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Incentivizing interdependent resource management: watersheds, groundwater, and coastal ecology

Author

Listed:
  • Kimberly Burnett

    (UHERO, University of Hawai�i at Manoa)

  • James Roumasset

    (University of Hawai�i at Manoa, UHERO)

  • Sittidaj Pongkijvorasin
  • Christopher Wada

    (UHERO, University of Hawai�i at Manoa)

Abstract

Managing water resources independently may result in substantial economic losses when those resources are interdependent with each other and with other environmental resources. We first develop general principles for using resources with spillovers, including corrective taxes (subsidies) for incentivizing private resource users. We then analyze specific cases of managing water resources, in particular the interaction of groundwater with upstream or downstream resource systems.

Suggested Citation

  • Kimberly Burnett & James Roumasset & Sittidaj Pongkijvorasin & Christopher Wada, 2014. "Incentivizing interdependent resource management: watersheds, groundwater, and coastal ecology," Working Papers 2014-9, University of Hawaii Economic Research Organization, University of Hawaii at Manoa.
  • Handle: RePEc:hae:wpaper:2014-9
    as

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    File URL: https://uhero.hawaii.edu/wp-content/uploads/2019/08/WP_2014-9.pdf
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    References listed on IDEAS

    as
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    6. Thomas Kaeo Duarte & Sittidaj Pongkijvorasi & James Roumasset & Daniel Amato & Kimberly Burnett, 2010. "Optimal Management of a Hawaiian Coastal Aquifer with Near-Shore Marine Ecological Interactions," Working Papers 201021, University of Hawaii at Manoa, Department of Economics.
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