Potential for Tradable Water Allocation and Rights in Jordan

Carlos Carpio, Octavio Ramirez and Tullaya Boonsaeng

No 56452, 2010 Annual Meeting, February 6-9, 2010, Orlando, Florida from Southern Agricultural Economics Association

Abstract: This paper estimates the costs of buying water use rights from farmers located in the Mafraq-Azraq basin in Jordan. Farmers’ water supply curve is estimated using data gathered from a contingent valuation survey. 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 U.S. dollars), or a total cost of about JD 6.8 million per year.

Keywords: Research Methods/ Statistical Methods; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Pages: 28
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saea10:56452

DOI: 10.22004/ag.econ.56452

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