California's 1991 Drought Water Bank: economic impacts in the selling regions
Saved in:
| Main Author: | |
|---|---|
| Format: | Book |
| Language: | Undetermined |
| Published: |
Santa Monica, Calif.
Rand
1993
|
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | XVIII, 88 S. graph. Darst., Kt. |
| ISBN: | 0833014668 |
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MARC
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| 020 | |a 0833014668 |9 0-8330-1466-8 | ||
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| 049 | |a DE-83 | ||
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| 100 | 1 | |a Dixon, Lloyd |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a California's 1991 Drought Water Bank |b economic impacts in the selling regions |c Lloyd S. Dixon ; Nancy Y. Moore ; Susan W. Schechter |
| 264 | 1 | |a Santa Monica, Calif. |b Rand |c 1993 | |
| 300 | |a XVIII, 88 S. |b graph. Darst., Kt. | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 700 | 1 | |a Moore, Nancy Y |e Sonstige |4 oth | |
| 700 | 1 | |a Schechter, Susan |e Sonstige |4 oth | |
| 856 | 4 | 2 | |m HBZ Datenaustausch |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=018367824&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |3 Inhaltsverzeichnis |
| 999 | |a oai:aleph.bib-bvb.de:BVB01-018367824 | ||
Record in the Search Index
| _version_ | 1804140349879222272 |
|---|---|
| adam_text | !
V
Contents
Preface iii
Figures vii
Tables ix
Summary xi
Acknowledgments xvii
1. INTRODUCTION AND BACKGROUND 1
Background on the Bank 3
The Decision to Sell 4
1991 Drought Water Bank Purchases 5
The 1992 Bank 7
Winners and Losers from Bank Transfers 7
Focus of This Study 8
Impact of the Bank on the Farm Economy 9
Recent Studies of the Bank s Economic Impacts 11
Approach of This Study 12
Outline of Report 13
2. IMPACT OF THE WATER BANK ON FARM INPUT PURCHASES,
CROP SALES, AND FARM INCOME 14
Data Collection and Characteristics of the Data 14
Survey Methodology 15
The Sample Frame and Sample Selection 15
Response Rate 16
Characteristics of the Data 17
Impact of the Water Bank on Purchases of Farm Inputs 18
Changes in Farm Operating Cost 20
Isolating Impacts of the Bank from Confounding Factors 21
Changes in Operating Costs Due to the Water Bank 21
Factors Behind Variation in Impacts on Operating Costs 23
Changes in the Components of Operating Costs 25
Impact of Total Bank Purchases on Operating Costs 26
Impact of the Bank on Farm Investment and Total Input
Purchases 27
Impact of the Water Bank on Crop Sales 29
Changes in Farm Crop Sales 29
Changes in Crop Sales Due to the Water Bank 30
Factors Behind the Variation in Impacts on Crop Sales 31
Impact of the Total Bank Purchase on Crop Sales 33
Impacts of the Bank by County 34
Farmer and Landlord Net Income from the Bank 36
Summary 39
vi
3. IMPACT OF THE WATER BANK ON AGRICULTURAL
BUSINESSES AND THE COUNTY ECONOMY 41
Impacts on Agricultural Businesses 41
Survey Methodology and Response Rates 42
Changes in Gross Revenues 43
Impacts Due to the Bank 45
Changes in Other Measures of Firm Activity 48
Negative Impacts of the Bank in Perspective 48
Impact of the Bank on the Overall Economy of Selling Counties 49
Impacts of the Bank in Relation to Overall County Economy 50
Relation Between Negative Impacts of the Bank and Changes in
the County Economy 51
Other Indicators of Negative Bank Impacts 53
Summary 53
4. PERCEPTIONS AND COMMENTS BY AGRICULTURAL
BUSINESSES AND FARMERS IN THE BANK 55
Reasons Perceived by Businesses for the Change in Gross Revenue ... 55
Perceived Positive and Negative Impacts of the Bank 57
Suggestions on How DWR Could Improve the Bank 60
Additional Comments and Concerns About the Bank 63
Summary 65
