A Von Liebig Model for Water and Nitrogen Crop Response

Grimm, Sadi S.; Williams, William A.

doi:10.22004/ag.econ.32239

1987

DOI: 10.22004/ag.econ.32239

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A Von Liebig Model for Water and Nitrogen Crop Response

Sadi S. Grimm¹,

William A. Williams²

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Cited by 16 publications

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FORUM: Bilateral Monopoly: A Market for Intercountry River Water Allocation

Lekakis

1998

Environmental Management

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/ Collaboration of countries with an aim to share fresh surface water resources promises to generate potential joint benefits. Unfortunately, existing agreements lack the perspective and capacity to produce any real action in efficient cross-border water allocation. When that problem is encountered by any two adjacent countries claiming riparian rights to the same watercourse, this paper suggests that apossible solution to be examined is a water market. This market requires the relevant countries to engage in a bargaining process as described in the theory of bilateral monopoly. The bargaining process should determine both the water quantity to be transferred and the price to be paid. However, there has to be a fair allocation of the joint benefits resulting from the transfer for a sustainable price solution. As an empirical illustration, the paper examines the case of river Nestos shared by Bulgaria and Greece in the southern Balkans. A net revenue function quadratic in water is specified and estimated using scarce data on three agricultural crops in Greece. Sensitivity analysis on the size and distribution of the net benefits is also performed.KEY WORDS: Bilateral agreements; Water markets; Efficient allocation

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FORUM: Bilateral Monopoly: A Market for Intercountry River Water Allocation

Lekakis

1998

Environmental Management

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Modelling stochastic crop response to fertilisation when carry-over matters

Jomini¹,

Deuson²,

Lowenberg-DeBoer³

et al. 1991

Agricultural Economics

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Untitled

Rosenzweig

Iglesias

Fischer

et al. 1999

Environmental Modeling and Assessment

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A Von Liebig Model for Water and Nitrogen Crop Response

Cited by 16 publications

References 10 publications

FORUM: Bilateral Monopoly: A Market for Intercountry River Water Allocation

FORUM: Bilateral Monopoly: A Market for Intercountry River Water Allocation

Modelling stochastic crop response to fertilisation when carry-over matters

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