Engineering
4 years ago

Irrigation water prices impact farmers' choices and crop production levels.

RePEc: Research Papers in Economics
IRRIGATION WATER DEMAND: A META ANALYSIS OF PRICE ELASTICITIES
Susanne M. Scheierling, John B. Loomis, Robert A. Young

Paper Summary

Researchers analyzed different studies on irrigation water demand to see how the price of water affects how much farmers use. They looked at data from the US since 1963 and found that the way the analysis was done influenced the results. The price of water and the time period studied also played a role in how elastic the demand for water was.

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