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"The Economics of Groundwater Management"

C.-Y. Cynthia Lin Lawell , Associate Professor in the Department of Agricultural and Resource Economics, UC Davis. Bacon Lectureship Honorable Mention
  • "The Economics of Groundwater Management"
  • 2016-08-18T12:00:00-07:00
  • 2016-08-18T13:00:00-07:00
  • C.-Y. Cynthia Lin Lawell , Associate Professor in the Department of Agricultural and Resource Economics, UC Davis. Bacon Lectureship Honorable Mention
When
Aug 18, 2016 from 12:00 PM to 01:00 PM (America/Los_Angeles / UTC-700)
Where
1130 K Street, Room LL3
Contact Name
Contact Phone
916-445-5100
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“The Economics of Groundwater Management.”
Associate Professor C.-Y. Cynthia Lin Lawell Department Agricultural and Resource Economics at University of California, Davis

The management of groundwater resources for use in agriculture is an issue that reaches far and wide; many of the world’s most productive agricultural basins depend on groundwater and have experienced declines in water table levels. The food consumers eat, the farmers who produce that food, and the local economies supporting that production are  all affected by the  availability of groundwater. Increasing competition for water from cities and environmental needs, as well as concerns about future climate variability and more frequent droughts, have caused policy makers look for ways to decrease the consumptive use of water. In this talk, Professor Lin Lawell will discuss the economics of groundwater management. There is a socially optimal rate of extraction that can be modeled, measured, and achieved through policy and a complete definition of the property rights that govern groundwater. However, there are  several  factors  that  may affect farmers’ groundwater use decisions and behavior and may lead them to overextract groundwater. These include  increases  in  irrigation  efficiency, perverse incentives from policy, institutional incentives, and externalities.

Cynthia Lin Lawell is an Associate Professor with a joint appointment in the Agricultural and Resource Economics Department  and  the  Environmental Science and Policy Department at the University of California at Davis. Professor Lin Lawell is also the President of the U.S. Association for Energy Economics Bay Area Chapter. She has served on the California State Controller’s Council of Economic Advisors and as the Fossil Fuels Tract Director of the Sustainable Transportation Energy Pathways Program of the UC-Davis Institute of Transportation Studies. Professor Lin Lawell’s fields of interest are environmental and natural resource economics, energy economics, industrial organization, applied econometrics, and applied microeconomics. Among her current areas of research are the petroleum industry, renewable energy, natural resources, environmental regulation, groundwater, air quality, transportation,  agriculture, and development.Professor Lin Lawell has received numerous awards for her research, including the International Society for New Institutional Economics Award for the Best Ph.D. Dissertation and the Harvard University Stone Fellow Award for Best Paper Written by a Doctoral Student in Environmental and Resource Policy. Professor Lin Lawell received her bachelor's degree, summa cum laude, in Environmental Science and Public Policy from Harvard College in 2000 and her Ph.D. in Economics from Harvard University in 2006.

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