Date of this Version
J. R. Sims, Econometric Estimation of Groundwater Depth Change for the High Plains Aquifer, MS Thesis, Department of Agricultural Economics, University of Nebraska–Lincoln, 2017. Accessed [mm/dd/yyyy] from http://digitalcommons.unl.edu/agecondiss/
This article presents a new method for estimating changes in depth to groundwater at a yearly, county level and incorporates these estimates as the dependent variable of econometric models for the High Plains aquifer. The High Plains (Ogallala) aquifer underlies eight states in the central United States and is the primary source of irrigation water for this large food producing region. The stock of groundwater is a finite, non-renewable resource with minimal recharge in most areas. Many fields of study, including hydrology and agricultural economics, are interested in depth to groundwater changes because they serve as a proxy for estimating groundwater stock changes. Economic data exist at the yearly, county level, but there are currently no yearly estimates for depth to groundwater changes making it difficult to reliably utilize economic optimization and production models that depend on groundwater data. Including the new estimates generated in this study as the dependent variable with climate, recharge, and irrigation as independent variables in panel econometric models (Pooled OLS, Random Effects, and Fixed Effects) with counties as the individuals produced statistically significant results. Further, models were found which consistently performed best when comparing coefficients and predicted values with outside estimates from hydrology studies.
Advisor: Lilyan E. Fulginiti