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Competition versus optimal control in groundwater pumping
This article considers one of the most important issues in water resources research, namely, the management of groundwater. Economists have long taken it for granted that the temporal allocation ofExpand
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Crude Oil and the Macroeconomy: Tests of Some Popular Notions: A Note.
Perhaps no other economic events in the post-World War II era have generated as much attention as the series of crude oil price shocks that have jolted the world economy since the OPEC boycott ofExpand
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Competition Versus Optimal Control in Groundwater Pumping When Demand is Nonlinear
This article considers the issue of optimal control versus no control in groundwater pumping under the assumption of a nonlinear demand function for water use. We confirm for the case of theExpand
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Some additional economic aspects of ground water resources and replacement flows in semi-arid agricultural areas
Abstract This article considers some aspects of the integrated model of the demand function for irrigation water with a hydrologic model of a one-cell-aquifer. A comparison between an optimal controlExpand
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Integration of the agricultural demand function for water and the hydrologic model of the Pecos Basin
The result of integrating the agricultural sector with the aquifer of the Pecos basin is given. In particular, steady state solutions to hydrologic and economic equations are given in which importedExpand
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Price Support, Acreage Controls, and Efficient Redistribution
  • Micha Gisser
  • Economics
  • Journal of Political Economy
  • 1 August 1993
This study is concerned with the combination of target price and acreage controls as the two major mechanisms of farm policy. Acreage controls are shown to enhance the efficiency of redistributionExpand
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Schooling and the Farm Problem
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Economic Aspects of Ground Water Resources and Replacement Flows in Semiarid Agricultural Areas
This article integrates an agricultural demand function for water with a hydrologic model of an aquifer in a semiarid region. The model can aid policy-makers with problems from overdraft leading to aExpand
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A Model for Agricultural Policy: An Addendum
IN TWO PREVIOUS articles I have developed a model of the farm labor market [1, 2]. One of the basic assumptions underlying this model was that capital is exogenous to the farm labor market.Expand
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Welfare Implications of Oligopoly in U.S. Food Manufacturing
A statistical procedure is used to show that increased concentration in U.S. food-manufacturing industries is associated with increased total input productivity. A price leadership model is employedExpand
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