Determinants of Water Market Prices in the Western United States
Kris Toll,
Craig D. Broadbent () and
Quinn Beeson ()
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Kris Toll: Utah State University, Logan, UT 84322, USA
Craig D. Broadbent: Brigham Young University-Idaho, 525 S Center St Rexburg, ID 83460, USA
Quinn Beeson: The Buckeye Institute, Columbus OH 43215, USA
Water Economics and Policy (WEP), 2019, vol. 05, issue 03, 1-21
Abstract:
As water markets continue to evolve throughout the western U.S., understanding what factors influence the price of water is informative to water users seeking to engage in transactions. Using 690 water lease transactions and 1,351 water rights transactions from the journal Water Strategist we analyze and provide insights into the effect of user type in the transaction process, hydrologic conditions, geographic location and lease length upon water prices. This analysis is conducted for both a rights transfer and leasing marketplace.
Keywords: Water market; permanent transfer; temporary transfer (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:wsi:wepxxx:v:05:y:2019:i:03:n:s2382624x19500024
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DOI: 10.1142/S2382624X19500024
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