The true value of irrigation water in the Olifants River Basin: Western Cape

The true value of irrigation water in the Olifants river irrigation system is determined using a static deterministic linear programming model. This paper illustrates that a water market will generate price signals which will reflect the true scarcity of water. If the water market is left to operate pareto optimality will be reached and the general welfare of the nation will increase. What is more, water which is a true scarce resource in South Africa will be used more effectively.


Issue Date:
1997-12
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/54453
Published in:
Agrekon, Volume 36, Issue 4
Page range:
551-560
Total Pages:
11




 Record created 2017-04-01, last modified 2017-12-13

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