Journal Article
How Will Drought and Groundwater Depletion Affect Irrigated Farmland Values in the Tenth District?
Cooray, Ayesha (2026-06-24)
Irrigated farmland commands a premium relative to non-irrigated farmland due to capitalized infrastructure, access rights to groundwater, and superior yield potential. In the Tenth Federal Reserve District, this premium has been increasing over time and rising faster during droughts. Whether this premium will subsist in the long term, however, depends on existing groundwater reserves, local rates of aquifer replenishment, and continued efficiency gains in water use.
Economic Bulletin

Journal Article
Pricing federal irrigation water: a California case study
Levy, Yvonne (1982-04)
Economic Review , Issue Spr , Pages 35-55

Journal Article
Bread and water
Gorham, Michael (1977)
FRBSF Economic Letter

Journal Article
Irrigation and water quality
Sherwood-Call, Carolyn (1987)
FRBSF Economic Letter

Journal Article
Droughts and California agriculture
Dean, Stephen O.; Schmidt, Ronald H. (1989)
FRBSF Economic Letter

Journal Article
Pricing federal irrigation water
Levy, Yvonne (1982)
FRBSF Economic Letter