5. EVALUATION AND LESSONS LEARNED 66
Reducing Third-Party Impacts 67
Deemphasize Crops with High Impacts on Operating Costs and
Downstream Processors 67
Spread Purchases to Diffuse Negative Economic Impacts 68
Rotate Farmers in Bank 68
Do Not Assume that Groundwater-Exchange Contracts Have No
Impact 68
Purchase Price and Contracting Process 68
Consider Lowering the Purchase Price of Water 68
Start Bank As Early As Possible and Use Standard Rules and
Contracts 69
Require More Information About Black-Box Contracts 70
Develop Procedures to Ensure That Both Landlords and Tenants
Are Included 70
Bank Evaluation 70
Continue to Evaluate Economic Impacts of 1991 Bank 70
Broaden Scope of Evaluation 70
Evaluate Future Banks 71
Collect Information Up Front to Evaluate Future Banks 71
Appendix
A. STATISTICAL METHODOLOGY FOR MEASURING THE IMPACT
OF THE WATER BANK ON OPERATING COSTS AND CROP
SALES 73
B. STATISTICAL METHODOLOGY AND CALCULATIONS FOR
ANALYSIS IN SECTION 3 80
C. ECONOMIC DATA ON SELLING COUNTIES 84
References 87
vii
Figures
1.1. Counties in Selling Region 2
2.1. Distribution of Acre-Feet Sold per Acre in Farm Operation 18
2.2. Change in Rice Yield Versus AF/Acre Sold to Bank for GWEL
Contracts 32
3.1. Percentage Change in County Employment Between 1990 and
1991 Versus Negative Impact of Bank on Personal Income 52
ix
Tables
1.1. Sources of Bank Purchases by Contract Type 5
1.2. Summary of Crops Put in the Bank Through No-Irrigation
Contracts 5
2.1. Number of Farmers and Water Sales Participating in Entire Bank
and Survey by Contract Type 16
2.2. Size of Operation and Amount of Water Sold to Bank by Type of
Contract 17
2.3. Average Water Purchased by Crop for No-Irrigation Contracts .... 19
2.4. Change in Operating Costs per Acre in Farm Operation 20
2.5. Change in Operating Cost per Acre Attributable to Water Bank
by Contract Type and Crop 22
2.6. Comparison of Statistical Estimate of Change in Operating Cost
Due to Bank with Crop Budget Data for NIL Contracts 24
2.7. Relation of Impact of Bank on Operating Costs to Crop Budget
by Type of NIL Contract 25
2.8. Changes in Components of Operating Cost per Acre in Farm
Operation by Type of Contract 26
2.9. Impact of Total Bank Purchases on Operating Costs by Contract
Type 27
2.10. Impact of Total Bank Purchases on Operating Costs, Farm
Investment, and Total Input Puchases by Contract Type 28
2.11. Composition of Farm Investment by Contract Type 29
2.12. Change in Crop Sales per Acre in Farm Operation by Contract
Type 30
2.13. Change in Crop Sales per Acre-Foot Sold to Water Bank
Attributable to Water Bank by Contract Type 30
2.14. Comparison of Statistical Estimate of Change in Crop Sales with
Normal Crop Income for NIL Contracts 32
2.15. Relation of Impact of Bank on Crop Sales to Normal Crop
Income by Type of NIL Contract 33
2.16. Impact of Total Bank Purchases on Crop Sales by Water Source ... 34
2.17. Acre-Feet Sold to Bank by County and Contract Type 34 •
2.18. Change in Countywide Farm Operating Costs Due to the Water
Bank 35
2.19. Change in Countywide Crop Sales Due to the Water Bank 36
2.20. Net Benefits of the Bank to Farmers, Landlords, and Water
Agencies 37
2.21. Recipients of Water Bank Payments for Farms Surveyed 38
3.1. Location of Agricultural Firms Completing Survey 43
3.2. Average Percentage Change in Gross Revenue Between 1990 and
1991 by Firm Characteristic 44
3.3. Regression Analysis of Percentage Change in Gross Revenues .... 46
3.4. Percentage Change in County Operating Costs and Crop Sales
Due to Bank by County Group 47
X
3.5. Changes in Financial Statistics Between 1990 and 1991 for Firms
That Supply Farm Inputs or Handle Farm Outputs 48
3.6. Annual Percentage Change in Personal Income from Agriculture
