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Economic and spatial modelling of groundwater extraction

Modélisation spatiale d’un prélèvement économique d’eau de nappe

Ökonomisches und räumliches Modellieren der Grundwasser-Extraktion

Modelos económicos y espaciales de la extracción de agua subterránea

النماذج الاقتصادية والمكانية لاستخراج المياه الجوفية

地下水开采的经济和空间模型

מרחבי כלכלי מדגמן של הוצאת מי אדמה

Modellatura economica e spaziale dell'estrazione di falda acquifera

Modelação económica e espacial da extração de água subterrânea

Hydrogeology Journal volume 20, pages 831–834 (2012)Cite this article

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Authors and Affiliations

  1. International Water Management Institute (IWMI), PMB CT 112, Cantonments, Accra, Ghana

    Pamela G. Katic

  2. Crawford School of Economics & Government, The Australian National University, Crawford Building (132), Lennox Crossing, Acton, Canberra, ACT, 0200, Australia

    R. Quentin Grafton

Authors
  1. Pamela G. Katic
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  2. R. Quentin Grafton
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Correspondence to R. Quentin Grafton.

Glossary of economic terms

Common-pool resource

A natural resource such as an aquifer where use is rivalrous and it is costly to exclude users from undertaking withdrawals from the resource.

Competitive extraction

Extraction of natural resources which is unregulated such that there are no institutional limits placed on the rate of withdrawal by an individual resource user.

Gisser-Sanchez effect (GSE)

The view that there is little difference between the optimal rate of groundwater extraction when it is undertaken optimally and when it occurs under competitive/unregulated extraction.

Pumping cost externality

Additional costs imposed on other extractors from a given decision by an extractor to pump water from a well, and that are not accounted for in the pumping decision of an individual.

Stock externality

Reduction in the water available for use by others from a given extractor’s decision to pump water from a well, and that are not accounted for in the pumping decision of an individual.

Sunk cost

An expenditure or cost that has already been incurred (such as the purchase of capital equipment) but which has no impact on current or future returns.

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Katic, P.G., Grafton, R.Q. Economic and spatial modelling of groundwater extraction. Hydrogeol J 20, 831–834 (2012). https://doi.org/10.1007/s10040-011-0817-z

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  • DOI: https://doi.org/10.1007/s10040-011-0817-z

Keywords

  • Groundwater flow
  • Groundwater management
  • Over-abstraction
  • Spatial modelling

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