Forecasting Irrigation Water Demand: A Case Study on the Flint River Basin in Georgia
Southeast drought conditions have accentuated the demand for irrigation in the face of restricted water supply. For allocating this supply, Georgia held an auction for withdrawing irrigated acreage. This auction withdrew 33,000 acres from irrigation, resulting in a physical estimate of a 399 acre-fe...
Saved in:
Published in | Journal of agricultural and applied economics Vol. 39; no. 3; pp. 641 - 655 |
---|---|
Main Authors | , , , , |
Format | Journal Article |
Language | English |
Published |
New York, USA
Cambridge University Press
01.12.2007
|
Subjects | |
Online Access | Get full text |
Cover
Loading…
Summary: | Southeast drought conditions have accentuated the demand for irrigation in the face of restricted water supply. For allocating this supply, Georgia held an auction for withdrawing irrigated acreage. This auction withdrew 33,000 acres from irrigation, resulting in a physical estimate of a 399 acre-feet daily increase in water flow. The actual reduction is driven by crop distributional changes on the basis of economic substitution and expansion effects. In contrast to the physical estimates, an econometric model that considers these effects is developed. The differences between the physical and econometric models result in an increase in the estimate of water savings of around 19% to 24%. |
---|---|
Bibliography: | ark:/67375/6GQ-9XQNP0X4-D ArticleID:02332 istex:D4A44A78689C73C6E5D8F8256595C2D62C22EF33 PII:S1074070800023324 |
ISSN: | 1074-0708 2056-7405 1074-0708 |
DOI: | 10.1017/S1074070800023324 |