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A Method For Estimating the Value of Water Among Sectors of A Regional Economy

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  • Henry, Mark S.
  • Bowen, Ernie

Abstract

Recent trends in the southeastern states toward increased use of irrigation in agriculture may be attributed to risk aversion management by farmers in response to recent drought periods. Despite ample annual average rainfall in the Southeast during the growing season, the vicissitudes of rainfall patterns provide sufficient reason to consider irrigation for field crops as well as for vegetables and fruit (Ganguly). Increased use of irrigation additionally results in new demands for water in rural areas.It is also well documented that nonmetropolitan areas are experiencing substantial rates of positive net immigration (Wardell and Gilchrist). In the Southeast, there is a trend for new manufacturing plants to locate in rural areas where wages, taxes, and union activity are at low levels. As growth occurs in these nonmetropolitan regions, industrial, residential, and commercial activities require additional supplies of water.

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  • Henry, Mark S. & Bowen, Ernie, 1981. "A Method For Estimating the Value of Water Among Sectors of A Regional Economy," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 13(2), pages 125-132, December.
    • Handle: RePEc:cup:jagaec:v:13:y:1981:i:02:p:125-132_02
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    Cited by:

    1. Weber, J. & Whittlesey, N.K., 1991. "Revisiting State-Level Project Evaluation: Estimating the Direct and indirect Net Benefits of Irrigation," WAEA/ WFEA Conference Archive (1929-1995) 321420, Western Agricultural Economics Association.
    2. Fu, Xue & Lahr, Michael & Yaxiong, Zhang & Meng, Bo, 2017. "Actions on climate change, Intended Reducing carbon emissions in China via optimal industry shifts: Toward hi-tech industries, cleaner resources and higher carbon shares in less-develop regions," Energy Policy, Elsevier, vol. 102(C), pages 616-638.
    3. Singbo, Alphonse G. & Lansink, Alfons Oude & Emvalomatis, Grigorios, 2015. "Estimating shadow prices and efficiency analysis of productive inputs and pesticide use of vegetable production," European Journal of Operational Research, Elsevier, vol. 245(1), pages 265-272.
    4. Owen, Stephanie & English, Burton C. & Lambert, Dayton M. & Clark, Christopher D. & He, Lixia L., 2016. "Economic Value of Water in Tennessee Estimated by Combining Input-Output Coefficients with Linear Programming," 2016 Annual Meeting, February 6-9, 2016, San Antonio, Texas 230007, Southern Agricultural Economics Association.
    5. Jordan Hristov & Aleksandra Martinovska-Stojcheska & Yves Surry, 2016. "The Economic Role of Water in FYR Macedonia: An Input–Output Analysis and Implications for the Western Balkan Countries," Water Economics and Policy (WEP), World Scientific Publishing Co. Pte. Ltd., vol. 2(04), pages 1-37, December.

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