The buffer value of groundwater with stochastic surface water supplies

  • Yacov Tsur*
  • , Theodore Graham-Tomasi
  • *Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

153 Scopus citations

Abstract

When utilized with a stochastic source of surface water for irrigation, groundwater may serve to mitigate fluctuations in the supply of water. The benefit corresponding to this service is the buffer value of groundwater. We show that the buffer value is positive. Numerical studies reveal that its magnitude can be significant. The paper also offers a characterization of groundwater extraction in such a setting.

Original languageEnglish
Pages (from-to)201-224
Number of pages24
JournalJournal of Environmental Economics and Management
Volume21
Issue number3
DOIs
StatePublished - Nov 1991
Externally publishedYes

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 6 - Clean Water and Sanitation
    SDG 6 Clean Water and Sanitation

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