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Volume 42, Number 04, November 2010 >
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|Title: ||Effectiveness of Two Water Conservation Policies: An Integrated Modeling Approach|
|Authors: ||Das, Biswa R.|
Willis, David B.
Johnson, Jeffrey W.
|Keywords: ||integrated regional water policy model|
Texas High Plains
water conservation policy
economic optimization model
|JEL Codes: ||Q30|
|Issue Date: ||2010-11|
|Abstract: ||Agriculture in the Texas High Plains depends entirely on the Ogallala Aquifer. Texas enacted water conservation legislation to address declining reserves in the aquifer. We developed an integrated regional water policy model that links a hydrology model with an economic optimization model to estimate policy impacts with respect to economic cost and water conservation.
Testing the effectiveness of two policies, a groundwater extraction tax and extraction quotas, we observe that neither significantly inhibits groundwater use. Although both policies conserve similar amounts of groundwater, the regional cost of the tax policy to agriculture is more than the quota policy.|
|Institution/Association: ||Journal of Agricultural and Applied Economics>Volume 42, Number 04, November 2010|
|Total Pages: ||16|
|From Page: ||695|
|To Page: ||710|
|Collections:||Volume 42, Number 04, November 2010|
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