Economic valuation of water resources ecosystem services (Case study: Zayandehrud River)

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Fahimi Elahe; FATAHI ARDAKANI AHMAD; fehresti masoud

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Journal: AGRICULTURAL ECONOMICS: IRANIAN JOURNAL OF AGRICULTURAL ECONOMICS (ECONOMICS AND AGRICULTURE JOURNAL) Year:2018 | Volume:12 | Issue:1 Page(s): 79-94

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Title

Economic valuation of water resources ecosystem services (Case study: Zayandehrud River)

Author(s)

Fahimi Elahe | FATAHI ARDAKANI AHMAD | fehresti masoud | Issue Writer Certificate

Keywords

Zayanderud riverQ1

Willingness to payQ2

Environmental economicsQ2

Contingent valuationQ1

Water resource functionsQ1

Residual MethodQ1

Abstract

Water is the most precious treasure available to mankind very much felt in arid areas covering a wide area of Iran. The main aim of the present study was to estimate the economic value of Zayandrood water for use and non-use services as well as estimating water value in agriculture for wheat and barley products in eastern Isfahan using contingent and residual valuation methods. In addition, in the present study, the value of water in the industrial sector was estimated for the steel and Mobarakeh industries in Isfahan using the Residual Method and gross margin. The results showed that the average Willingness to pay of each household in 2016 for the monthly use was 29, 943 Rials and for monthly non-use was 41216 Rials. Also, the value of each cubic meter of water in the agricultural sector in 2015 was 1191 Rials for wheat production in the Abshar network and 2033 Rials for Ruddasht network. Regarding barley production in the Abshar network, it was 308 Rials and for Ruddasht network it was 210 Rials. In addition, the value obtained for each cubic meter of water for the Steel and Mobarakeh industries of Isfahan was estimated at 764, 000 Rials. Finally, it is suggested that the gradual correction of the price of water over time will help to better allocate it between different products, which will improve the productivity of water in agricultural production and save water consumption.

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APA: Copy

Fahimi, Elahe, FATAHI ARDAKANI, AHMAD, & fehresti, masoud. (2018). Economic valuation of water resources ecosystem services (Case study: Zayandehrud River). AGRICULTURAL ECONOMICS: IRANIAN JOURNAL OF AGRICULTURAL ECONOMICS (ECONOMICS AND AGRICULTURE JOURNAL), 12(1 ), 79-94. SID. https://sid.ir/paper/124528/en

Vancouver: Copy

Fahimi Elahe, FATAHI ARDAKANI AHMAD, fehresti masoud. Economic valuation of water resources ecosystem services (Case study: Zayandehrud River). AGRICULTURAL ECONOMICS: IRANIAN JOURNAL OF AGRICULTURAL ECONOMICS (ECONOMICS AND AGRICULTURE JOURNAL)[Internet]. 2018;12(1 ):79-94. Available from: https://sid.ir/paper/124528/en

IEEE: Copy

Elahe Fahimi, AHMAD FATAHI ARDAKANI, and masoud fehresti, “Economic valuation of water resources ecosystem services (Case study: Zayandehrud River),” AGRICULTURAL ECONOMICS: IRANIAN JOURNAL OF AGRICULTURAL ECONOMICS (ECONOMICS AND AGRICULTURE JOURNAL), vol. 12, no. 1 , pp. 79–94, 2018, [Online]. Available: https://sid.ir/paper/124528/en

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