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 |
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Rok vydání: | 1997 |
Předmět: |
Economics and Econometrics
Irrigation geography.geographical_feature_category Resource (biology) media_common.quotation_subject Geography Planning and Development Pareto principle Drainage basin Irrigation water Scarcity Geography Value (economics) Western cape Water resource management Agronomy and Crop Science media_common |
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 |
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