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LAND SUBSIDENCE: AN ECONOMIC ANALYSIS1 |
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| Authors: | Charles McCauley Russell Gum |
| Abstract: | ABSTRACT. Land subsidence due to groundwater overdraft has been assumed to be one of Arizona's major water related problems. This paper investigates the premise from an economic point of view and concludes that in the case of Arizona the physical fact of land subsidence has little or no economic significance. |
| Keywords: | land subsidence groundwater overdraft economic analysis |