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Optimal Economic Management Of Groundwater Quantity And Quality: An Integrated Approach

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  • Zachariah, Oswald
  • Rollins, Kimberly S.

Abstract

A dynamic model is developed that jointly optimizes over groundwater quality and quantity for extractive municipal and non-extractive agricultural users. The model is applied to an aquifer in southern Ontario to analyze several policy scenarios, demonstrating that interactions between externalities can partially offset one another.

Suggested Citation

  • Zachariah, Oswald & Rollins, Kimberly S., 1999. "Optimal Economic Management Of Groundwater Quantity And Quality: An Integrated Approach," 1999 Annual meeting, August 8-11, Nashville, TN 21501, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea99:21501
    DOI: 10.22004/ag.econ.21501
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    References listed on IDEAS

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    1. Fleming, R. A. & Adams, R. M., 1997. "The Importance of Site-Specific Information in the Design of Policies to Control Pollution," Journal of Environmental Economics and Management, Elsevier, vol. 33(3), pages 347-358, July.
    2. Yiridoe, Emmanuel K. & Weersink, Alfons, 1998. "Marginal Abatement Costs Of Reducing Groundwater-N Pollution With Intensive And Extensive Farm Management Choices," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 27(2), pages 1-17, October.
    3. Steven Renzetti & Diane Dupont, 1999. "An Assessment of the Impact of Charging for Provincial Water Use Permits," Canadian Public Policy, University of Toronto Press, vol. 25(3), pages 361-378, September.
    4. Tsur Yacov & Zemel Amos, 1995. "Uncertainty and Irreversibility in Groundwater Resource Management," Journal of Environmental Economics and Management, Elsevier, vol. 29(2), pages 149-161, September.
    5. Linda K. Lee, 1998. "Groundwater Quality and Farm Income: What Have We Learned?," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 20(1), pages 168-185.
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