التفاصيل البيبلوغرافية
| العنوان: |
Estimating the Contribution of Groundwater Irrigation to Farmland Values in Phillips County, Colorado. |
| المؤلفون: |
Swanepoel, G. D.1, Hadrich, Joleen2, Goemans, Christopher3 |
| المصدر: |
Journal of the American Society of Farm Managers & Rural Appraisers. 2015, p166-179. 14p. |
| مصطلحات موضوعية: |
*HEDONIC damages, VALUATION of farms, HEDONISTIC consumption, GROUNDWATER flow, IRRIGATION farming |
| مستخلص: |
Hedonic price analysis is applied to farmland sales in Phillips County, Colorado to examine trends in farmland values across different land types from 1999-2012. Results demonstrate that irrigated acres resulted in the highest farmland value while well depth decreased this value. The marginal value of an acre foot of water on irrigated farmland ranged from $3-$36 depending on well depth and the discount rate used. This highlights the potential long-term negative impacts that lowering groundwater tables have on agricultural enterprises that rely on wells for irrigation. [ABSTRACT FROM AUTHOR] |
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