PRELIMINARY ECONOMIC ASSESSMENT OF GROUNDWATER EXTRACTION RULES

Increased use of irrigation water has imposed stresses on groundwater systems. Declining groundwater levels and spring discharges have heightened water users' concerns about the sustainability of regional economies. Recently there have been initiatives toward groundwater regulation and restrict...

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Bibliographic Details
Published in:Economic papers (Economic Society of Australia) 2006-03, Vol.25 (1), p.41-67
Main Authors: QURESHI, M. EJAZ, QURESHI, SUMAIRA E., GOESCH, TIM, HAFI, AHMED
Format: Article
Language:English
Subjects:
Agricultural economics
Agronomic
Allocative efficiency
Aquifer
Australia
Dynamic
Dynamic models
Economic
Economic analysis
Economic theory
Groundwater
Groundwater allocation
Hydrologic
Irrigation
Optimisation
Resource management
Studies
Water management
Water resources
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Summary:Increased use of irrigation water has imposed stresses on groundwater systems. Declining groundwater levels and spring discharges have heightened water users' concerns about the sustainability of regional economies. Recently there have been initiatives toward groundwater regulation and restrictions on water use have either been implemented or now being proposed. This study investigates the costs imposed on irrigators by restricting groundwater use and the potential for more flexible annual extraction rules that will take account of seasonal variations in rainfall to reduce these costs. The dynamics of the decision‐making process on water use have also been accounted for when irrigators have some flexibility over annual extractions.
ISSN:0812-0439
1759-3441
DOI:10.1111/j.1759-3441.2006.tb00383.x