| Título: | A Coasian Approach to Efficient Water Allocation of a Transboundary River |
| Autores: |
Willis, David B. Baker, Justin Scott |
| Fecha: |
2009-01-22 2009-01-22 2008-08 |
| Publicador: | AgEcon |
| Fuente: |
 |
| Tipo: | Journal Article |
| Tema: |
coase water allocation water compensation water markets Agribusiness Consumer/Household Economics Environmental Economics and Policy Q1 Q2 |
| Descripción: | The United States and Mexico recently resolved a decade-old water dispute that required Mexico to repay the accumulated water debt within one year. A Coasian analysis estimates the social welfare gains attainable to each country under an alternative debt repayment scheme that allows repayment over a longer time horizon and in a combination of dollars and water, instead of solely in water. Assuming average water supply conditions, under the agreed 1-year repayment contract, U.S. compensation value is 534% greater and Mexico’s compensation cost is 60% less relative to when compensation is paid exclusively in water. |
| Idioma: | en |
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