Potential for Tradable Water Allocation and Rights in Jordan
Carlos Carpio (),
Octavio Ramirez and
Land Economics, 2011, vol. 87, issue 4
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)
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Working Paper: Potential for Tradable Water Allocation and Rights in Jordan (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:uwp:landec:v:87:y:2011:iv:1:p:595-609
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