Estimating the Value of Water Use Permits: A hedonic approach applied to farmland in the southeastern US
Ragan A. Petrie
Laura O. Taylor
In the State of Georgia, agricultural irrigation permits in the Flint River Basin had been routinely granted until a moratorium was placed on permit issuance in 1999. This research exploits this policy change within a hedonic pricing framework to estimate the value of irrigation rights in the Southeast US. While the value of irrigation rights has been studied extensively in the western US, differences in property rights and legal regimes, as well as a lack of established water-rights markets in the East, leave us with little information regarding the value of irrigation rights in this setting.
In order to set up a list of libraries that you have access to,
you must first login
or sign up.
Then set up a personal list of libraries from your profile page by
clicking on your user name at the top right of any screen.