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Economic Effects of an Exhaustible Irrigation Water Supply: Texas High Plains*

Published online by Cambridge University Press:  28 April 2015

James E. Osborn
James E. Osborn*
Affiliation:
Texas Tech University
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Extract

Specialization by a region is determined primarily by resources available and the available markets for the products. In addition, specialization in the production of a product or in an industry is an initial stage of regional development but may not be sufficient. As firms locate in a region to produce with the available resources, a derived demand will develop for substitute and complementary resources.

Input supply firms will locate in the region to satisfy the derived demand for resources. In addition, other firms will locate in the region to process some of the output of the emerging industry. As associated industries locate in the area, an interdependency will develop between the industry's supply requirements and/or markets for their products. Consequently, regional development has a tendency to include firms that are interdependent.

Type
Research Article
Information
Journal of Agricultural and Applied Economics , Volume 5 , Issue 1 , July 1973 , pp. 135 - 139
Copyright
Copyright © Southern Agricultural Economics Association 1973

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Footnotes

*

This paper is contribution number T-1-111 in the College of Agricultural Sciences, Texas Tech University.

References

[1]Grubb, Herbert W. “Importance of Irrigation Water to the Economy of the Texas High Plains.” Texas Water Development Board Report No. 11, Jan. 1966.Google Scholar
[2]Hughes, William F. and Harman, Wyatte L.. “Projected Economic Life of Water Resources, Subdivision Number 1, High Plains Underground Water Reservoir,” Texas Agri. Exp. Sta. Tech. Monograph 6, Dec. 1969.Google Scholar
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[4]New, Leon. 1970 High Plains Irrigation Survey. Texas Agricultural Extension Service, Oct. 1970.Google Scholar
[5]Osborn, James E. and McCray, William C.. An Interindustry Analysis of the Texas High Plains: Part I. Division of Planning Coordination, Office of the Governor, Texas Tech University College of Agricultural Sciences Tech. Pub. T-l-101, April, 1972.Google Scholar
[6]U. S. Department of Agriculture. 1970 Texas County Statistics. Statistical Reporting Service, Austin, 1971.Google Scholar
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