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Potential for Tradable Water Allocation and Rights in Jordan

Carlos Carpio (), Octavio Ramirez and Tullaya Boonsaeng

Land Economics, 2011, vol. 87, issue 4

Abstract: This paper estimates the costs of buying water use rights from farmers located in the Mafraq-Azraq basin in Jordan. The farmers’ water supply curve is estimated using data gathered from a contingent valuation survey and nonparametric procedures. Estimation results indicate that a total supply of 29 million m3 could be periodically purchased from farmers at an annual price of approximately JD 0.23/m3 (1 JD ˜ 0.70 US$), or a total cost of about JD 6.8 million per year.

JEL-codes: C51 Q58 (search for similar items in EconPapers)
Date: 2011
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