|
AgEcon Search >
New Zealand Agricultural and Resource Economics Society >
2012 Conference, August 31, 2012, Nelson, New Zealand >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/136048
|
| Title: | Estimating Dairy Farms’ Demand for Water |
| Authors: | Kravchenko, Alexey |
| Keywords: | water demand
dairy farms
irrigation
non-market valuation |
| Issue Date: | 2012-08 |
| Abstract: | Resource Management's Act current “first come first served” method of
distributing water rights is fast becoming inadequate to handle this
increasingly over-allocated factor of production. Water markets or tariffs
are one way to achieve allocative efficiency. To establish such markets or
tariffs, it is imperative to estimate users’ responses to having, for the first
time, to pay for this currently largely unpriced input. This study seeks to
provide a viable “starting point” estimate of the response curve to water
price tariffs of dairy farmers – NZ’s largest fresh water consumers – using
the MPI dairy monitoring dataset. This paper suggests that under the
assumptions of inelastic input substitutability, the farms’ supply curves can
provide an approximation of the farms’ responses to at-site (irrigation cost
inclusive) changes of water costs. |
| URI: | http://purl.umn.edu/136048 |
| Institution/Association: | New Zealand Agricultural and Resource Economics Society>2012 Conference, August 31, 2012, Nelson, New Zealand |
| Total Pages: | 17 |
| Collections: | 2012 Conference, August 31, 2012, Nelson, New Zealand
|
Files in This Item:
| File |
Description |
Size | Format |
|---|
| Kravchenko 2012 complete.pdf | | 909Kb | PDF | View/Open |
|
Recommend this item
All items in AgEcon Search are protected by copyright.
|
