Estimating the Contribution of Groundwater Irrigation to Farmland Values in Phillips County, Colorado

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dc.creatorSwanepoel, G.D.
dc.creatorHadrich, Joleen
dc.creatorGoemans, Christopher
dc.date2017-04-01T19:38:08Z
dc.date.accessioned2026-07-09T10:24:12Z
dc.descriptionHedonic price analysis is applied to farmland sales in Phillips County, Colorado to examine trends in farmland values across different land types from 1999-2012. Results demonstrate that irrigated acres resulted in the highest farmland value while well depth decreased this value. The marginal value of an acre foot of water on irrigated farmland ranged from $3-$36 depending on well depth and the discount rate used. This highlights the potential long-term negative impacts that lowering groundwater tables have on agricultural enterprises that rely on wells for irrigation.
dc.identifierdoi:10.22004/ag.econ.233878
dc.identifierhttps://ageconsearch.umn.edu/record/233878/files/429_Hadrich_final.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/233878
dc.identifier.urihttp://hdl.handle.net/123456789/618350
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/233878
dc.titleEstimating the Contribution of Groundwater Irrigation to Farmland Values in Phillips County, Colorado
dc.typeText

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