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• W2110160345 abstract "Using panel data from a period of water rate reform, this paper estimates the price elasticity of irrigation water demand. Price elasticity is decomposed into the direct effect of water management and the indirect effect of water price on choice of output and irrigation technology. The model is estimated using an instrumental variables strategy to account for the endogeneity of technology and output choices in the water demand equation. Estimation results indicate that the price elasticity of agricultural water demand is −0.79, which is greater than that found in previous studies." @default.
• W2110160345 created "2016-06-24" @default.
• W2110160345 creator A5000181330 @default.
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• W2110160345 date "2006-09-01" @default.
• W2110160345 modified "2023-10-13" @default.
• W2110160345 title "Price elasticity reconsidered: Panel estimation of an agricultural water demand function" @default.
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• W2110160345 doi "https://doi.org/10.1029/2005wr004096" @default.
• W2110160345 hasPublicationYear "2006" @default.
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