1983
DOI: 10.2307/1240458
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Benefits from Groundwater Management: Magnitude, Sensitivity, and Distribution

Abstract: ater an gement: tribution I UNIVERSITY OF Empirical estimates of benefits from groundwater management are reported for an ar a in) California with heavy reliance on groundwater supplies. Benefits are quite sensitive t hi the water demand schedule and interest rate but less sensitive to other parameters. I However, in all cases considered the increases in welfare from groundwater managlentAg ' ricuitura I rc n n o riirs Lib''' rv are less than ten percent. Tax revenues received under a system of pump taxes are … Show more

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Cited by 129 publications
(95 citation statements)
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“…The estimated welfare gains from optimal management were quite small (less than 3.7%). Similarly small gains were found by several other authors including Allen and Gisser, Nieswiadomy, and Fienerman and Knapp [1,18,8]. See Koundouri [16] for a more comprehensive review.…”
Section: Notessupporting
confidence: 56%
“…The estimated welfare gains from optimal management were quite small (less than 3.7%). Similarly small gains were found by several other authors including Allen and Gisser, Nieswiadomy, and Fienerman and Knapp [1,18,8]. See Koundouri [16] for a more comprehensive review.…”
Section: Notessupporting
confidence: 56%
“…A secondary set of necessary elements includes the considerations related to stakeholder concerns and revolves around the topic of groundwater governance. Feinerman and Knapp 1983;Gisser and Sánchez 1980;Bredehoeft and Young 1970;Freeze and Massmann 1990;Alley et al 1999;Kresic 1997;Harbaugh and McDonald 1996;Kalf and Wooley 2005 -this Diffusivity is an indication of the rate of movement through a system and the capacity to sustain localized drawdowns without resulting in long-term storage depletion. An aquifer's diffusivity is probably a good indicator of the relationship to an appropriate planning horizon…”
Section: Aquifer Performancementioning
confidence: 99%
“…12 The return of revenue can cause problems if it distorts the incentives provided by the efficiency price (see e.g., Feinerman and Knapp 1983). We achieve a non-distorting, lump-sum revenue transfer by means of an inframarginal block that is priced at less than its marginal cost.…”
Section: Revenuementioning
confidence: 99%