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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. Quentin Grafton & Clay Landry & Gary Libecap & Sam McGlennon & Bob O'Brien, 2010. "An Integrated Assessment of Water Markets: Australia, Chile, China, South Africa and the USA," Centre for Water Economics, Environment and Policy Papers 1009, Centre for Water Economics, Environment and Policy, Crawford School of Public Policy, The Australian National University.
    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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