|Author:||Lange, G. M.|
|Book Group Author:||NA|
This chapter describes the preliminary attempts to estimate the economic value of water for agricultural use in three commercial farming areas in southern Namibia: Stampriet, Orange River, and Hardap irrigation scheme. A brief overview of current water use and agricultural practices in the case study areas is provided in section 8.2. Section 8.3 discusses the theory and the methodology adopted for this study. The study measures the value marginal product of water in agricultural production using the residual value technique for data collected in a farmers' survey. While shortcomings to this technique are noted, it is the best method that can be applied at this time, given the data limitations. The results are presented in section 8.4. Detailed results with sensitivity analysis for some of the major assumptions are presented for the Stampriet case study based on a previous work. The final section discusses the policy implications for water pricing, and future work including the feasibility of applying this methodology to agricultural production in other regions of Namibia.
agricultural production, case studies, commercial farming,natural resource economics, valuation, water management, water policy,water resources, Namibia, Southern Africa, Africa South of Sahara,Africa, Developing Countries, Anglophone Africa, Commonwealth ofNations, South West Africa, water pricing, water resource management,Agricultural Economics (EE110), Natural Resource Economics (EE115) (NewMarch 2000), Policy and Planning (EE120), Plant Production (FF100),Animal Husbandry and Production (LL180) (New March 2000), WaterResources (PP200)