Water Allocation and Water Markets: An Analysis of Gains-from-trade in Chile
- ISBN-10
- 0821335286
- ISBN-13
- 9780821335284
- Category
- Nature
- Pages
- 102
- Language
- English
- Published
- 1995-01-01
- Publisher
- World Bank Publications
- Authors
- K. William Easter, Robert R. Hearne
Description
World Bank Technical Paper No. 315. Focuses on water allocation problems and the performance of water markets in improving allocation. By examining specific case studies in Chile, it demonstrates that water can no longer be treated as a free good and that better ways must be found to improve its allocation and use. The findings suggest that market transfer of water use rights in the study area produce economic gains both in intersectoral trade and trade among farmers and create rents for buyers and sellers.
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