000061801 001__ 61801 000061801 005__ 20250221175111.0 000061801 0247_ $$2doi$$a10.22004/ag.econ.61801 000061801 037__ $$a320-2016-10266 000061801 041__ $$aeng 000061801 245__ $$aThe Implicit Value of Irrigation Through Parcel Level Hedonic Price Modeling 000061801 260__ $$c2010 000061801 269__ $$a2010 000061801 270__ $$msshultz@unomaha.edu$$pShultz, Steven 000061801 300__ $$a12 000061801 336__ $$aConference Paper/ Presentation 000061801 490__ $$aOrganized Symposia Paper 000061801 520__ $$aThis paper relies on data associated 2,100 agricultural land sale transactions across two major Nebraska Watersheds (the Republican and Central Platte) over the 2000 to 2008 time period. The sales were spatially referenced (digitized into a GIS) in order to quantify and geo-spatially predict and map the implicit values of irrigation through the use of hedonic price modeling. Marginal implicit prices vary substantially across subwatersheds (natural resource districts), and the contribution of irrigation to sale prices is directly related to the extent to dependency of production agriculture on irrigation. This information is now currently being used to evaluate the economic efficiency of recent irrigation retirement programs and to help ensure that current and future retirement programs are cost-effective through targeting that retires irrigation land with the greatest hydrologic impact on water resources for the lowest cost. 000061801 546__ $$aEnglish 000061801 650__ $$aFarm Management 000061801 650__ $$aProduction Economics 000061801 650__ $$aResource/Energy Economics and Policy 000061801 700__ $$aShultz, Steven D. 000061801 700__ $$aSchmitz, Nick 000061801 8564_ $$9c0362fd7-afee-4f5c-936f-bc9c720a80ab$$s197634$$uhttps://ageconsearch.umn.edu/record/61801/files/aaea_shultz_2010.pdf 000061801 887__ $$ahttp://purl.umn.edu/61801 000061801 909CO $$ooai:ageconsearch.umn.edu:61801$$pGLOBAL_SET 000061801 912__ $$nSubmitted by Staci Sexton (sexto048@umn.edu) on 2010-05-05T20:40:30Z No. of bitstreams: 1 aaea_shultz_2010.pdf: 197634 bytes, checksum: a626eea408cb396d20a5a34e4f369346 (MD5) 000061801 912__ $$nMade available in DSpace on 2010-05-05T20:40:31Z (GMT). No. of bitstreams: 1 aaea_shultz_2010.pdf: 197634 bytes, checksum: a626eea408cb396d20a5a34e4f369346 (MD5) Previous issue date: 2010 000061801 913__ $$aLicense granted by Staci Sexton (sexto048@umn.edu) on 2010-05-05T20:37:21Z (GMT): <center> <h2> Deposit Agreement </h2> </center> I represent that I am the creator of the digital material identified herein (&ldquo;Work&rdquo;). I represent that the work is original and that I either own all rights of copyright or have the right to deposit the copy in a digital archive such as AgEcon Search. I represent that in regard to any non-original material included in the Work I have secured written permission of the copyright owner (s) for this use or believe this use is allowed by law. I further represent that I have included all appropriate credits and attributions. I hereby grant the Regents of the University of Minnesota (&ldquo;University&rdquo;), through AgEcon Search, a non-exclusive right to access, reproduce, and distribute the Work, in whole or in part, for the purposes of security, preservation, and perpetual access. I grant the University a limited, non-exclusive right to make derivative works for the purpose of migrating the Work to other media or formats in order to preserve access to the Work. I do not transfer or intend to transfer any right of copyright or other intellectual property to the University. If the Deposit Agreement is executed by the Author�s Representative, the Representative shall separately execute the following representation: I represent that I am authorized by the Author to execute this Deposit Agreement on behalf of the Author. 000061801 980__ $$a320 000061801 982__ $$gAgricultural and Applied Economics Association>2010 Annual Meeting, July 25-27, 2010, Denver, Colorado