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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Input Use and Capacity Constraint under Uncertainty: The Case of Irrigation. | |
Pascal Favard; Philippe Bontems | |
发表日期 | 2002 |
出处 | Climate Change and Sustainable Development |
出版年 | 2002 |
语种 | 英语 |
摘要 | In this paper we consider a two periods model of cropping using irrigation. The farmer takes two kind of decisions, one related to the level of investment in irrigation capacity and the other one to the irrigation level in each period. In the first period, decisions are taken under uncertainty on the rainfall level which is resolved at the beginning of the second period. Assuming a CARA utility function, we show that taxing the investment may entail an increase in preventive irrigation although the investment decreases. Moreover, in the case of a logistic production function, the total water use is non monotonic with respect to the price of investment. Indeed, taxing capital may induce the farmer to increase the total level of irrigation despite that the irrigation capacity decreases. Surprisingly, the impact of an increase of water price is generally ambiguous even assuming risk neutrality. |
特色分类 | D8,Q15 |
关键词 | Irrigation,Investment,Uncertainty and risk aversion |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/input-use-and-capacity-constraint-under-uncertainty-the-case-of-irrigation-/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/116784 |
推荐引用方式 GB/T 7714 | Pascal Favard,Philippe Bontems. Input Use and Capacity Constraint under Uncertainty: The Case of Irrigation.. 2002. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
NDL2002-072.pdf(505KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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