Record Details

Price elasticity reconsidered: Panel estimation of an agricultural water demand function

University of Nebraska - Lincoln Digital Commons

Field Value
Title Price elasticity reconsidered: Panel estimation of an agricultural water demand function
Creator Schoengold, Karina Sunding, David L. Moreno, Georgina
Description Using panel data from a period of water rate reform, this paper estimates the price elasticity of irrigation water demand. Price elasticity is decomposed into the direct effect of water management and the indirect effect of water price on choice of output and irrigation technology. The model is estimated using an instrumental variables strategy to account for the endogeneity of technology and output choices in the water demand equation. Estimation results indicate that the price elasticity of...
Date 2006-09-19T07:00:00Z
Type text
Format application/pdf
Identifier http://digitalcommons.unl.edu/natrespapers/27 http://digitalcommons.unl.edu/cgi/viewcontent.cgi?article=1027&context=natrespapers
Source Papers in Natural Resources
Publisher DigitalCommons@University of Nebraska - Lincoln
Subject water demand price elasticity irrigation technology choice Natural Resources and Conservation

© Western Waters Digital Library - GWLA member projects - Hosted and designed by the J. Willard Marriott Library