Year Established: 2012 Start Date: 2012-03-01 End Date: 2013-02-28
Total Federal Funds: $19,700 Total Non-Federal Funds: $39,840
Principal Investigators: Karina Schoengold
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.