Southwestern Water Markets as Indicators of Value

B. Colby Saliba, William E. Martin and David Bush

No 396411, USDA Miscellaneous from United States Department of Agriculture

Abstract: This research has six major objectives as outlined in the Technical Proposal submitted to the Forest Service in June of 1984. They are as follows: 1. Describe and compare the legal institutions relevant to exchange of water in Colorado, Utah, New Mexico, Arizona, Nevada, and southern California. 2. Identify and describe water rental and rights markets in the study area. 3. Analyze and compare the identified markets in terms of historical development, supply and demand, structure, and the competitiveness of the price determination process. 4. Compile data, where available, on water prices over time in the identified markets. 5. Evaluate the appropriateness of using these market prices as measures of the economic value of incremental water flows. 6. Summarize the implications of the study for valuation of altered water flows from public lands. Appendices: A: Water Rights in Southern Arizona. B. Water Rights in Northeastern and Southeastern Colorado. C: Water Rights in the Truckee and Carson River Basins of Nevada. D: Water Rights in the Gila-San Francisco Basin of New Mexico. E: Water Rights in the Delta and Lynndyl Areas of Utah. F: Summary of Market Price Data (Arizona – Colorado – Nevada – New Mexico – Utah).

Keywords: Crop Production/Industries; Demand and Price Analysis; Land Economics/Use; Marketing; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Pages: 213
Date: 1985-12
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Persistent link: https://EconPapers.repec.org/RePEc:ags:usdami:396411

DOI: 10.22004/ag.econ.396411

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