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A platform for research: civil engineering, architecture and urbanism
Economic and Conservation Tradeoffs of Regulatory vs. Incentive-based Water Policy in the Pacific Northwest
In this paper, onfarm water conservation and agricultural economic tradeoffs between selected regulatory and conservation-incentive water-policy choices are evaluated for the Pacific Northwest. Five broad water-policy perspectives are analysed using a total of 37 alternative policy scenarios. Policy analyses use a primal/dual-based, multi-product, normalized restricted-equilibrium model of Pacific Northwest field-crop agriculture. Results demonstrate that conservation-incentive water policy, when integrated within balanced policy reform, can produce upwards of 1.7 million acre-feet of onfarm conserved water for the region, while also significantly increasing economic returns to farmers. Producer willingness to accept water-policy change is lowest for regulatory policy (US$4-$18 per acre-foot of conserved water), but highest for conservation-incentive policy that increases both irrigation efficiency and crop productivity ($67-$208 per acre-foot of conserved water). Conservation-incentive water policy also enhances decision-maker flexibility in meeting multiple regional policy goals (i.e. water for endangered aquatic species, water quality, Native American treaty obligations, and sustainable rural agricultural economies).
Economic and Conservation Tradeoffs of Regulatory vs. Incentive-based Water Policy in the Pacific Northwest
In this paper, onfarm water conservation and agricultural economic tradeoffs between selected regulatory and conservation-incentive water-policy choices are evaluated for the Pacific Northwest. Five broad water-policy perspectives are analysed using a total of 37 alternative policy scenarios. Policy analyses use a primal/dual-based, multi-product, normalized restricted-equilibrium model of Pacific Northwest field-crop agriculture. Results demonstrate that conservation-incentive water policy, when integrated within balanced policy reform, can produce upwards of 1.7 million acre-feet of onfarm conserved water for the region, while also significantly increasing economic returns to farmers. Producer willingness to accept water-policy change is lowest for regulatory policy (US$4-$18 per acre-foot of conserved water), but highest for conservation-incentive policy that increases both irrigation efficiency and crop productivity ($67-$208 per acre-foot of conserved water). Conservation-incentive water policy also enhances decision-maker flexibility in meeting multiple regional policy goals (i.e. water for endangered aquatic species, water quality, Native American treaty obligations, and sustainable rural agricultural economies).
Economic and Conservation Tradeoffs of Regulatory vs. Incentive-based Water Policy in the Pacific Northwest
Schaible, Glenn D. (author)
International Journal of Water Resources Development ; 16 ; 221-238
2000-06-01
18 pages
Article (Journal)
Electronic Resource
English
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