Assessing irrigation water value using hedonic pricing method. The Reclamation and Irrigation board of Capitanata (Apulia region)

In this paper a heuristic evaluation of irrigation water is carried out using the hedonic pricing method of sales comparison approach – SCA. A comparison between irrigated and rain-fed farmland is performed. Due to the incomplete information on the land market, the analysis is based on survey conducted on a group of 118 farmers. The assessment of irrigation water value and the supply guarantee is carried out on the farmland area of the Reclamation and Irrigation board of Capitanata (Apulia region).