IDEAS home Printed from https://ideas.repec.org/p/hai/wpaper/201009.html
   My bibliography  Save this paper

Optimal and Sustainable Groundwater Extraction

Author

Listed:
  • James Roumasset

    (University of Hawaii, Department of Economics
    University of Hawaii Econonmic Research Organization)

  • Christopher Wada

    (University of Hawaii Econonmic Research Organization)

Abstract

With the specter of climate change, groundwater scarcity looms as an increasingly critical issue worldwide. Minimizing the adverse effects of scarcity requires optimal as well as sustainable patterns of groundwater management. We review the many sustainable paths for groundwater extraction from a coastal aquifer and show how to find the particular sustainable path that is optimal. In some cases the optimal path converges to the maximum sustainable yield. For sufficiently convex extraction costs, the extraction path converges to an internal steady state above the level of maximum sustainable yield. We describe the challenges facing groundwater managers faced with multiple aquifers, the prospect of using recycled water, and the interdependence with watershed management. The integrated water management thus described results in less water scarcity and higher total welfare gains from groundwater use. The framework also can be applied to climatechange specifications about the frequency, duration, and intensity of precipitation by comparing before and after optimal management. For the case of South Oahu in Hawaii, the prospect of climate change increases the gains of integrated groundwater management.

Suggested Citation

  • James Roumasset & Christopher Wada, 2010. "Optimal and Sustainable Groundwater Extraction," Working Papers 201009, University of Hawaii at Manoa, Department of Economics.
    • Handle: RePEc:hai:wpaper:201009
    as

    Download full text from publisher

    File URL: http://www.economics.hawaii.edu/research/workingpapers/WP_10-9.pdf
    File Function: First version, 2010
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. James A. Roumasset & Kimberly M. Burnett & Arsenio M. Balisacan, 2010. "Sustainability Science for Watershed Landscapes," Books on Agricultural Research and Development, Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA), number 2010:3.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Wada, Christopher A & Burnett, Kimberly & Gurdak, Jason J, 2016. "Sustainable Agriculture Irrigation Management: The Water-Energy-Food Nexus in Pajaro Valley, California," Sustainable Agriculture Research, Canadian Center of Science and Education, vol. 5(3).
    2. Karl Jandoc & Ruben Juarez & James Roumasset, 2014. "Towards an Economics of Irrigation Networks," Working Papers 201416, University of Hawaii at Manoa, Department of Economics.
    3. Nathan DeMaagd & Michael J. Roberts, 2020. "Estimating Water Demand Using Price Differences of Wastewater Services," Working Papers 202019, University of Hawaii at Manoa, Department of Economics.
    4. Veith Becker & Anssi Myrttinen & Johannes A.C. Barth & Peter Bayer, 2011. "A Summary on the Special Issue “Sustainability of Groundwater”," Sustainability, MDPI, vol. 3(10), pages 1-4, October.
    5. Nathan DeMaagd & Michael J. Roberts, 2020. "How Will Climate Change Affect Water Demand? Evidence from Hawai‘i Microclimates," Working Papers 2020-2, University of Hawaii Economic Research Organization, University of Hawaii at Manoa.
    6. Encarna Esteban & Ariel Dinar, 2013. "Cooperative Management of Groundwater Resources in the Presence of Environmental Externalities," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 54(3), pages 443-469, March.
    7. Pongkijvorasin, Sittidaj & Burnett, Kimberly & Wada, Christopher, 2018. "Joint Management of an Interconnected Coastal Aquifer and Invasive Tree," Ecological Economics, Elsevier, vol. 146(C), pages 125-135.
    8. Susan Randolph & Patrick Guyer, 2011. "Tracking the Historical Evolution of States' Compliance with their Economics and Social Rights Obligations of Result: Insights from the Historical SERF Index," Economic Rights Working Papers 18, University of Connecticut, Human Rights Institute.
    9. Ye-Shuang Xu & Shui-Long Shen & Dong-Jie Ren & Huai-Na Wu, 2016. "Analysis of Factors in Land Subsidence in Shanghai: A View Based on a Strategic Environmental Assessment," Sustainability, MDPI, vol. 8(6), pages 1-12, June.
    10. Nathan DeMaagd & Michael J. Roberts, 2020. "How Will Climate Change Affect Water Demand? Evidence from Hawaii Microclimates," Working Papers 202020, University of Hawaii at Manoa, Department of Economics.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Lee Endress, 2013. "Sustainable Development and the Hawaii Clean Energy Initiative," Working Papers 2013-4, University of Hawaii Economic Research Organization, University of Hawaii at Manoa.
    2. Roumasset James & Wada Christopher A, 2011. "Ordering Renewable Resources: Groundwater, Recycling, and Desalination," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 11(1), pages 1-29, May.
    3. Majah-Leah Ravago & James Roumasset, 2016. "The Public Economics of Electricity Policy with Philippine Applications," Working Papers 201613, University of Hawaii at Manoa, Department of Economics.
    4. Roumasset, James & Ravago, Majah-Leah & Jandoc, Karl & Arellano, Clarissa, 2016. "Environmental Resources, Shocks, and National Well-Being," MPRA Paper 87715, University Library of Munich, Germany.
    5. James Roumasset & Christopher Wada, 2011. "Ordering Renewables: Groundwater, Recycling, and Desalination," Working Papers 201105, University of Hawaii at Manoa, Department of Economics.
    6. Kimberly Burnett & Lee Endress & Majah-Leah Ravago & James Roumasset & Christopher Wada, 2011. "Islands of Sustainability in Time and Space," Working Papers 201112, University of Hawaii at Manoa, Department of Economics.
    7. Gregor Wolbring & Simerta Gill, 2023. "Potential Impact of Environmental Activism: A Survey and a Scoping Review," Sustainability, MDPI, vol. 15(4), pages 1-46, February.
    8. Florina Pînzaru & Paul Dobrescu & Alexandra Vițelar & Ion Moldoveanu & Adina Săniuță, 2023. "Linking Sustainability-Driven Factors and Online Knowledge Sharing in Business: A PLS-SEM Analysis," Sustainability, MDPI, vol. 15(8), pages 1-18, April.
    9. James Roumasset & Christopher Wada, 2014. "Groundwater Economics without Equations," Working Papers 2014-8, University of Hawaii Economic Research Organization, University of Hawaii at Manoa.
    10. Roumasset, James & Wada, Christopher A., 2013. "A dynamic approach to PES pricing and finance for interlinked ecosystem services: Watershed conservation and groundwater management," Ecological Economics, Elsevier, vol. 87(C), pages 24-33.

    More about this item

    Keywords

    sustainability science; groundwater economics; dynamic optimization;
    All these keywords.

    JEL classification:

    • Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

    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:hai:wpaper:201009. See general information about how to correct material in RePEc.

    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 bibliographic 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Web Technician (email available below). General contact details of provider: https://edirc.repec.org/data/deuhius.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.