Kuwayama, Yusuke; Brozović, Nicholas - In: Journal of Environmental Economics and Management 66 (2013) 2, pp. 364-382
Groundwater pumping can reduce the flow of surface water in nearby streams. In the United States, recent awareness of this externality has led to intra- and inter-state conflict and rapidly-changing water management policies and institutions. Although the marginal damage of groundwater use on...