Rural-to-Urban Water Transfers: Measuring Direct Foregone Benefits of Irrigation Water under Uncertain Water Supplies
Irrigation water from a southeastern Colorado county has been sold to distant municipalities. The county's junior water right delivered limited and uncertain water supplies which were used on relatively poor soils. The ability of water markets to allocate water to the highest-valued use was add...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Western Agricultural Economics Association
1995-12-01
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| Series: | Journal of Agricultural and Resource Economics |
| Subjects: | |
| Online Access: | https://ageconsearch.umn.edu/record/30769 |
| _version_ | 1819021773389168640 |
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| author | R. Garth Taylor Robert A. Young |
| author_facet | R. Garth Taylor Robert A. Young |
| author_sort | R. Garth Taylor |
| collection | DOAJ |
| description | Irrigation water from a southeastern Colorado county has been sold to distant municipalities. The county's junior water right delivered limited and uncertain water supplies which were used on relatively poor soils. The ability of water markets to allocate water to the highest-valued use was addressed by assessing the direct foregone benefits of the transfer using deterministic and discrete stochastic sequential (DSSP) programming models. Crop mix predicted by the DSSP followed observed regional patterns. The DSSP was thus used to derive regional water demand from which foregone value was estimated. Direct regional foregone agricultural benefits were relatively low-due to uncertain water supplies and unproductive soils-indicating the market selected a low-valued supply for transfer. |
| first_indexed | 2024-12-21T04:12:26Z |
| format | Article |
| id | doaj.art-8b9736efe4b14dcda9723248bce07261 |
| institution | Directory Open Access Journal |
| issn | 1068-5502 2327-8285 |
| language | English |
| last_indexed | 2024-12-21T04:12:26Z |
| publishDate | 1995-12-01 |
| publisher | Western Agricultural Economics Association |
| record_format | Article |
| series | Journal of Agricultural and Resource Economics |
| spelling | doaj.art-8b9736efe4b14dcda9723248bce072612022-12-21T19:16:25ZengWestern Agricultural Economics AssociationJournal of Agricultural and Resource Economics1068-55022327-82851995-12-0120224726210.22004/ag.econ.3076930769Rural-to-Urban Water Transfers: Measuring Direct Foregone Benefits of Irrigation Water under Uncertain Water SuppliesR. Garth TaylorRobert A. YoungIrrigation water from a southeastern Colorado county has been sold to distant municipalities. The county's junior water right delivered limited and uncertain water supplies which were used on relatively poor soils. The ability of water markets to allocate water to the highest-valued use was addressed by assessing the direct foregone benefits of the transfer using deterministic and discrete stochastic sequential (DSSP) programming models. Crop mix predicted by the DSSP followed observed regional patterns. The DSSP was thus used to derive regional water demand from which foregone value was estimated. Direct regional foregone agricultural benefits were relatively low-due to uncertain water supplies and unproductive soils-indicating the market selected a low-valued supply for transfer.https://ageconsearch.umn.edu/record/30769agricultural-to-urban water transfersdiscrete sequential stochastic programmingregional irrigation water demand |
| spellingShingle | R. Garth Taylor Robert A. Young Rural-to-Urban Water Transfers: Measuring Direct Foregone Benefits of Irrigation Water under Uncertain Water Supplies Journal of Agricultural and Resource Economics agricultural-to-urban water transfers discrete sequential stochastic programming regional irrigation water demand |
| title | Rural-to-Urban Water Transfers: Measuring Direct Foregone Benefits of Irrigation Water under Uncertain Water Supplies |
| title_full | Rural-to-Urban Water Transfers: Measuring Direct Foregone Benefits of Irrigation Water under Uncertain Water Supplies |
| title_fullStr | Rural-to-Urban Water Transfers: Measuring Direct Foregone Benefits of Irrigation Water under Uncertain Water Supplies |
| title_full_unstemmed | Rural-to-Urban Water Transfers: Measuring Direct Foregone Benefits of Irrigation Water under Uncertain Water Supplies |
| title_short | Rural-to-Urban Water Transfers: Measuring Direct Foregone Benefits of Irrigation Water under Uncertain Water Supplies |
| title_sort | rural to urban water transfers measuring direct foregone benefits of irrigation water under uncertain water supplies |
| topic | agricultural-to-urban water transfers discrete sequential stochastic programming regional irrigation water demand |
| url | https://ageconsearch.umn.edu/record/30769 |
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