WILLINGNESS TO PAY FOR IRRIGATION WATER IN LOUISIANA

We conducted survey to collect information from Louisiana farmers to understand their concerns related to irrigation water quality and availability of sufficient water for crop irrigation. We used logistic models to estimate the willingness to pay (WTP) for irrigation water during critical crop growing periods. Variables affecting the participation in WTP are income, land holding size, risk aversion, and education. Our estimated results show that farmers with higher education are more likely to pay for irrigation water compared to farmers with high school and college degree. Age of the farmers, farm revenue, size of the rented land have negative effect on willingness to pay for irrigation water. The sizes of the owned land and risk aversion factor have positive effect on willingness to pay.


Issue Date:
2017-02
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/252821
Page range:
Title page-References
Total Pages:
19
JEL Codes:
Q12; Q25




 Record created 2017-04-01, last modified 2017-04-26

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