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Relationship Between The California Drought And Almond Demand, Wayne E. Lacy
Relationship Between The California Drought And Almond Demand, Wayne E. Lacy
Walden Dissertations and Doctoral Studies
Areas of California's Central Valley are sinking at rates up to 1 foot per year due to subsidence caused, in part, by the state's years-long drought, challenging growers to locate additional water sources for their crops. Supply and demand theory guided this correlational study. The purpose of the study was to examine the financial impact of drought on almond demand. This study included annualized historical almond industry data for the United States (N = 97), downloaded from a United States Department of Agriculture database. The results of multiple linear regression analysis indicated that the model was capable of predicting almond …