Abstract
In the previous chapter, where we discussed the development of water power, the economic problem was roughly as follows. Electricity cannot be transported over distances of more than, say, 1,000 miles. Hence, electricity must be produced in or near by the regions where it is needed. A forecast of population increase and industrial activity indicates how much more power is needed at certain dates in the future. The problem is to provide that extra power at the lowest cost; but somehow it must be provided. The economic problem of irrigation development is different. Food can be transported over any distance, and therefore it is only attractive to develop an irrigation project if the cost of providing extra food through irrigation is competitive with importing that food from somewhere else. Hence, in irrigation development we must compare benefits to costs, whereas in power development we are only concerned with minimizing costs.
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Bibliography
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Kuiper, E. (1965). Irrigation. In: Water Resources Development. Springer, Boston, MA. https://doi.org/10.1007/978-1-4899-6281-2_8
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