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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w15797 |
来源ID | Working Paper 15797 |
Water Markets: Australia's Murray-Darling Basin and the US Southwest | |
R. Quentin Grafton; Clay Landry; Gary D. Libecap; Robert J. O'; Brien | |
发表日期 | 2010-03-04 |
出版年 | 2010 |
语种 | 英语 |
摘要 | Fresh water supplies increasingly are under stress in many parts of the world due to rising populations, higher per capita incomes and corresponding consumption, greater environmental concerns, and the effects of climate change. Water rights and markets are part of the institutional menus for responding to these problems. We examine water markets in both Australia's MDB and the western US and their prospects for addressing water scarcity. The two regions share a number of important similarities including: climate variability that requires investment in reservoirs to make water available in low-rainfall periods; the need for internal and cross-border (state) water management; an historical major allocation of water to irrigators; increasing competition among different uses (agricultural, environmental and recreational in situ uses, urban demand); and the potential for water trading to more smoothly and quickly allocate water across these competing uses. A comparison of the two regions provides important insights about how economic factors can encourage more efficient water allocation, market structure and government regulation. We show that rights are more clearly defined and trading more common in Australia than appears to be the case in the western U.S. Longer periods of scarcity and hence, higher water values may explain this difference. |
主题 | Other ; Law and Economics ; History ; Other History ; Environmental and Resource Economics ; Renewable Resources ; Environment |
URL | https://www.nber.org/papers/w15797 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/573472 |
推荐引用方式 GB/T 7714 | R. Quentin Grafton,Clay Landry,Gary D. Libecap,et al. Water Markets: Australia's Murray-Darling Basin and the US Southwest. 2010. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w15797.pdf(391KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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