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Water markets an alternative for central water allocation? AgEcon
Louw, D.B.; van Schalkwyk, Herman D..
South Africa is entering a whole new era in water management. In the face of efforts to curtail runaway government spending and protect the environment, water institutions must foster the conservation and efficient allocation of existing supplies. They must also take water's growing recreational and environmental value into account. The crucial question is, can the current water institutions meet today's requirements? Despite the resulting inefficiency and waste, traditional resource economists continue to identify taxes, regulations, subsidies, and governmental allocation as solutions to today's water problems. Internationally, there is enough evidence to prove that central allocation with almost any resource gave rise to gross inefficiency. The main...
Tipo: Journal Article Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2000 URL: http://purl.umn.edu/54210
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The true value of irrigation water in the Olifants River Basin: Western Cape AgEcon
Louw, D.B.; van Schalkwyk, Herman D..
The true value of irrigation water in the Olifants river irrigation system is determined using a static deterministic linear programming model. This paper illustrates that a water market will generate price signals which will reflect the true scarcity of water. If the water market is left to operate pareto optimality will be reached and the general welfare of the nation will increase. What is more, water which is a true scarce resource in South Africa will be used more effectively.
Tipo: Journal Article Palavras-chave: Resource /Energy Economics and Policy.
Ano: 1997 URL: http://purl.umn.edu/54453
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The development of a spatial decision support system to optimise agricultural resource use in the Western Cape AgEcon
Pretorius, C.; Louw, D.B.; Kleynhans, Theo E..
This paper describes the development of a decision support model for regional agricultural resource utilisation. The analysis was generated in a spatial context and the optimisation technique was interactive with a geographical information system (GIS). Economic and operational research methodologies were linked to the GIS in the process of determining the appropriate resource uses for the region. The optimisation technique was applied for the Western Cape Province for eight crops. The results of this research are discussed in this paper, with specific reference to its application value for the public sector and agri-business.
Tipo: Journal Article Palavras-chave: Farm Management; Resource /Energy Economics and Policy.
Ano: 2000 URL: http://purl.umn.edu/54215
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