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A General Model for Evaluating Agricultural Flood Plains
Author(s) -
Lacewell Ronald D.,
Eidman Ver R.
Publication year - 1972
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.2307/1237738
Subject(s) - damages , flood myth , agriculture , environmental planning , agricultural land , floodplain , flood control , business , environmental resource management , geography , water resource management , environmental science , political science , cartography , law , archaeology
Abstract An important part of agricultural flood plain development is providing flood protection. However, planning procedures have been criticized for (1) considering only flood protection methods as means of coping with flood losses, (2) developing inequitable land owner assessments following installation of a protection project, and (3) inadequately anticipating land use adjustments and their effect on project benefits. The model discussed in this paper can be used to estimate the incidence of agricultural flood damages and avoid the above criticisms. The model can be used to evaluate alternative protection plans, estimate flood insurance premiums, equitably allocate assessments, and select improved land use patterns.