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Water flow risks and stakeholder impacts on the choice of a dam site

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  • Bicak, Hasan Ali
  • Jenkins, Glenn P.
  • Ozdemirag, Ali

Abstract

This study evaluates three alternative locations for building a fresh water dam in the Yeşilirmak Valley of North Cyprus. Each of the three sites has different investment costs, water storage capabilities and socio‐political repercussions. These kinds of trade‐offs have in recent years characterised much of the worldwide debate surrounding the construction of electricity and irrigation dams. Another issue raised in this paper is the appropriate treatment of the risk and variability associated with the availability of water to fill the dam through time. This paper demonstrates how an integrated financial‐economic‐stakeholder analysis can provide the inputs needed by decision‐makers in such situations to make rational political and economic choices.

Suggested Citation

  • Bicak, Hasan Ali & Jenkins, Glenn P. & Ozdemirag, Ali, 2002. "Water flow risks and stakeholder impacts on the choice of a dam site," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 46(2), pages 1-21.
    • Handle: RePEc:ags:aareaj:118998
    DOI: 10.22004/ag.econ.118998
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    References listed on IDEAS

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    1. Jenkins, G.P., 1998. "Evaluation of Stakeholder Impacts in Cost-Benefit Analysis," Papers 631, Harvard - Institute for International Development.
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    Cited by:

    1. Foroogh Nazari Chamaki & Hatice Jenkins & Majid Hashemipour & Glenn P. Jenkins, 2022. "Wastewater Reuse to Mitigate the Risk of Water Shortages: An Integrated Investment Appraisal," Development Discussion Papers 2022-15, JDI Executive Programs.
    2. Xie, Yang & Zilberman, David, 2015. "Water Storage Capacities versus Water Use Efficiency: Substitutes or Complements?," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205439, Agricultural and Applied Economics Association.

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    More about this item

    Keywords

    Resource /Energy Economics and Policy;

    JEL classification:

    • H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water

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