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Potential for Tradable Water Allocation and Rights in Jordan

Author

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

Abstract

This paper estimates the costs of buying water use rights from farmers located in the Mafraq-Azraq basin in Jordan. The farmers’ water supply curve is estimated using data gathered from a contingent valuation survey and nonparametric procedures. 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 US$), or a total cost of about JD 6.8 million per year.

Suggested Citation

  • Carlos E. Carpio, & Octavio A. Ramirez, & Tullaya Boonsaeng, 2011. "Potential for Tradable Water Allocation and Rights in Jordan," Land Economics, University of Wisconsin Press, vol. 87(4), pages 595-609.
  • Handle: RePEc:uwp:landec:v:87:y:2011:iv:1:p:595-609
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    References listed on IDEAS

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    1. Brett Day, 2007. "Distribution-free estimation with interval-censored contingent valuation data: troubles with Turnbull?," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 37(4), pages 777-795, August.
    2. Charles W. Howe & Jeffrey K. Lazo & Kenneth R. Weber, 1990. "The Economic Impacts of Agriculture-to-Urban Water Transfers on the Area of Origin: A Case Study of the Arkansas River Valley in Colorado," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 72(5), pages 1200-1204.
    3. Taylor, R. Garth & Young, Robert A., 1995. "Rural-To-Urban Water Transfers: Measuring Direct Foregone Benefits Of Irrigation Water Under Uncertain Water Supplies," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 20(02), December.
    4. 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.

    More about this item

    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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