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Markets for Water

Potential and Performance

  • Book
  • © 1998

Overview

Editors:
  1. K. William Easter

    1. University of Minnesota, USA

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    You can also search for this editor in PubMed   Google Scholar

  2. Mark W. Rosegrant

    1. International Food Policy Research Institute, USA

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    You can also search for this editor in PubMed   Google Scholar

  3. Ariel Dinar

    1. The World Bank, USA

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    You can also search for this editor in PubMed   Google Scholar

Part of the book series: Natural Resource Management and Policy (NRMP, volume 15)

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Table of contents (17 chapters)

  1. Front Matter

    Pages i-xv
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  2. Water Markets: Transaction Costs and Institutional Options

    • K. William Easter, Ariel Dinar, Mark W. Rosegrant
    Pages 1-18

  3. Institutional Requisites for Efficient Water Markets

    • Marie Leigh Livingston
    Pages 19-33

  4. Meeting Water Needs in Developing Countries: Resolving Issues in Establishing Tradable Water Rights

    • Mateen Thobani
    Pages 35-50

  5. The Application of Water Market Doctrines in Texas

    • Ronald C. Griffin
    Pages 51-63

  6. Water Markets in Colorado: Past Performance and Needed Changes

    • Charles W. Howe
    Pages 65-76

  7. Negotiated Transactions as Conflict Resolution Mechanisms: Water Bargaining in the U.S. West

    • Bonnie G. Colby
    Pages 77-94

  8. Expected Transaction Costs and Incentives for Water Market Development

    • Sandra O. Archibald, Mary E. Renwick
    Pages 95-117

  9. Spot Prices, Option Prices, and Water Markets: An Analysis of Emerging Markets in California

    • Richard E. Howitt
    Pages 119-140

  10. Institutional and Organizational Arrangements for Water Markets in Chile

    • Robert R. Hearne
    Pages 141-157

  11. Economic and Financial Returns from Chile’s Water Markets

    • Robert R. Hearne, K. William Easter
    Pages 159-171

  12. Opportunities and Constraints to Improved Water Markets in Mexico

    • Robert R. Hearne
    Pages 173-186

  13. Water Markets in India: Economic and Institutional Aspects

    • R. Maria Saleth
    Pages 187-205

  14. Groundwater Markets in Pakistan: Institutional Development and Productivity Impacts

    • Ruth S. Meinzen-Dick
    Pages 207-222

  15. Economic Analysis of Water Markets in the Spanish Agricultural Sector: Can They Provide Substantial Benefits?

    • Alberto Garrido
    Pages 223-239

  16. Welfare Gains From Potential Water Markets in Alberta, Canada

    • Theodore M. Horbulyk, Lynda J. Lo
    Pages 241-257

  17. Development of Water Markets Using Experimental Economics

    • Ariel Dinar, Richard E. Howitt, S. J. Rassenti, Vernon L. Smith
    Pages 259-275

  18. The Future of Water Markets: A Realistic Perspective

    • K. William Easter, Mark W. Rosegrant, Ariel Dinar
    Pages 277-283

  19. Back Matter

    Pages 284-298
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Keywords

About this book

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.

Reviews

`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)

Editors and Affiliations

  • University of Minnesota, USA

    K. William Easter

  • International Food Policy Research Institute, USA

    Mark W. Rosegrant

  • The World Bank, USA

    Ariel Dinar

Bibliographic Information

  • Book Title: Markets for Water

  • Book Subtitle: Potential and Performance

  • Editors: K. William Easter, Mark W. Rosegrant, Ariel Dinar

  • Series Title: Natural Resource Management and Policy

  • DOI: https://doi.org/10.1007/b102479

  • Publisher: Springer New York, NY

  • eBook Packages: Springer Book Archive

  • Copyright Information: Springer Science+Business Media New York 1998

  • Hardcover ISBN: 978-0-7923-8256-0Published: 30 September 1998

  • Softcover ISBN: 978-1-4757-7130-5Published: 08 March 2013

  • eBook ISBN: 978-0-585-32088-5Published: 20 August 2007

  • Series ISSN: 0929-127X

  • Series E-ISSN: 2511-8560

  • Edition Number: 1

  • Number of Pages: XV, 298

  • Topics: Economics, general, Environmental Management, Environmental Economics

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