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What is the use value of the High Plains Aquifer services to agriculture?

Author

Listed:
  • Garcia Suarez, Federico

Abstract

The objective of the paper is to provide an estimate of the use value of the High Plains aquifer in agriculture. A region-wide production function for the crop sector is estimated. Using the production response to irrigation we estimate the value of groundwater for agriculture in $231/acre at 2007 prices.

Suggested Citation

  • Garcia Suarez, Federico, 2013. "What is the use value of the High Plains Aquifer services to agriculture?," 2013 Annual Meeting, February 2-5, 2013, Orlando, Florida 142696, Southern Agricultural Economics Association.
  • Handle: RePEc:ags:saea13:142696
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    File URL: http://purl.umn.edu/142696
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    More about this item

    Keywords

    Production function; water; use value.; Production Economics; Q15; Q25;

    JEL classification:

    • Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment
    • Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water

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