From Drought to Deluge: Designing Groundwater Pricing Policies to Cope With California’s Water Woes
Bruno, Ellen M.
from ARE Update Vol. 26, No. 4, Mar/Apr, 2023
Abstract
Groundwater pricing presents a promising tool for managing groundwater demand under California’s Sustainable Groundwater Management Act. We use data from an agricultural region on the Central Coast to examine how farmers respond to an increase in price over a five-year period. We find that farmers are increasingly responsive to price over time.
Keywords
groundwater management, environmental regulation, agriculture, Pajaro Valley, groundwater conservation
Citation
Bruno, Ellen M. 2023. "From Drought to Deluge: Designing Groundwater Pricing Policies to Cope With California’s Water Woes." ARE Update 26(4): 1-3. University of California Giannini Foundation of Agricultural Economics.
https://giannini.ucop.edu/filer/file/1683135289/20665/