Reichelderfer, Katherine H. (author / Associate Director, Resources and Technology Division, Economic Research Service, U.S. Department of Agriculture)
Format:
Journal article
Publication Date:
1989-05
Published:
USA
Location:
Agricultural Communications Documentation Center, Funk Library, University of Illinois Box: 84 Document Number: C05385
Andrews, M.S. (author), Rausser, G.C. (author), and Andrews: National Center for Food and Agricultural Policy, Resources for the Future; Rausser: University of California Berkeley, Department of Agricultural and Resource Economics
Format:
Journal article
Publication Date:
1986
Published:
USA
Location:
Agricultural Communications Documentation Center, Funk Library, University of Illinois Box: 49 Document Number: C00142
AGE 85925345; Paper presented at the "Annual Meeting at the American Agricultural Economics Association," 1984 August 5 - 8; Ithaca, NY, This paper analyzes the use of an exhaustible resource by an agricultural industry, taking into account agricultural policy considerations and some of the unique conventional wisdom features of the agricultural sector. The model is especially appropriate for analyzing the utilization of water resources. The model assumes the agricultural industry to be competitive, to have a wide distribution of farm sizes, to go through a process of adoption of a continuously improving technology, and to face inelastic demand. The new technology considered is a land quality-improving technology which is similar in its properties to modern irrigation technologies (drip, sprinkler, and center pivot irrigation). In particular, it considers a price-support policy and its impacts.
