An analysis of irrigated agricultural outcomes under the prior appropriation doctrine: hypotheses and applications

Autor:	Wenchao Xu, Scott E. Lowe, S. Zhang
Rok vydání:	2014
Předmět:	Economics and Econometrics business.industry Natural resource economics media_common.quotation_subject Water supply Doctrine Water trading Water conservation Appropriation Agriculture Economics Revenue business Water resource management Water district media_common
Zdroj:	Applied Economics. 46:2639-2652
ISSN:	1466-4283 0003-6846
Popis:	This article measures irrigated agricultural outcomes under the prior appropriation doctrine by developing a model of farmers’ land allocations in response to water supply change. The modelling approach considers the institutional factors of water rights and permits the inclusive determination of water and land allocations. We utilize farm-level data of irrigated agriculture in Water District #1 in Idaho to examine the predictions from our theoretical model. The water rights priority date is consolidated at the farm level and used to differentiate farmers’ responses. We test a set of hypotheses that relate to water supply and crop revenue. Our results suggest that the water rights priority has a profound impact on agricultural outcomes, indicating strong institutional effects and weak influence of market-based approaches. Farmers respond to both long-term and seasonal water supply change and variation, and they respond to seasonal water supply forecasts in varied ways depending on their water rights portf...
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::e7e25efd47a72dd7beda73a04231820d https://doi.org/10.1080/00036846.2014.907483 Zobrazit plný text záznamu Plný text ve formátu PDF Plný text ve formátu HTML
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