|
|
|
|
|
| Bourgeon, Jean-Marc; Easter, K. William; Smith, Rodney B.W.. |
| This paper examines the potential effects of water trading on the service sector of a rural economy. The economy earns income producing an irrigated agricultural product and a non-agricultural (service) good, and possibly by selling water. Among other things, we show when none of the water income leaves the region (no income flight), water trading enhances regional welfare. We then show if income flight is "large enough", water trading has the opposite effect. Albeit, even under income flight, if the income flight problem is not too serious, water trading will enhance regional welfare. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 2004 |
URL: http://purl.umn.edu/20231 |
| |
|
| |
|
|
| Bourgeon, Jean-Marc; Easter, K. William; Smith, Rodney B.W.. |
| We examine the potential effects of water trading on aggregate welfare and income distribution across the agricultural and service sector of a small rural economy. We show that per capita welfare (real income) of agents in the region increase with increased water trading. Not surprisingly, if enough agents leaves the region (income flight), nominal income can fall. If the share of household income spent on services is large (small) relative to the cost share of services in agricultural production, then the service price increases (decreases) with increased water trading. Typically when the service price falls (increases) farmers win (lose), service providers lose (win) and agricultural service providers almost always lose. Thus, a natural conflict emerges... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Resource /Energy Economics and Policy; Q25; Q28; R0. |
| Ano: 2006 |
URL: http://purl.umn.edu/25616 |
| |
|
|
|
