The Effect of Underground Water Supply on Land Values in Southwestern Kansas PDF Download
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Author: Samuel Hector Lee
Publisher:
ISBN:
Category :
Languages : en
Pages : 138
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Author: Samuel Hector Lee
Publisher:
ISBN:
Category :
Languages : en
Pages : 138
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Author: Kevyn Brooke Thompson
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 0
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Value of land is a combination of multiple characteristics of the parcel including water availability, which can greatly affect land sale prices. The objective of this study is to determine the relationship between water availability and land sale prices in Kansas. Within the study region of the 31 westernmost counties in Kansas, the primary source of irrigation for crop production is the Ogallala Aquifer. To this day, depletion rates of the aquifer greatly exceed recharge rates and aquifer water levels continue to steadily decline. As water from the aquifer becomes more scarce, profitability and land values will also decline. A solid understanding of the impact water availability has on land values is imperative to better estimate future land values. Data from the Property Valuation Division (PVD) of the Kansas Department of Revenue (KDR), the Water Information Management and Analysis System (WIMAS), and the Kansas Geological Survey (KGS) were all utilized to determine the relationship between water levels and land values. A hedonic price method was employed to analyze the data. Irrigated parcels have a greater premium compared to dryland operations. In general, a majority of producers in western Kansas are commonly more concerned about having the ability to irrigate rather than the amount water available to irrigate.
Author: David E. Kromm
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 280
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In the forty years since the invention of center pivot irrigation, the Nigh Plains aquifer system has been depleted at an astonishing rate. Is the region now in danger of becoming the Great American Desert? In this volume eleven of the most knowledgeable scholars and water professionals in the Great Plains insightfully examine the dilemmas of groundwater use. They address both the technical problems and the politics of water management, providing a badly needed analysis of the implications of large-scale irrigation.
Author: Lorrin L. Morrison
Publisher:
ISBN:
Category : Electronic journals
Languages : en
Pages : 506
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Author: E. Haworth
Publisher: Рипол Классик
ISBN: 5872409761
Category : History
Languages : en
Pages : 95
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Author: David H. Lobmeyer
Publisher:
ISBN:
Category : Groundwater
Languages : en
Pages : 52
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Author: Gabriel S. Sampson
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Incomplete property rights are common across a range of natural resources such as fisheries and groundwater. The High Plains Aquifer region of Kansas provides one example of a complex but incomplete system of property rights. Rights to groundwater in Kansas are incomplete due to the physical characteristics of the resource, limited transferability between irrigators, and regulatory uncertainty. This paper takes a hedonic approach to understanding how three core features of prior appropriation water rights in Kansas--access, allocation, and seniority--confer value to irrigated farmland. All three water right features are priced into land values. Groundwater access rights confer an average land value premium of 71%, or $1,443/acre. Water rights having larger allocations and more seniority are more valued in the land market. The effect of seniority is consistent with more junior rights facing greater regulatory risk of curtailments. Our results indicate incomplete resource rights still confer value. Additionally, we use our empirical estimates to quantify the distributional costs of adopting modified groundwater governance regimes that ignore heterogeneity in allocation or seniority.
Author:
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ISBN:
Category : Agriculture
Languages : en
Pages : 766
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Author:
Publisher:
ISBN:
Category : Groundwater
Languages : en
Pages : 120
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Author: Geological Survey (U.S.)
Publisher:
ISBN:
Category : Groundwater
Languages : en
Pages : 56
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