Groundwater Economics: 1st Edition (Hardback) book cover

Groundwater Economics

1st Edition

By Charles A. Job

CRC Press

687 pages | 73 B/W Illus.

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Hardback: 9781439809006
pub: 2009-12-21
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Description

From the western United States to the Indian subcontinent, water issues have always been economic issues. Considered ubiquitous under the continents, groundwater varies considerably in depth, quality, accessibility, and availability. A unified discussion of groundwater and its economic importance, Groundwater Economics explores the application of economic evaluation and cost/benefit analysis for the use, protection, remediation and conservation of groundwater.

The book reviews the major economic uses of and demand for groundwater, provides an ecosystem context for resource withdrawals, discusses the application of economics to groundwater policy and decisions, and explores the economics of groundwater sustainability. It examines the legal basis for groundwater use and access, then addresses drinking water, irrigation, and waste disposal. The author considers micro- and macro-economic factors, cost-benefit tools, sustainability, transboundary considerations, climate change and policy evaluation, ease of policy implementation, and societal acceptance. He synthesizes key points into practical steps for future application, describing ways to evaluate the economics of groundwater use in the context of the larger ecosystem and the natural capital it provides.

The comprehensive approach taken by this book addresses a full range groundwater topics building on other supporting disciplines, rather than focusing solely on how to evaluate the economics of remediation of contaminated sites or of a single resource use. This multidisciplinary course is a more current way to address this complex issue, compared to the single-discipline approach that addresses groundwater as a physical resource on the one hand and its economics on the other. This unified approach presents an array of tools and factors for the evaluation of the economics of proposals for future groundwater use in relation to the ecosystem and its sustainability.

Table of Contents

Introduction

An Introduction to the Economics of Groundwater

Context

Groundwater in the Ecosystem

Groundwater in the Economy

Groundwater Access and Supply: Wells, Springs, and Green Management

Groundwater Law

Groundwater Consumption for Health and Food

Groundwater Quality Treatment and Waste Disposal

Reprise

Economic Fundamentals

Microeconomics and Basic Economic Relationships

Cost, Benefit, Price, and Value of Groundwater in Market and Nonmarket Settings

Macroeconomics

Political Economy of Groundwater Management

Groundwater Policy

Economic Analysis of Groundwater Policy

Cost–Benefi t Information and Analysis

Groundwater Future

Sustainable Development

Transboundary, International, and Climate Change Considerations

Groundwater in the Future Balance

Case Studies

Case Study 1: Production Well Costs and Benefits

Case Study 2: Economics of Groundwater Depletion

Case Study 3: Groundwater Contaminant Remediation Economics

Case Study 4: Wellhead Protection: Benefits and Costs

Case Study 5: Economic Assessment of a National Regulation—Waste Disposal Wells

Case Study 6: Contingent Valuation of Municipal Water Supply

Case Study 7: Determining Water Rates

Case Study 8: Groundwater Valuation in Rural Settings

Case Study 9: Wetland Benefi ts Evaluation

Case Study 10: Groundwater Sustainability to Balance Urban and Agricultural Needs

Case Study 11: Balancing Ecosystem, Water Use, and Pricing

Index

About the Series

Groundwater Economics, Second Edition, Two-Volume Set

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Subject Categories

BISAC Subject Codes/Headings:
NAT011000
NATURE / Environmental Conservation & Protection
SCI020000
SCIENCE / Life Sciences / Ecology
TEC010030
TECHNOLOGY & ENGINEERING / Environmental / Water Supply