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Registros recuperados: 7
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CONSERVATION PRICING AND GROUND WATER SUBSTITUTION AgEcon
Schuck, Eric C.; Green, Gareth P..
The United States Bureau of Reclamation has been exploring the use of water price as a tool for promoting water conservation. Raising water rates is an attractive means of reducing diversions from surface water systems supplied by the USBR. Rising water rates may promote ground water substitution. When irrigators have access to both surface and ground water, changes in the relative cost of each water source can encourage movement from one source to another. Ground water substitution will occur if the marginal cost of ground water becomes less than the price of surface water from the USBR. In this situation, surface water will be consumed until the point at which groundwater becomes cheaper, and then the irrigator will switch to groundwater. As a...
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2001 URL: http://purl.umn.edu/36043
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LAND ALLOCATION, SOIL QUALITY, AND THE DEMAND FOR IRRIGATION TECHNOLOGY AgEcon
Green, Gareth P.; Sunding, David L..
Economists have long argued that increasing the price of agricultural water will encourage the adoption of efficient irrigation technologies. This article considers the choice of irrigation systems conditional on prior land allocation decisions. Adoption functions for gravity and low-pressure irrigation technologies are estimated for citrus and vineyards crops using a field-level data set from California’'s Central Valley. Results show that the influence of land quality and water price on low-pressure technology adoption is greater for citrus than for vineyard crops. Consequently, the response of growers to changes in policy will be conditional and land allocation.
Tipo: Journal Article Palavras-chave: Land Economics/Use.
Ano: 1997 URL: http://purl.umn.edu/30863
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THE IMPORTANCE OF TARIFF STRUCTURE IN CONSERVATION PRICING AgEcon
Schuck, Eric C.; Green, Gareth P..
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2002 URL: http://purl.umn.edu/36607
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Land Allocation, Soil Quality and the Demand for Irrigation Technology AgEcon
Green, Gareth P.; Sunding, David L..
Tipo: Conference Paper or Presentation Palavras-chave: Land Economics/Use.
Ano: 1997 URL: http://purl.umn.edu/35807
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FARM LEVEL IRRIGATION TECHNOLOGY DECISIONS OVER TIME AgEcon
Schuck, Eric C.; Green, Gareth P..
A time-series cross-sectional model of irrigation technology choice is developed for an irrigation district in California's Central Valley to show how changes in the relative price of irrigation water and variations in water supply over time influence the choice of irrigation system. Results indicate changes in crop mix and variations in water supply are at least as important as price in determining the choice of irrigation system.
Tipo: Conference Paper or Presentation Palavras-chave: Farm Management.
Ano: 2002 URL: http://purl.umn.edu/19632
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IRRIGATION WATER RATE REFORM AND ENDOGENOUS TECHNOLOGICAL CHANGE AgEcon
Schuck, Eric C.; Green, Gareth P.; Sunding, David L..
Tipo: Conference Paper or Presentation Palavras-chave: Research and Development/Tech Change/Emerging Technologies; Resource /Energy Economics and Policy.
Ano: 2000 URL: http://purl.umn.edu/36463
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Economic Hysteresis in Variety Selection AgEcon
Richards, Timothy J.; Green, Gareth P..
Investing in a new perennial crop variety involves an irreversible commitment of capital and generates an uncertain return stream. As a result, the decision to adopt a new variety includes a significant real option value. Waiting for returns to rise above this real option causes a delay in adoption because of economic hysteresis. This study tests for hysteresis in the adoption of wine grape varieties using a sample of district-level data from the state of California. The empirical results show a significant hysteretic effect in wine grape investment, which might be reduced by activities that smooth earnings over time.
Tipo: Journal Article Palavras-chave: California; Grapes; Hysteresis; Investment; Jump diffusion; Real options; Variety adoption; Wine; Q14; Q11; D92; C34.
Ano: 2003 URL: http://purl.umn.edu/37310
Registros recuperados: 7
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