Journal of Agricultural and Resource Economics (Jul 1998)

Water Management Policies for Streamflow Augmentation in an Irrigated River Basin

  • David B. Willis,
  • Norman K. Whittlesey

DOI
https://doi.org/10.22004/ag.econ.31184
Journal volume & issue
Vol. 23, no. 1
pp. 170 – 190

Abstract

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The value of maintaining a minimum streamflow objective on average is lessened when there is considerable dispersion around the average. An integrated economic and hydrology model is presented which provides water policy planners with a way to accurately measure both the economic cost and hydrologic consequences of maintaining a minimum streamflow level in an irrigated river basin at alternative probabilities of maintaining the target flow level. Water markets for streamflow augmentation are shown to be the most cost-effective policy in the study area.

Keywords