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Research on an Improved Economic Value Estimation Model for Crop Irrigation Water in Arid Areas: From the Perspective of Water-Crop Sustainable Development

Author

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  • Miaosen Ma

    (Business School, Hohai University, Nanjing 211100, China
    Water Resources and Sustainable Development Research Center of Jiangsu Province, Nanjing 211100, China)

  • Min Zhao

    (Business School, Hohai University, Nanjing 211100, China
    Water Resources and Sustainable Development Research Center of Jiangsu Province, Nanjing 211100, China)

Abstract

This paper aimed to construct an improved economic value estimation model (EVIW model) to assess the economic value of water, which plays an important role in the sustainable development of crop planting and irrigation design, especially in arid areas lacking water resources. Firstly, the current EVIW model was based upon improvements and adjustments to the cost-benefit analysis models of previous researchers. Then, to elaborate the whole process of estimation, an empirical study based on the data of Yanqi Basin was conducted. Subsequently, in order to verify the accuracy of the EVIW model, the economic value of irrigation water in this study area was estimated for a second time using the benefit sharing coefficient method. It was concluded that the estimated results of the current EVIW model are in good agreement with those of the traditional benefit sharing coefficient model. The estimation results of the economic value of irrigation water were found to be highly acceptable in terms of accuracy and scientific rigor.

Suggested Citation

  • Miaosen Ma & Min Zhao, 2019. "Research on an Improved Economic Value Estimation Model for Crop Irrigation Water in Arid Areas: From the Perspective of Water-Crop Sustainable Development," Sustainability, MDPI, vol. 11(4), pages 1-9, February.
    • Handle: RePEc:gam:jsusta:v:11:y:2019:i:4:p:1207-:d:208767
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    1. Hassan-Esfahani, Leila & Torres-Rua, Alfonso & McKee, Mac, 2015. "Assessment of optimal irrigation water allocation for pressurized irrigation system using water balance approach, learning machines, and remotely sensed data," Agricultural Water Management, Elsevier, vol. 153(C), pages 42-50.
    2. Frederick, Kenneth D. & VandenBerg, Timothy P. & Hanson, Jean, 1996. "Economic Values of Freshwater in the United States," Discussion Papers 10736, Resources for the Future.
    3. Young, Robert A. & Haveman, Robert H., 1985. "Economics of water resources: a survey," Handbook of Natural Resource and Energy Economics, in: A. V. Kneese† & J. L. Sweeney (ed.), Handbook of Natural Resource and Energy Economics, edition 1, volume 2, chapter 11, pages 465-529, Elsevier.
    4. Frederick, Kenneth, 1996. "Economic Values of Freshwater in the United States," RFF Working Paper Series dp-97-03, Resources for the Future.
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    1. Jingjing Wu & Jian Chen & Yu Han & Tongshu Li, 2020. "Study on Unsteady Flow Based on Optimized Water Distribution Model in Irrigation District," Sustainability, MDPI, vol. 12(4), pages 1-13, February.
    2. Zihan Guo & Ni Wang & Xiaolian Mao & Xinyue Ke & Shaojiang Luo & Long Yu, 2022. "Benefit Analysis of Economic and Social Water Supply in Xi’an Based on the Emergy Method," Sustainability, MDPI, vol. 14(9), pages 1-20, April.
    3. Luo Muchen & Rosita Hamdan & Rossazana Ab-Rahim, 2022. "Data-Driven Evaluation and Optimization of Agricultural Environmental Efficiency with Carbon Emission Constraints," Sustainability, MDPI, vol. 14(19), pages 1-22, September.

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