IDEAS home Printed from https://ideas.repec.org/p/grt/wpegrt/2016-14.html
   My bibliography  Save this paper

Groundwater management in food security context

Author

Listed:
  • Jean-christophe PEREAU
  • Lauriane MOUYSSET
  • Luc DOYEN

Abstract

This article studies the sustainability of market-based instrument such as tradable permits for the management of a renewable aquifer used in agriculture production. Based on a dynamic hydro-economic model, a water agency aims at satisfying a food security constraint within a tradable permit scheme in the presence of myopic heterogeneous agents. We identify analytically the viability kernel that defines the states of the resource yielding inter-temporal feasible paths able to satisfy the set of constraints over time. We then illustrate the results with numerical simulations based on the data from Gisser and Sanchez (1980).\r\nKeywords: Groundwater, Agriculture,

Suggested Citation

  • Jean-christophe PEREAU & Lauriane MOUYSSET & Luc DOYEN, 2016. "Groundwater management in food security context," Cahiers du GREThA 2016-14, Groupe de Recherche en Economie Théorique et Appliquée.
  • Handle: RePEc:grt:wpegrt:2016-14
    as

    Download full text from publisher

    File URL: http://cahiersdugretha.u-bordeaux4.fr/2016/2016-14.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Madani, Kaveh & Dinar, Ariel, 2012. "Non-cooperative institutions for sustainable common pool resource management: Application to groundwater," Ecological Economics, Elsevier, vol. 74(C), pages 34-45.
    2. James Roumasset & Christopher Wada, 2012. "The Economics of Groundwater," Working Papers 2012-4, University of Hawaii Economic Research Organization, University of Hawaii at Manoa.
    3. Péreau, J.-C. & Doyen, L. & Little, L.R. & Thébaud, O., 2012. "The triple bottom line: Meeting ecological, economic and social goals with individual transferable quotas," Journal of Environmental Economics and Management, Elsevier, vol. 63(3), pages 419-434.
    4. Martinet, Vincent & Thebaud, Olivier & Doyen, Luc, 2007. "Defining viable recovery paths toward sustainable fisheries," Ecological Economics, Elsevier, vol. 64(2), pages 411-422, December.
    5. Phoebe Koundouri, 2004. "Current Issues in the Economics of Groundwater Resource Management," Journal of Economic Surveys, Wiley Blackwell, vol. 18(5), pages 703-740, December.
    6. Rubio, Santiago J. & Casino, Begona, 2001. "Competitive versus efficient extraction of a common property resource: The groundwater case," Journal of Economic Dynamics and Control, Elsevier, vol. 25(8), pages 1117-1137, August.
    7. Doyen, Luc & Péreau, Jean-Christophe, 2012. "Sustainable coalitions in the commons," Mathematical Social Sciences, Elsevier, vol. 63(1), pages 57-64.
    8. Agnes Tomini, 2014. "Is the Gisser and Sanchez model too simple to discuss the economic relevance of groundwater management?," Post-Print hal-01463916, HAL.
    9. de Frutos Cachorro, Julia & Erdlenbruch, Katrin & Tidball, Mabel, 2014. "Optimal adaptation strategies to face shocks on groundwater resources," Journal of Economic Dynamics and Control, Elsevier, vol. 40(C), pages 134-153.
    10. Bill Provencher, 1993. "A Private Property Rights Regime to Replenish a Groundwater Aquifer," Land Economics, University of Wisconsin Press, vol. 69(4), pages 325-340.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Groundwater; Agriculture; Irrigation; Food security; Individual permits; Sustainability; Dynamic model; Viability kernel.;

    JEL classification:

    • Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:grt:wpegrt:2016-14. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Valerio Sterzi). General contact details of provider: http://edirc.repec.org/data/ifredfr.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.