IDEAS home Printed from https://ideas.repec.org/p/ags/umciwp/14405.html
   My bibliography  Save this paper

Do Missing Institutional Arrangements Block Enlargement Of Water Markets?

Author

Listed:
  • Easter, K. William
  • Smith, Rodney B.W.

Abstract

As we consider the potential for expanding water markets as a means to help prevent water shortages, it is clear that there is resistance to such an expansion. This resistance should not be surprising given that there are likely to be both gainers and losers from expanded water markets. This papers shows that there are a number of potential market failures when water markets are expanded and that these failures are important to different stakeholder groups. These failures result from both technical and pecuniary externalities. If markets are to expand beyond the local level, new institutional arrangements will be needed that help reduce the negative impacts of the different market failures. In the past a number of institutional arrangements have been used by different stakeholder groups to block trading. We review some of these arrangements as well as institutional arrangements that can work to promote market expansion by mitigating market failures or by compensating damaged parties.

Suggested Citation

  • Easter, K. William & Smith, Rodney B.W., 2002. "Do Missing Institutional Arrangements Block Enlargement Of Water Markets?," Working Papers 14405, University of Minnesota, Center for International Food and Agricultural Policy.
    • Handle: RePEc:ags:umciwp:14405
    DOI: 10.22004/ag.econ.14405
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/14405/files/wp02-02.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.14405?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Bakker, M., 2000. "Multiple uses of water in the Kirindi Oya Irrigation System, Sri Lanka," Conference Papers h023553, International Water Management Institute.
    2. Meinzen-Dick, Ruth Suseela & Bakker, Margaretha, 2000. "Water rights and multiple water uses: framework and application to Kirindi Oya irrigation system, Sri Lanka," EPTD discussion papers 59, International Food Policy Research Institute (IFPRI).
    3. Bromley, Daniel W & Taylor, Donald C & Parker, Donald E, 1980. "Water Reform and Economic Development: Institutional Aspects of Water Management in the Developing Countries," Economic Development and Cultural Change, University of Chicago Press, vol. 28(2), pages 365-387, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ariel Dinar & Jyothsna Mody, 2004. "Irrigation water management policies: Allocation and pricing principles and implementation experience," Natural Resources Forum, Blackwell Publishing, vol. 28(2), pages 112-122, May.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Meinzen-Dick, Ruth Suseela & Pradhan, Rajendra, 2002. "Legal pluralism and dynamic property rights," CAPRi working papers 22, International Food Policy Research Institute (IFPRI).
    2. Linacre, Nicholas & Falck-Zepeda, José & Komen, John & MacLaren, Donald, 2006. "Risk assessment and management of genetically modified organisms under Australia's Gene Technology Act:," EPTD discussion papers 157, International Food Policy Research Institute (IFPRI).
    3. Pardey, Philip G. & Alston, Julian M. & Chan-Kang, Connie & Magalhães, Eduardo C. & Vosti, Stephen A., 2002. "Assessing and attributing the benefits from varietal improvement research: evidence from Embrapa, Brazil," EPTD discussion papers 95, International Food Policy Research Institute (IFPRI).
    4. Hanan G. Jacoby & Ghazala Mansuri, 2018. "Governing the Commons? Water and Power in Pakistan’s Indus Basin," Working Papers id:12933, eSocialSciences.
    5. Wichelns, Dennis, 2000. "A cost recovery model for tertiary canal improvement projects, with an example from Egypt," Agricultural Water Management, Elsevier, vol. 43(1), pages 29-50, February.
    6. White, Thomas A., 1992. "Landholder Cooperation For Sustainable Upland Watershed Management: A Theoretical Review Of The Problems And Prospects," Working Papers 11887, Environmental and Natural Resources Policy Training Project.
    7. Falck Zepeda, José & Barreto-Triana, Nancy & Baquero-Haeberlin, Irma & Espitia-Malagón, Eduardo & Fierro-Guzmán, Humberto & López, Nancy, 2006. "An exploration of the potential benefits of integrated pest management systems and the use of insect resistant potatoes to control the Guatemalan Tuber Moth (Tecia solanivora Povolny) in Ventaquemada,," EPTD discussion papers 152, International Food Policy Research Institute (IFPRI).
    8. Blair T. Bower & Maynard M. Hufschmidt, 1984. "A Conceptual Framework for Analysis of Water Resources Management in Asia," Natural Resources Forum, Blackwell Publishing, vol. 8(4), pages 343-356, October.
    9. Wichelns, Dennis, 1999. "An economic model of waterlogging and salinization in arid regions," Ecological Economics, Elsevier, vol. 30(3), pages 475-491, September.
    10. Jacoby, Hanan G. & Mansuri, Ghazala, 2020. "Enforcement for sale: Lobbying for water in Pakistan's Indus Basin," Journal of Public Economics, Elsevier, vol. 190(C).
    11. Jacoby, Hanan G. & Mansuri, Ghazala & Fatima, Freeha, 2021. "Decentralizing corruption: Irrigation reform in Pakistan," Journal of Public Economics, Elsevier, vol. 202(C).
    12. Hakim, M. A. & Parker, D. E. & Ghani, M. A., 1993. "Socioeconomic and institutional issues in irrigation management for rice-based farming systems in Bangladesh," IWMI Books, Reports H013408, International Water Management Institute.
    13. Easter, K. William & Welsch, Delane E., 1983. "Socioeconomic Issues In Irrigation Development And Distribution," Economic Reports 13026, University of Minnesota, Department of Applied Economics.
    14. Bromley, Daniel W. & Verma, B.N., 1982. "Natural Resource Problems in Agricultural Development," 1982 Conference, August 24-September 2, 1982, Jakarta, Indonesia 182452, International Association of Agricultural Economists.
    15. Di Falco, Salvatore & Chavas, Jean-Paul & Smale, Melinda, 2006. "Farmer management of production risk on degraded lands: the role of wheat genetic diversity in Tigray Region, Ethiopia," EPTD discussion papers 153, International Food Policy Research Institute (IFPRI).
    16. Smale, Melinda & Zambrano, Patricia & Falck-Zepeda, José & Gruère, Guillaume, 2006. "Parables: applied economics literature about the impact of genetically engineered crop varieties in developing economies," EPTD discussion papers 158, International Food Policy Research Institute (IFPRI).
    17. Gebremedhin, B. & Peden, D., 2003. "Policies and institutions to enhance the impact of irrigation development in mixed crop-livestock systemsLength: pp.168-184," Conference Papers h032460, International Water Management Institute.
    18. Sabyasachi Das, 2023. "Inequality in Hierarchies," Working Papers 95, Ashoka University, Department of Economics.
    19. Gruère, Guillaume P., 2006. "An analysis of trade related international regulations of genetically modified food and their effects on developing countries:," EPTD discussion papers 147, International Food Policy Research Institute (IFPRI).
    20. Ray, Isha & Williams, Jeffrey, 2002. "Locational asymmetry and the potential for cooperation on a canal," Journal of Development Economics, Elsevier, vol. 67(1), pages 129-155, February.

    More about this item

    Keywords

    Resource /Energy Economics and Policy;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:umciwp:14405. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/ciumnus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.