The shadow prices and demand elasticities of agricultural water in China: A StoNED-based analysis
作者： Xiaobo Shen , Boqiang Lin
DOI: 10.1016/J.RESCONREC.2017.08.010
关键词: Water demand 、 Mainland China 、 China 、 Irrigation 、 Agriculture 、 Economics 、 Shadow price 、 Price elasticity of demand 、 Agricultural economics 、 Farm water
摘要: Based on stochastic nonparametric envelopment of data, this paper estimates the shadow prices of agricultural water and the technical efficiencies, using an input-output data of 30 provincial units in Mainland China from 2002 to 2012. The results show that the average shadow price estimates for agricultural water range between 2.57 yuan/m 3 and 3.88 yuan/m 3; the estimated price elasticity of agricultural water is 0.12, and that improving technical efficiencies of the agricultural sector has a significant effect on the water demand …
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