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A General Model for Evaluating Agricultural Flood Plains

Author

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  • Ronald D. Lacewell
  • Vernon R. Eidman

Abstract

An important part of agricultural flood plain development is providing flood protection. However, planning procedures have been criticized for (1) considering only flood protection methods as means of coping with flood losses, (2) developing inequitable land owner assessments following installation of a protection project, and (3) inadequately anticipating land use adjustments and their effect on project benefits. The model discussed in this paper can be used to estimate the incidence of agricultural flood damages and avoid the above criticisms. The model can be used to evaluate alternative protection plans, estimate flood insurance premiums, equitably allocate assessments, and select improved land use patterns.

Suggested Citation

  • Ronald D. Lacewell & Vernon R. Eidman, 1972. "A General Model for Evaluating Agricultural Flood Plains," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 54(1), pages 92-101.
  • Handle: RePEc:oup:ajagec:v:54:y:1972:i:1:p:92-101.
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    File URL: http://hdl.handle.net/10.2307/1237738
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    Citations

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    Cited by:

    1. Pauline Bremond & F. Grelot & Nicolas Bauduceau, 2009. "De la vulnérabilité de la parcelle à celle de l'exploitation agricole : un changement d'échelle nécessaire pour l'évaluation économique des projets de gestion des inondations," Post-Print hal-00457453, HAL.
    2. Burnham, Bruce O., 1973. "Markov Intertemporal Land Use Simulation Model," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 5(1), pages 1-6, July.
    3. Xi Wang & Zhanyan Liu & Huili Chen, 2022. "Investigating Flood Impact on Crop Production under a Comprehensive and Spatially Explicit Risk Evaluation Framework," Agriculture, MDPI, vol. 12(4), pages 1-23, March.

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