Estimation of Cost and Benefit of Instream Flow

Estimation of Cost and Benefit of Instream Flow

Author: Parvaneh Amirfathi

Publisher:

Published: 1984

Total Pages:

ISBN-13:

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Water flowing in streams has value for various types of recreationists and is essential for fish and wildlife. Since water demands for offstream uses in the arid west have been steadily increasing, increasing instream flows to enhance the recreational experience might be in conflict with established withdrawals for uses such as agriculture, industries and households. It is the intent of this study to contribute to an economic assessment of the tradeoff between maintaining instream flow for river recreation use and offstream uses; that is, to develop and apply a method to measure costs and benefits of water used for recreation on a river. Since market prices are not observable for instream flows, the estimation economic value of instream flow would present well known difficulties. The household production function theory was used to build the theoretical model to measure economic value of instream flow. Policy implication are discussed with emphasis on application of the information to water management decisions.


Economics of Water Resources

Economics of Water Resources

Author: Mary E. Renwick

Publisher: Routledge

Published: 2018-01-18

Total Pages: 547

ISBN-13: 1351159275

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Water is becoming an increasingly scarce commodity in many parts of the world. Population growth plus a growing appetite for larger quantities of cheap water quality as a result of urban, industrial, and agricultural pollution coupled with increasing environmental demands have further reduced usable suppliers. This book brings together thirty of the best economic articles addressing water scarcity issues within the US and Mexico. By touching on a number of different issues, this volume clearly articulates the need for improving existing institutional arrangements as well as for developing new arrangements to address growing water scarcity problems.