Volume 32, Issue 3 e12217

RESEARCH ARTICLE

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Transboundary extraction of groundwater in the presence of hydraulic fracturing

Biswo N. Poudel,

Biswo N. Poudel

Kathmandu University School of Management, Lalitpur, Nepal

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Krishna P. Paudel,

Corresponding Author

Krishna P. Paudel

kpaudel@agcenter.lsu.edu

orcid.org/0000-0002-9780-5520

Louisiana State University (LSU) and LSU Agricultural Center, Baton Rouge, Louisiana, USA

Correspondence Krishna P. Paudel, Gilbert Durbin Endowed Professor, Department of Agricultural Economics and Agribusiness, Louisiana State University (LSU) and LSU Agricultural Center, Baton Rouge, Louisiana, 70803, USA. Email: kpaudel@agcenter.lsu.edu

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Biswo N. Poudel,

Biswo N. Poudel

Kathmandu University School of Management, Lalitpur, Nepal

Search for more papers by this author

Krishna P. Paudel,

Corresponding Author

Krishna P. Paudel

kpaudel@agcenter.lsu.edu

orcid.org/0000-0002-9780-5520

Louisiana State University (LSU) and LSU Agricultural Center, Baton Rouge, Louisiana, USA

Search for more papers by this author

First published: 22 May 2019

https://doi.org/10.1111/nrm.12217

Citations: 1

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Abstract

We studied transboundary groundwater management problems in the presence of hydraulic fracturing. We found that the presence of risk suggests there should be caution when considering hydraulic fracturing. Our results from the cooperative solution show a decrease in hydraulic fracturing and increase in the steady state survival rate of groundwater. We also provide a Pigouvian type tax that could be imposed on natural gas developers.

RECOMMENDATION FOR RESOURCE MANAGERS

Hydraulic fracturing has the potential to impact groundwater quantity and quality.
A tax on hydraulic fracturing activity has the potential to reduce economic damage.
If two competing states that share groundwater resources cooperate and form a compact, this will reduce hydraulic fracturing activities and increase groundwater quality and quantity.
It is necessary to calculate the total cost and benefit of hydraulic fracturing before considering regulations.

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Volume32, Issue3

Special Issue:Economic Modeling of Natural Resources for Sustainable Development

August 2019

e12217

Transboundary extraction of groundwater in the presence of hydraulic fracturing

Abstract

RECOMMENDATION FOR RESOURCE MANAGERS

REFERENCES

Citing Literature

References

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Transboundary extraction of groundwater in the presence of hydraulic fracturing

Abstract

RECOMMENDATION FOR RESOURCE MANAGERS

REFERENCES

Citing Literature

References

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