| Revista: | Journal of applied economics |
| Base de datos: | CLASE |
| Número de sistema: | 000399386 |
| ISSN: | 1667-6726 |
| Autors: | Sherif, Khalifa1 Hurcan, Ihsan Kaler2 |
| Institucions: | 1California State University, Long Beach, California. Estados Unidos de América 2Mitsui & Co. Europe PLC, Londres. Reino Unido |
| Any: | 2011 |
| Període: | May |
| Volum: | 14 |
| Número: | 1 |
| Paginació: | 145-166 |
| País: | Argentina |
| Idioma: | Inglés |
| Tipo de documento: | Artículo |
| Enfoque: | Aplicado |
| Resumen en inglés | This paper utilizes the geometric techniques developed in Khan and Mitra (2005, 2007) to analyze the optimal intertemporal allocation of water resources in a dynamic setup without discounting. The framework features two sectors: the first uses labor to purify water, while the second uses labor and purified water for irrigation to produce an agricultural consumption good. Purified water can also be used as potable water for drinking purposes. The planner allocates the available factors of production between the two sectors every period, and determines the optimal amounts of purified water, potable water, and irrigation water. The geometry characterizes the optimal path depending on whether the irrigation sector is more labor intensive than the purification sector. When the irrigation sector is labor intensive, the optimal path is a non converging cycle around the golden rule stock of purified water, while if the purification sector is labor intensive, there is a damped cyclical convergence to the golden rule stock |
| Disciplines | Economía, Ingeniería, Geociencias |
| Paraules clau: | Economía agrícola, Econometría, Ingeniería hidráulica, Hidrología, Agua potable, Capital, Agua, Recursos naturales |
| Text complet: | Texto completo (Ver PDF) |
