Environmental Valuation & Cost-Benefit News
Estimating the Value of Water Use Permits: A Hedonic Approach Applied to Farmland in the Southeastern United States
11/29/07
10:02:37 am, by damageva 
, 143 words, 112 views 
Categories: Water, Land + Water, Academic Study/Journal Article, Agriculture, Forestry and Food, South, Regulatory Analysis, Costs and Benefits
Estimating the Value of Water Use Permits: A Hedonic Approach Applied to Farmland in the Southeastern United States
Abstract: Agricultural irrigation permits in the Flint River Basin in Georgia had been routinely granted until a moratorium was placed on permit issuance in 1999. This research exploits this policy change within a hedonic-pricing framework to estimate the value of irrigation rights in the southeastern United States. While the value of irrigation rights has been studied extensively in the western United States, differences in property rights and legal regimes, as well as a lack of established water-rights markets in the eastern United States, leave us with little information regarding the value of irrigation rights in this setting.
by Ragan A Petrie and Laura O Taylor
Land Economics http://le.uwpress.org
Volume 83, Issue 3; August, 2007; page 302
http://le.uwpress.org/cgi/content/abstract/83/3/302?maxtoshow=&HITS=10&hits=10&RESULTFORMAT=&author1=Taylor%2C+Laura&searchid=1&FIRSTINDEX=0&sortspec=relevance&resourcetype=HWCIT
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