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Who Should Be Allowed to Sell Water in California? