| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
A Coasian Approach to Efficient Water Allocation of a Transboundary River
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| Autores: |
Willis, David B.
Baker, Justin Scott
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| Data: |
2009-01-22
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| Ano: |
2008
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| Palavras-chave: |
Coase
Water allocation
Water compensation
Water markets
Agribusiness
Consumer/Household Economics
Environmental Economics and Policy
Q1
Q2
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| Resumo: |
The United States and Mexico recently resolved a decade-old water dispute that required Mexico to repay the accumulated water debt within one year. A Coasian analysis estimates the social welfare gains attainable to each country under an alternative debt repayment scheme that allows repayment over a longer time horizon and in a combination of dollars and water, instead of solely in water. Assuming average water supply conditions, under the agreed 1-year repayment contract, U.S. compensation value is 534% greater and Mexico’s compensation cost is 60% less relative to when compensation is paid exclusively in water.
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| Tipo: |
Journal Article
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| Idioma: |
Inglês
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| Identificador: |
http://purl.umn.edu/46985
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| Relação: |
Journal of Agricultural and Applied Economics>Volume 40, Number 02, August 2008
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| Formato: |
12
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