Cost of consumption: an analysis of the heterogeneous impacts of groundwater availability in the High Plains aquifer, The
Nearly 20-percent of the wheat, corn, cotton and cattle produced in the United States are made possible by the hydrologic resources of the High Plains Aquifer (HPA) (NRCS, 2017). Despite being a source of agricultural prosperity, this aquifer has long been subject to overdraft including reductions in saturated thickness exceeding 50m in the southern extents (Haacker et al., 2016). We follow Hornbeck et al. (2014, 2015) in comparing economic outcomes among counties inside the HPA to similar counties within 100km from the aquifer boundary, building on this research by also evaluating the impact ...
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