The Origins and Ideals of Water Resource Economics in the United States

Ronald C. Griffin ()
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Ronald C. Griffin: Department of Agricultural Economics, Texas A&M University, College Station, Texas 77843

Annual Review of Resource Economics, 2012, vol. 4, issue 1, 353-377

Abstract: An abbreviated history of water resource economics is reported within the context of coevolving water issues and the emerging institutions of the United States' past two centuries. Notable principles of water economics and their US origins are discussed. Some of the long-standing wisdom of the field is recalled. Landmarks for the founding doctrines of water marketing and efficient water pricing are identified.

Keywords: cost benefit analysis; water marketing; water pricing; economic history (search for similar items in EconPapers)
Date: 2012
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