期刊名称：Journal of Agricultural and Resource Economics
印刷版ISSN：1068-5502
出版年度：2018
卷号：43
期号：2
页码：195-214
出版社：WAEA
摘要：Given the expansive water consumption of the agricultural sector in the western United States,irrigation practices have increasingly been restricted as a way to combat water scarcity. Usingsegment-level panel data on land values and irrigation status, we measure the extent to whichirrigation restrictions are capitalized into irrigated and nonirrigated cropland values in Nebraska.On average, irrigation restrictions did not have a measurable impact on farmland values across1999–2012. However, our results show that the effects of the restrictions vary considerably overtime and that basins that were more dependent on irrigation were disproportionately impacted bythe restrictions.
