THE TRUE VALUE OF IRRIGATION WATER IN THE OLIFANTS RIVER BASIN: WESTERN CAPE / DIE WERKLIKE WAARDE VAN BESPROEIINGSWATER IN DIE OLIFANTSRIVIERKOM: WES-KAAP

Autor: D. B. Louw, H. D. van Schalkwyk
Rok vydání: 1997
Předmět:
Zdroj: Agrekon. 36:551-561
ISSN: 2078-0400
0303-1853
DOI: 10.1080/03031853.1997.9523482
Popis: The true value of irrigation water in the Olifants river irrigation system is determined using a static deterministic linear programming model. This paper illustrates that a water market will generate price signals which will reflect the true scarcity of water. If the water market is left to operate pareto optimality will be reached and the general welfare of the nation will increase. What is more, water which is a true scarce resource in South Africa will be used more effectively.
Databáze: OpenAIRE