THE IMPACT OF WATER AVAILABILITY ON LAND VALUES IN KANSAS
| dc.contributor.advisor | Vestal, Mallory K | |
| dc.creator | Thompson, Kevyn Brooke | |
| dc.creator.orcid | 0000-0003-3311-3856 | |
| dc.date.accessioned | 2022-06-15T21:22:56Z | |
| dc.date.available | 2022-06-15T21:22:56Z | |
| dc.date.created | 2022-05 | |
| dc.date.issued | 2022-06-09 | |
| dc.date.submitted | May 2022 | |
| dc.date.updated | 2022-06-15T21:22:57Z | |
| dc.description.abstract | Value of land is a combination of multiple characteristics of the parcel including water availability, which can greatly affect land sale prices. The objective of this study is to determine the relationship between water availability and land sale prices in Kansas. Within the study region of the 31 westernmost counties in Kansas, the primary source of irrigation for crop production is the Ogallala Aquifer. To this day, depletion rates of the aquifer greatly exceed recharge rates and aquifer water levels continue to steadily decline. As water from the aquifer becomes more scarce, profitability and land values will also decline. A solid understanding of the impact water availability has on land values is imperative to better estimate future land values. Data from the Property Valuation Division (PVD) of the Kansas Department of Revenue (KDR), the Water Information Management and Analysis System (WIMAS), and the Kansas Geological Survey (KGS) were all utilized to determine the relationship between water levels and land values. A hedonic price method was employed to analyze the data. Irrigated parcels have a greater premium compared to dryland operations. In general, a majority of producers in western Kansas are commonly more concerned about having the ability to irrigate rather than the amount water available to irrigate. | |
| dc.format.mimetype | application/pdf | |
| dc.identifier.uri | https://hdl.handle.net/11310/4198 | |
| dc.language.iso | en_US | |
| dc.subject | hedonic | |
| dc.subject | irrigation | |
| dc.subject | land values | |
| dc.subject | Ogallala Aquifer | |
| dc.subject | property | |
| dc.title | THE IMPACT OF WATER AVAILABILITY ON LAND VALUES IN KANSAS | |
| dc.type | Thesis | |
| dc.type.material | text | |
| thesis.degree.department | Agricultural Sciences | |
| thesis.degree.discipline | Agricultural Business and Economics | |
| thesis.degree.grantor | West Texas A&M University | |
| thesis.degree.level | Masters | |
| thesis.degree.name | M. S. |