
Markets for Water
Potential and Performance
Springer (Publisher)
Published on 8. March 2013
Book
Paperback/Softback
XV, 298 pages
978-1-4757-7130-5 (ISBN)
Description
Markets for Water: Potential and Performance
dispels many of the myths surrounding water markets and gives readers a comprehensive picture of the way that markets have developed in different parts of the world. It is possible, for example, for a water market to fail, and for the transaction costs in water markets to be excessive.
Too often water trading is banned because the water resources have been developed with public funds and the water agencies do not want to lose control over water. There is also a concern that poor farmers or households will be disadvantaged by water trading.
These concerns about public resources and the poor are not very different from those that have been voiced in the past about land sales. The problem is that in many cases the poor already have limited access to resources, but this limit is not due to water trading. In fact, water trading is likely to expand the access to water for many small-scale farmers.
Markets for Water: Potential and Performance provides an analytical framework for water market establishment. It develops the necessary conditions for water markets and illustrates how they can improve both water management and economic efficiency. Finally, the book gives readers an up-to-date picture of what we have learned about water markets in a wide range of countries, from the US to Chile and India.
Too often water trading is banned because the water resources have been developed with public funds and the water agencies do not want to lose control over water. There is also a concern that poor farmers or households will be disadvantaged by water trading.
These concerns about public resources and the poor are not very different from those that have been voiced in the past about land sales. The problem is that in many cases the poor already have limited access to resources, but this limit is not due to water trading. In fact, water trading is likely to expand the access to water for many small-scale farmers.
Markets for Water: Potential and Performance provides an analytical framework for water market establishment. It develops the necessary conditions for water markets and illustrates how they can improve both water management and economic efficiency. Finally, the book gives readers an up-to-date picture of what we have learned about water markets in a wide range of countries, from the US to Chile and India.
Reviews / Votes
` Overall, I feel this book contributes to our profession by demonstrating the widespread existence of water markets and the potential for markets to adapt to changes in demand for water supply and water reliability over time. [...] I highly recommend this book to anyone interested in the complex role for markets in resource allocation. 'American Journal of Agricultural Economics (February 2001)
More details
Series
Edition
Softcover reprint of the original 1st ed. 1998
Language
English
Place of publication
New York
United States
Target group
Professional and scholarly
Research
Illustrations
XV, 298 p.
Dimensions
Height: 235 mm
Width: 155 mm
Thickness: 18 mm
Weight
487 gr
ISBN-13
978-1-4757-7130-5 (9781475771305)
DOI
10.1007/b102479
Schweitzer Classification
Other editions
Additional editions

Book
09/1998
Kluwer Academic Publishers
€160.49
Shipment within 15-20 days
Content
Water Markets: Transaction Costs and Institutional Options.- Institutional Requisites for Efficient Water Markets.- Meeting Water Needs in Developing Countries: Resolving Issues in Establishing Tradable Water Rights.- The Application of Water Market Doctrines in Texas.- Water Markets in Colorado: Past Performance and Needed Changes.- Negotiated Transactions as Conflict Resolution Mechanisms: Water Bargaining in the U.S. West.- Expected Transaction Costs and Incentives for Water Market Development.- Spot Prices, Option Prices, and Water Markets: An Analysis of Emerging Markets in California.- Institutional and Organizational Arrangements for Water Markets in Chile.- Economic and Financial Returns from Chile's Water Markets.- Opportunities and Constraints to Improved Water Markets in Mexico.- Water Markets in India: Economic and Institutional Aspects.- Groundwater Markets in Pakistan: Institutional Development and Productivity Impacts.- Economic Analysis of Water Markets in the Spanish Agricultural Sector: Can They Provide Substantial Benefits?.- Welfare Gains From Potential Water Markets in Alberta, Canada.- Development of Water Markets Using Experimental Economics.- The Future of Water Markets: A Realistic Perspective.