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- Title
Economic efficiency and cost implications of habitat conservation: An example in the context of the Edwards Aquifer region.
- Authors
Gillig, Dhazn; McCarl, Bruce A.; Jones, Lonnie L.; Boadu, Frederick
- Abstract
Groundwater management in the Edwards Aquifer in Texas is in the process of moving away from a traditional right of capture economic regime toward a more environmentally sensitive scheme designed to preserve endangered species habitats. This study explores economic and environmental implications of proposed groundwater management and water development strategies under a proposed regional Habitat Conservation Plan. Results show that enhancing the habitat by augmenting water flow costs $109-1427 per acre-foot and that regional water development would be accelerated by the more extreme possibilities under the Habitat Conservation Plan. The findings also indicate that a water market would improve regional welfare and lower water development but worsen environmental attributes.
- Publication
Water Resources Research, 2004, Vol 40, Issue 4, pn/a
- ISSN
0043-1397
- Publication type
Article
- DOI
10.1029/2003WR002749