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Potential for Tradable Water Allocation and Rights in Jordan

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  • Carpio, Carlos E.
  • Ramirez, Octavio A.
  • Boonsaeng, Tullaya

Abstract

This paper estimates the costs of buying water use rights from farmers located in the Mafraq-Azraq basin in Jordan. Farmers’ water supply curve is estimated using data gathered from a contingent valuation survey. Estimation results indicate that a total supply of 29 million m3 could be periodically purchased from farmers at an annual price of approximately JD 0.23/m3 (1 JD ≈ 0.70 U.S. dollars), or a total cost of about JD 6.8 million per year.

Suggested Citation

  • Carpio, Carlos E. & Ramirez, Octavio A. & Boonsaeng, Tullaya, 2010. "Potential for Tradable Water Allocation and Rights in Jordan," 2010 Annual Meeting, February 6-9, 2010, Orlando, Florida 56452, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saea10:56452
    DOI: 10.22004/ag.econ.56452
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    1. Haab, Timothy C. & McConnell, Kenneth E., 1997. "Referendum Models and Negative Willingness to Pay: Alternative Solutions," Journal of Environmental Economics and Management, Elsevier, vol. 32(2), pages 251-270, February.
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    8. Zhou, Yuan & Zhang, Yili & Abbaspour, Karim C. & Mosler, Hans-Joachim & Yang, Hong, 2009. "Economic impacts on farm households due to water reallocation in China's Chaobai watershed," Agricultural Water Management, Elsevier, vol. 96(5), pages 883-891, May.
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    Cited by:

    1. Taleb Abu-Sharar & Emad Al-Karablieh & Munther Haddadin, 2012. "Role of Virtual Water in Optimizing Water Resources Management in Jordan," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 26(14), pages 3977-3993, November.
    2. Tobarra-González, Miguel Ángel, 2018. "The Value of Water in the Manufacture Industry and its Implications for Water Demand Policies. The Case of Chile /Valor del agua en la industria manufacturera de Chile y sus implicaciones para las pol," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 36, pages 945-960, Septiembr.

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    More about this item

    Keywords

    Research Methods/ Statistical Methods; Resource /Energy Economics and Policy;

    JEL classification:

    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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