WATER ECONOMICS PUBLICATIONS 1961-2003

This technical bulletin is a compilation of water-related publications by the faculty of the Department since 1961. Topics range from the economics of irrigation to the use of windmills and from water supply policy to water quality in feedyards and playa lakes. Most of the publications address regional issues with widespread implications, but some articles address water issues in other regions of the United States and the world. This listing illustrates the depth and breadth of the work done on water issues within the Department.Resource /Energy Economics and Policy,

Price Determinants of Ranch Horses Sold at Auction in Texas

A hedonic pricing model was used to determine parameters affecting ranch horse prices at two Texas auctions. Color, sex, age-sex interaction, sale order, and consigning ranch were all found to significantly affect price. Sire analysis found that progeny performance records did not significantly affect price.auction, hedonic model, ranch horses, Demand and Price Analysis, Livestock Production/Industries, C01, Q10,

Economic Efficiency of Short-Term Versus Long-Term Water Rights Buyouts

Because of the decline of the Ogallala Aquifer, water districts, regional water managers, and state water officers are becoming increasingly interested in conservation policies. This study evaluates both short-term and long-term water rights buyout policies. This research develops dynamic production functions for the major crops in the Texas Panhandle. The production functions are incorporated into optimal temporal allocation models that project annual producer behavior, crop choices, water use, and aquifer declines over 60 years. Results suggest that long-term buyouts may be more economically efficient than short-term buyouts.dynamic production function, nonlinear optimization, Ogallala Aquifer, water rights buyout, Agribusiness, Environmental Economics and Policy, Q30, Q32, Q38,

Environmental effects on lunar astronomical observatories

The Moon offers a stable platform with excellent seeing conditions for astronomical observations. Some troublesome aspects of the lunar environment will need to be overcome to realize the full potential of the Moon as an observatory site. Mitigation of negative effects of vacuum, thermal radiation, dust, and micrometeorite impact is feasible with careful engineering and operational planning. Shields against impact, dust, and solar radiation need to be developed. Means of restoring degraded surfaces are probably essential for optical and thermal control surfaces deployed in long-lifetime lunar facilities. Precursor missions should be planned to validate and enhance the understanding of the lunar environment (e.g., dust behavior without and with human presence) and to determine environmental effects on surfaces and components. Precursor missions should generate data useful in establishing keepout zones around observatory facilities where rocket launches and landings, mining, and vehicular traffic could be detrimental to observatory operation

Dynamical simplices and Fra\"iss\'e theory

We simplify a criterion (due to Ibarluc\'ia and the author) which characterizes dynamical simplices, that is, sets $K$ of probability measures on a Cantor space $X$ for which there exists a minimal homeomorphism of $X$ whose set of invariant measures coincides with $K$. We then point out that this criterion is related to Fra\"iss\'e theory, and use that connection to provide a new proof of Downarowicz' theorem stating that any Choquet simplex is affinely homeomorphic to a dynamical simplex. The construction enables us to prove that there exist minimal homeomorphisms of a Cantor space which are speedup equivalent but not orbit equivalent, answering a question of D. Ash

Policy Alternatives for the Southern Ogallala Aquifer

Due to declining water levels in the Ogallala Aquifer, policy alternatives for extending the life of the aquifer for irrigation and other purposes are evaluated. The study concludes that blanket water conservation policies for the region are likely to be inefficient because of economic and hydrologic differences in the region.Resource /Energy Economics and Policy,

Aquifer Depletion and the Cost of Water Conservation: The Southern High Plains of Texas Case

Irrigated agriculture has played a vital role in the development and growth of the Great Plains Region of the United States. The primary source of water for irrigation in this region is the Ogallala Aquifer. The Southern portion of the Ogallala Aquifer is considered exhaustible due to the low level of recharge relative to the quantities of water pumped. Analysis and evaluation of water conservation policies which could extend the economic life of the Ogallala Aquifer in the Southern High Plains of Texas and Eastern New Mexico, and which could contribute to maintaining the viability of the regional economy is important. This study evaluates the impacts of water conservation policies which limit drawdown of the Ogallala Aquifer. County level dynamic optimization models maximizing net present value of net returns to land, management, groundwater, and irrigation systems over a sixty year planning horizon were formulated to evaluate three aquifer drawdown restrictions. The results of this study indicate that because of the differences in hydrologic characteristics and current irrigation levels across counties in the study area, blanket water conservation policies for the region as a whole are likely to be inefficient. This study concludes that for this region, water conservation policies that focus on counties that would deplete the aquifer to less than 30 ft. of saturated thickness possess the lowest implicit cost of conserving saturated thickness.water conservation, water policy evaluation, aquifer management, dynamic optimization, Resource /Energy Economics and Policy,

TOWARDS A COMPREHENSIVE REGIONAL WATER POLICY MODEL FOR THE TEXAS HIGH PLAINS

A 19 county, 50-year dynamic economic optimization model of irrigated crop production is linked to a detailed hydrology model for purposes of improving policy estimates of economic cost and associated water saving of groundwater conservation management policies. Spatial and temporal desegregation, allows planners to target specific areas and improve the accuracy of benefit-cost policy estimates.Resource /Energy Economics and Policy,

Economic Evaluation of Wind Energy as an Alternative to Natural Gas Powered Irrigation

High natural gas prices have agricultural producers searching for alternative energy sources for irrigation. The economic feasibility of electric and hybrid (electric/wind) systems are evaluated as alternatives to natural gas powered irrigation. Texas Panhandle and Southern Kansas farms are assessed with a quarter-mile sprinkler system, three crops, and two pumping lifts. Breakeven points identify the price at which conversion from a natural gas irrigation system to an electric or hybrid system is cost effective. Results indicate electricity is a more feasible energy source for irrigation and policy changes such as net metering are necessary to make hybrid systems viable.electricity, irrigation, natural gas, wind energy, Agribusiness, Community/Rural/Urban Development, Environmental Economics and Policy, Farm Management, International Development, Land Economics/Use, Research and Development/Tech Change/Emerging Technologies, Resource /Energy Economics and Policy, Q12, Q20, Q42,