IDEAS home Printed from https://ideas.repec.org/a/spr/waterr/v28y2014i1p279-285.html
   My bibliography  Save this article

A Note on Distortional Distributional Effects in River Basin Discharge Permit Trade

Author

Listed:
  • Nadine Wittmann

Abstract

This note exhibits how the implementation of the Total Loads Standard for issuing tradable water rights along a river basin can cause a significant location-induced economic disadvantage to some of the agents located along a given river site. Analysis shows, however, that this issue can be resolved by a modification of the original Total Load Standard regarding the handling of so called critical zones in which the desired water quality level is otherwise not upheld. Copyright Springer Science+Business Media Dordrecht 2014

Suggested Citation

  • Nadine Wittmann, 2014. "A Note on Distortional Distributional Effects in River Basin Discharge Permit Trade," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 28(1), pages 279-285, January.
    • Handle: RePEc:spr:waterr:v:28:y:2014:i:1:p:279-285
    DOI: 10.1007/s11269-013-0473-2
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s11269-013-0473-2
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/s11269-013-0473-2?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
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Ansink, Erik & Gengenbach, Michael & Weikard, Hans-Peter, 2012. "River Sharing and Water Trade," Climate Change and Sustainable Development 122860, Fondazione Eni Enrico Mattei (FEEM).
    2. Coram, Alex, 2006. "The optimal allocation of water along a system of rivers: a continuous model with sequential bidding," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 50(3), pages 1-14, September.
    3. Rodney Beard, 2011. "The river sharing problem : A review of the technical literature for policy economists," Post-Print hal-00827354, HAL.
    4. Montgomery, W. David, 1972. "Markets in licenses and efficient pollution control programs," Journal of Economic Theory, Elsevier, vol. 5(3), pages 395-418, December.
    5. Marianne Keudel, 2006. "Water Quality Trading: Theoretical and Practical Approaches," IWP Discussion Paper Series 01/2006, Institute for Economic Policy, Cologne, Germany.
    6. Erik Ansink & Hans-Peter Weikard, 2012. "Sequential sharing rules for river sharing problems," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 38(2), pages 187-210, February.
    7. Ana Iglesias & Luis Garrote & Francisco Flores & Marta Moneo, 2007. "Challenges to Manage the Risk of Water Scarcity and Climate Change in the Mediterranean," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 21(5), pages 775-788, May.
    8. Hung, Ming-Feng & Shaw, Daigee, 2005. "A trading-ratio system for trading water pollution discharge permits," Journal of Environmental Economics and Management, Elsevier, vol. 49(1), pages 83-102, January.
    9. Alex Coram, 2006. "The optimal allocation of water along a system of rivers: a continuous model with sequential bidding ," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 50(3), pages 313-326, September.
    10. Weber, Marian L., 2001. "Markets for Water Rights under Environmental Constraints," Journal of Environmental Economics and Management, Elsevier, vol. 42(1), pages 53-64, July.
    11. Bernd Klauer & Michael Rode & Johannes Schiller & Uwe Franko & Melanie Mewes, 2012. "Decision Support for the Selection of Measures according to the Requirements of the EU Water Framework Directive," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 26(3), pages 775-798, February.
    12. John Weymark, 2005. "Fair Division and Collective Welfare by Hervé J. Moulin," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 3(2), pages 183-186, August.
    13. Gary D. Libecap & R. Quentin Grafton & Clay Landry & J.R. O’Brien, 2009. "Markets - Water Markets: Australia’s Murray-Darling Basin and the US Southwest," ICER Working Papers 15-2009, ICER - International Centre for Economic Research.
    Full references (including those not matched with items on IDEAS)

    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. Nadine Wittmann, 2014. "A Microeconomic Perspective on Water Resources Management: Analyzing the Effects on Optimal Land Rents Along a River Basin," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 28(5), pages 1309-1325, March.
    2. Alex Coram & Lyle Noakes, 2009. "The optimal extraction of water along an arbitrarily configured river system," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 53(2), pages 251-264, April.
    3. Rodney Beard, 2011. "The river sharing problem : A review of the technical literature for policy economists," Post-Print hal-00827354, HAL.
    4. Erik Ansink & Hans-Peter Weikard, 2012. "Sequential sharing rules for river sharing problems," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 38(2), pages 187-210, February.
    5. Yates, Andrew J. & Doyle, Martin W. & Rigby, J.R. & Schnier, Kurt E., 2013. "Market power, private information, and the optimal scale of pollution permit markets with application to North Carolina's Neuse River," Resource and Energy Economics, Elsevier, vol. 35(3), pages 256-276.
    6. Coram, Alex & Noakes, Lyle, 2009. "The optimal extraction of water along an arbitrarily configured river system," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 53(2), pages 1-14.
    7. Catherine L. Kling, 2011. "Economic Incentives to Improve Water Quality in Agricultural Landscapes: Some New Variations on Old Ideas," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 93(2), pages 297-309.
    8. Feng, Hongli & Jha, Manoj K. & Gassman, Philip W., 2006. "Allocating Nutrient Load Reduction across a Watershed: Implications of Different Principles," 2006 Annual meeting, July 23-26, Long Beach, CA 21131, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    9. Baomin Dong & Debing Ni & Yuntong Wang, 2012. "Sharing a Polluted River Network," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 53(3), pages 367-387, November.
    10. Aaron M. Cook & James S. Shortle, 2022. "Pollutant Trading with Transport Time Lags," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 82(2), pages 355-382, June.
    11. Hung, Ming-Feng & Shaw, Daigee, 2005. "A trading-ratio system for trading water pollution discharge permits," Journal of Environmental Economics and Management, Elsevier, vol. 49(1), pages 83-102, January.
    12. James Shortle & Richard D. Horan, 2013. "Policy Instruments for Water Quality Protection," Annual Review of Resource Economics, Annual Reviews, vol. 5(1), pages 111-138, June.
    13. S. Rousseau, 2005. "Effluent Trading to Improve Water Quality. What do we Know Today?," Review of Business and Economic Literature, KU Leuven, Faculty of Economics and Business (FEB), Review of Business and Economic Literature, vol. 0(2), pages 229-260.
    14. Wang, Zhiyu, 2018. "Permit trading with flow pollution and stock pollution," Journal of Environmental Economics and Management, Elsevier, vol. 91(C), pages 118-132.
    15. Haiyan Liu & Roy Brouwer, 2023. "What is the future of water quality trading?," Contemporary Economic Policy, Western Economic Association International, vol. 41(1), pages 194-217, January.
    16. James Shortle & Richard D. Horan, 2017. "Nutrient Pollution: A Wicked Challenge for Economic Instruments," Water Economics and Policy (WEP), World Scientific Publishing Co. Pte. Ltd., vol. 3(02), pages 1-39, April.
    17. Marianne Keudel, 2006. "Water Quality Trading: Theoretical and Practical Approaches," IWP Discussion Paper Series 01/2006, Institute for Economic Policy, Cologne, Germany.
    18. Erik Ansink & Hans-Peter Weikard, 2015. "Composition properties in the river claims problem," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 44(4), pages 807-831, April.
    19. Valcu, Adriana Mihaela, 2013. "Agricultural nonpoint source pollution and water quality trading: empirical analysis under imperfect cost information and measurement error," ISU General Staff Papers 201301010800004451, Iowa State University, Department of Economics.
    20. Werner Antweiler, 2017. "Emission trading for air pollution hot spots: getting the permit market right," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 19(1), pages 35-58, January.

    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:spr:waterr:v:28:y:2014:i:1:p:279-285. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.