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The Market of Water Rights in Chile: Major Issues

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  • Mónica Ríos
  • Jorge Quiroz

Abstract

Many economists advocate the use of tradable water rights as the most efficient system for allocating scarce water resources among alternative economic uses. According to this view, a private market in tradable water rights would maximize the economic val

Suggested Citation

  • Mónica Ríos & Jorge Quiroz, 1995. "The Market of Water Rights in Chile: Major Issues," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 32(97), pages 317-346.
    • Handle: RePEc:ioe:cuadec:v:32:y:1995:i:97:p:317-346
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    File URL: http://www.economia.uc.cl/docs/097riosa.pdf
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    References listed on IDEAS

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    1. Mark W Rosegrant & Renato Gazmuri, 1995. "Reforming Water Allocation Policy Through Markets in Tradable Water Rights: Lessons from Chile, Mexico and California," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 32(97), pages 291-316.
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    Cited by:

    1. G. Donoso & O. Melo & C. Jordán, 2014. "Estimating Water Rights Demand and Supply: Are Non-market Factors Important?," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 28(12), pages 4201-4218, September.
    2. R. Quentin Grafton & Clay Landry & Gary D. Libecap & Sam McGlennon & Bob O’Brien, 2010. "An Integrated Assessment of Water Markets: Australia, Chile, China, South Africa and the USA," ICER Working Papers 32-2010, ICER - International Centre for Economic Research.
    3. Jara-Rojas, Roberto & Bravo-Ureta, Boris E. & Díaz, José, 2012. "Adoption of water conservation practices: A socioeconomic analysis of small-scale farmers in Central Chile," Agricultural Systems, Elsevier, vol. 110(C), pages 54-62.
    4. Delorit, Justin D. & Parker, Dominic P. & Block, Paul J., 2019. "An agro-economic approach to framing perennial farm-scale water resources demand management for water rights markets," Agricultural Water Management, Elsevier, vol. 218(C), pages 68-81.
    5. Arriet, Andrea & Matis, Timothy I. & Feijoo, Felipe, 2023. "Water taxation strategies for the natural gas sector in North America: Facing a rising water crisis," Energy, Elsevier, vol. 279(C).
    6. Manuel Prieto, 2016. "Bringing water markets down to Chile’s Atacama Desert," Water International, Taylor & Francis Journals, vol. 41(2), pages 191-212, March.
    7. Hadjigeorgalis, Ereney, 2002. "Water Rights Heterogeneity And Price Determination: How Market And Product Attributes Affect Agricultural Water Market Prices," 2002 Annual meeting, July 28-31, Long Beach, CA 19790, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    8. Bauer, Carl J., 1997. "Bringing water markets down to earth: The political economy of water rights in Chile, 1976-1995," World Development, Elsevier, vol. 25(5), pages 639-656, May.
    9. Paul Holden & Mateen Thobani, 1995. "Tradable Water Rights: A Property Rights Approach to Improving Water Use and Promoting Investment," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 32(97), pages 263-290.
    10. Pearce, David, 1997. "Replicating innovative national financing mechanisms for sustainable development," Sede de la CEPAL en Santiago (Estudios e Investigaciones) 34308, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    11. Shirley, Mary M. & L. Colin Xu & Zuluaga, Ana Maria, 2000. "Reforming the urban water system in Santiago, Chile," Policy Research Working Paper Series 2294, The World Bank.
    12. Alejandra Engler & Roberto Jara-Rojas & Carlos Bopp, 2016. "Efficient use of Water Resources in Vineyards: A Recursive joint Estimation for the Adoption of Irrigation Technology and Scheduling," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 30(14), pages 5369-5383, November.

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