and Agricultural Employment for Counties with NIL and GWEL
Contracts 49
3.7. Approximate Magnitude of Impacts of the Bank on the Overall
County Economy 50
3.8. Average Percentage Change in Counrywide Economic Indicators
Between 1990 and 1991 by County Group 52
4.1. Opinions of Firms Surveyed on Causes of Change in Gross
Revenues 56
4.2. Opinions of Firms Surveyed on Impact of Drought Water Bank
on Change in Gross Revenues Between 1990 and 1991 by Firm
Characteristic 57
4.3. Positive Comments on the Drought Water Bank 58
4.4. Negative Comments on the Drought Water Bank 58
4.5. Suggestions for How DWR Could Improve the Bank 61
A.I. Regression Analysis of Impact of Water Bank Sales on Operating
Costs and Crop Sales for NIL Contracts 75
A.2. Regression Analysis of Impact of Water Bank Sales on Operating
Costs and Crop Sales for GWEL Contracts 75
A.3. Acre-Feet Sold to Bank by County for No-Irrigation Contracts .... 78
A.4. Acre-Feet Sold to Bank by County for Groundwater Contracts .... 78
A.5. Regression Analysis for Prediction of Impact of NIL Contracts
on Farm Investment 79
A.6. Regression Analysis for Prediction of Impact of GWEL Contracts
on Farm Investment 79
B.I. Average Gross Revenues in 1990 and 1991 by Firm
Characteristic 80
B.2. Regression of Percentage Change in Gross Revenue Between
1990 and 1991 on Firm Characteristics 81
B.3. Approximate Magnitude of Negative Impacts of Bank on Overall
County Economy 83
C.I. Change in Measures of County Economic Activity Between 1990
and 1991 84
C.2. Impact of Bank on Agricultural Businesses and Percentage of
County Agricultural Land Not Irrigated 85
|
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| id | DE-604.BV024388445 |
| illustrated | Illustrated |
| indexdate | 2024-07-09T21:58:34Z |
| institution | BVB |
| isbn | 0833014668 |
| language | Undetermined |
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| publishDate | 1993 |
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| publisher | Rand |
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| spelling | Dixon, Lloyd Verfasser aut California's 1991 Drought Water Bank economic impacts in the selling regions Lloyd S. Dixon ; Nancy Y. Moore ; Susan W. Schechter Santa Monica, Calif. Rand 1993 XVIII, 88 S. graph. Darst., Kt. txt rdacontent n rdamedia nc rdacarrier Moore, Nancy Y Sonstige oth Schechter, Susan Sonstige oth HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=018367824&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Dixon, Lloyd California's 1991 Drought Water Bank economic impacts in the selling regions |
| title | California's 1991 Drought Water Bank economic impacts in the selling regions |
| title_auth | California's 1991 Drought Water Bank economic impacts in the selling regions |
| title_exact_search | California's 1991 Drought Water Bank economic impacts in the selling regions |
| title_full | California's 1991 Drought Water Bank economic impacts in the selling regions Lloyd S. Dixon ; Nancy Y. Moore ; Susan W. Schechter |
| title_fullStr | California's 1991 Drought Water Bank economic impacts in the selling regions Lloyd S. Dixon ; Nancy Y. Moore ; Susan W. Schechter |
| title_full_unstemmed | California's 1991 Drought Water Bank economic impacts in the selling regions Lloyd S. Dixon ; Nancy Y. Moore ; Susan W. Schechter |
| title_short | California's 1991 Drought Water Bank |
| title_sort | california s 1991 drought water bank economic impacts in the selling regions |
| title_sub | economic impacts in the selling regions |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=018367824&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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