgEcon Search

Relação:

American Agricultural Economics Association&gt;2000 Annual meeting, July 30-August 2, Tampa, FL

Selected Paper

Formato:

13

application/pdf