State Water Resources Research Institute Program

Project ID: 2012NE224B
Title: Analysis of Potential Groundwater Trading Programs for Nebraska
Project Type: Research
Start Date: 3/ 1/2012
End Date: 2/28/2013
Congressional District: NE 01
Focus Categories: Economics, Law, Institutions, and Policy, Water Use
Keywords: groundwater trading, Republican River Basin
Principal Investigators: Schoengold, Karina (University of Nebraska); Brozovic, Nicholas (University of Illinois)
Federal Funds: $ 19,700
Non-Federal Matching Funds: $ 39,840
Abstract: The overall objective of the research is to compare data on actual groundwater trading and banking decisions with analytical models to improve existing economic models and inform policymakers about the potential economic and ecological results from developing more active groundwater trading programs. The analysis will consider groundwater trading along two dimensions - spatially and temporally. We will examine the utility of existing economic models in measuring the benefits of intraseasonal water trading across space, and develop and parameterize dynamic economic models of interseasonal water trading.

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