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The full economic cost of groundwater extraction (English)

When a groundwater basin is exploited by a large number of farmers, acting independently, each farmer has little incentive to practice conservation that would primarily benefit other farmers. This can lead to excessive groundwater extraction. When farmers pay less than the full cost of electricity used for groundwater pumping, this problem can be worsened; while the problem can be somewhat relieved by rationing the electricity supply. The research...
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Strand,Jon.

The full economic cost of groundwater extraction (English). Policy Research working paper ; no. WPS 5494 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/592401468314702740

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