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RATIONAL AND BENEFICIAL USE: CHILE'S CRITERION FOR IRRIGATION WATER REALLOCATION

Loren L. Parks and David E. Hansen

No 283791, 1977 AAEA-WAEA Joint Meeting, July 31-August 3, San Diego, California from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The 1967 Water Code requires equalization of water rights per hectare in a "homogeneous farming area." Analysis of a typical region using representative farm LP models indicates that equalization would result in regressive income redistribution, whereas the optimum economic reallocation would result in progressive income, redistribution. Aggregate income gains in either case would not exceed 5%.

Keywords: Resource; /Energy; Economics; and; Policy (search for similar items in EconPapers)
Pages: 14
Date: 1977-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea77:283791

DOI: 10.22004/ag.econ.283791

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