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Economic discovery in federally supported irrigation districts: a tribute to William E. Martin and friends

Ex post evaluation of economic projections validates our shared understanding of economic methodology and methods. The recent economic history of Central Arizona Project (CAP) agriculture reveals the predictive power of economic reasoning and its policy impotence within a political environment inten...

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Published in:Journal of agricultural and resource economics 1997-07, Vol.22 (1), p.61-77
Main Author: Wilson, P.N. (The University of Arizona.)
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Language:English
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description Ex post evaluation of economic projections validates our shared understanding of economic methodology and methods. The recent economic history of Central Arizona Project (CAP) agriculture reveals the predictive power of economic reasoning and its policy impotence within a political environment intent on obtaining its share of federally allocated water. The financial inability and unwillingness of large irrigation districts to pay for CAP water under existing federal rules produced an urban taxand rate-payer controlled CAP decades earlier than planned. Yet irrigation districts remain a large residual buyer of CAP water under new pricing and allocation rules. Unfortunately, water markets remain an underutilized and distrusted tool in the water development game.
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(The University of Arizona.)</creatorcontrib><title>Economic discovery in federally supported irrigation districts: a tribute to William E. Martin and friends</title><title>Journal of agricultural and resource economics</title><description>Ex post evaluation of economic projections validates our shared understanding of economic methodology and methods. The recent economic history of Central Arizona Project (CAP) agriculture reveals the predictive power of economic reasoning and its policy impotence within a political environment intent on obtaining its share of federally allocated water. The financial inability and unwillingness of large irrigation districts to pay for CAP water under existing federal rules produced an urban taxand rate-payer controlled CAP decades earlier than planned. Yet irrigation districts remain a large residual buyer of CAP water under new pricing and allocation rules. 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(The University of Arizona.)</creator><general>Western Agricultural Economics Association</general><scope>FBQ</scope><scope>DOA</scope></search><sort><creationdate>199707</creationdate><title>Economic discovery in federally supported irrigation districts: a tribute to William E. Martin and friends</title><author>Wilson, P.N. 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The recent economic history of Central Arizona Project (CAP) agriculture reveals the predictive power of economic reasoning and its policy impotence within a political environment intent on obtaining its share of federally allocated water. The financial inability and unwillingness of large irrigation districts to pay for CAP water under existing federal rules produced an urban taxand rate-payer controlled CAP decades earlier than planned. Yet irrigation districts remain a large residual buyer of CAP water under new pricing and allocation rules. Unfortunately, water markets remain an underutilized and distrusted tool in the water development game.</abstract><pub>Western Agricultural Economics Association</pub><doi>10.22004/ag.econ.31017</doi><tpages>17</tpages><oa>free_for_read</oa></addata></record>
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subjects ADMINISTRATION CENTRALE
AGRICULTURAL REGIONS
AGUA
AGUA DE RIEGO
AGUA POTABLE
AMERICAN INDIANS
ANALISIS ECONOMICO
ANALYSE ECONOMIQUE
ARIZONA
bureau of reclamation
CALIDAD DEL AGUA
central arizona project
CENTRAL GOVERNMENT
Common agricultural policy
COSTOS
COSTS
COUT
Crop economics
Crops
DEVELOPMENT PROJECTS
DRINKING WATER
EAU
EAU D'IRRIGATION
EAU POTABLE
ECONOMIC ANALYSIS
ECONOMIC EVALUATION
ECONOMIC GEOGRAPHY
economics of water projects
ENVIRONMENTAL POLICIES
ETHNIC GROUPS
Farm economics
GEOGRAFIA ECONOMICA
GEOGRAPHIE ECONOMIQUE
GESTION DES EAUX
GOBIERNO CENTRAL
Groundwater
GROUPE ETHNIQUE
GRUPOS ETNICOS
Irrigation management
IRRIGATION WATER
management improvement programs
ORDENACION DE AGUAS
POLITICA AMBIENTAL
POLITIQUE DE L'ENVIRONNEMENT
PROJET DE DEVELOPPEMENT
PROYECTOS DE DESARROLLO
QUALITE DE L'EAU
RECURSOS HIDRICOS
RESSOURCE EN EAU
Surface water
u.s. bureau of reclamation
Urban agriculture
URBAN AREAS
WATER
WATER MANAGEMENT
water pricing
WATER QUALITY
WATER RESOURCES
ZONAS URBANAS
ZONE URBAINE
title Economic discovery in federally supported irrigation districts: a tribute to William E. Martin and friends
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