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The economic value of water in different uses within agriculture. Research technical completion report, project A-017-IDA Item Info

Studies of the economic value of irrigation water in alternative uses within agriculture in Idaho were conducted using two different approaches of economic analysis. The first approach was to estimate the economic value of water through cost function analysis. The value of water in this approach is a proportion of the cost of producing a dollar value of output. This approach does not yield the value of an incremental acre foot of water, but yields a weighted average of all the increments of water over the whole range of production. The other approach of economic analysis was the application of linear programming in estimating the value of an incremental unit of water. Three irrigation areas along the Snake River were included in the study. Costs of producing different crops were computed and representative farms of the three areas were constructed. These farm operations were assumed to be typical of the areas, and under given resource allocation restrictions, the economic return to the input of water would indicate the value of an incremental unit of water in the production of agricultural products.

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Title:
The economic value of water in different uses within agriculture. Research technical completion report, project A-017-IDA
Authors:
Lindeborg, Karl H.
Date Created (ISO Standard):
1968-08
Description:
Studies of the economic value of irrigation water in alternative uses within agriculture in Idaho were conducted using two different approaches of economic analysis. The first approach was to estimate the economic value of water through cost function analysis. The value of water in this approach is a proportion of the cost of producing a dollar value of output. This approach does not yield the value of an incremental acre foot of water, but yields a weighted average of all the increments of water over the whole range of production. The other approach of economic analysis was the application of linear programming in estimating the value of an incremental unit of water. Three irrigation areas along the Snake River were included in the study. Costs of producing different crops were computed and representative farms of the three areas were constructed. These farm operations were assumed to be typical of the areas, and under given resource allocation restrictions, the economic return to the input of water would indicate the value of an incremental unit of water in the production of agricultural products.
Subjects:
Alternative water use water use irrigation water
IWRRI number:
196813
Rights:
Rights to the digital resource are held by the University of Idaho. http://www.uidaho.edu/
Publisher:
Water Resources Research Institute, University of Idaho
Contributing Institution:
University of Idaho
Type:
Text
Format:
application/pdf
Cataloger:
Jodi Haire
Date Digitized:
2008-09-12

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Preferred Citation:
"The economic value of water in different uses within agriculture. Research technical completion report, project A-017-IDA", Idaho Waters Digital Library, University of Idaho Library Digital Collections, https://www.lib.uidaho.edu/digital/iwdl/items/iwdl-196813.html
Rights
Rights:
Rights to the digital resource are held by the University of Idaho. http://www.uidaho.edu/
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