Water and Land as Quantity-Rationed Inputs in California Agriculture: Empirical Tests and Water Policy Implications
AbstractThis paper evaluates competing models of input use for two inputs, surface water and land, in central California agriculture. Applying a model of the multiproduct firm, a variable input model is compared to a fixed input model using model specification tests. Test results support the fixed input model for both surface water and land. The finding that surface water is a quantity-rationed input addresses an important water policy issue, implementation of the Central Valley Project Improvement Act. Water rationing has implications for three key provisions of the act involving water price increases, water marketing, and water supply restrictions.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by University of Wisconsin Press in its journal Land Economics.
Volume (Year): 71 (1995)
Issue (Month): 4 ()
Contact details of provider:
Web page: http://le.uwpress.org/
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Lichtenberg, Erik, 2002.
"Agriculture and the environment,"
Handbook of Agricultural Economics,
in: B. L. Gardner & G. C. Rausser (ed.), Handbook of Agricultural Economics, edition 1, volume 2, chapter 23, pages 1249-1313
- Ranjan, Ram & Gollehon, Noel R. & Aillery, Marcel P., 2004. "Explaining Participation in Spot and Options Markets for Water," Working Papers 15650, University of Florida, International Agricultural Trade and Policy Center.
- Shumway, C. Richard, 1995. "Recent Duality Contributions In Production Economics," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 20(01), July.
- Diane Dupont & Steven Renzetti, 2001. "The Role of Water in Manufacturing," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 18(4), pages 411-432, April.
- Moolman, C.E. & Blignaut, J.N. & van Eyden, R., 2006.
"Modelling the marginal revenue of water in selected agricultural commodities: A panel data approach,"
Agricultural Economics Association of South Africa (AEASA), vol. 45(1), March.
- C.E. Moolman & J. N. Blignaut & R. Van Eyden, 2006. "Modeling the Marginal Revenue of Water in Selected Agricultural Commodities: A Panel Date Approach," Working Papers 200606, University of Pretoria, Department of Economics.
- Olen, Beau & Wu, JunJie & Langpap, Christian, 2012. "Crop-specific Irrigation Choices for Major Crops on the West Coast: Water Scarcity and Climatic Determinants," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124843, Agricultural and Applied Economics Association.
- World Bank, 2001. "India : Power Supply to Agriculture, Volume 1. Summary Report," World Bank Other Operational Studies 15288, The World Bank.
- Schuck, Eric C. & Green, Gareth P. & Sunding, David L., 2000. "Irrigation Water Rate Reform And Endogenous Technological Change," 2000 Annual Meeting, June 29-July 1, 2000, Vancouver, British Columbia 36463, Western Agricultural Economics Association.
- Manuel Mart�n Rodr�guez & Francisco Javier Sáez Fernández & Juan Alberto Aragón Correa & El�as Melchor Ferrer & Noelina Rodr�guez Ferrero, 2002. "Evaluation of irrigation projects and water resource management: a methodological proposal," Sustainable Development, John Wiley & Sons, Ltd., vol. 10(2), pages 90-102.
- Letort, Elodie & Carpentier, Alain, 2010. "Variable Input Allocation: Why Heterogeneity Matters?," 120th Seminar, September 2-4, 2010, Chania, Crete 109387, European Association of Agricultural Economists.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
If references are entirely missing, you can add them using this form.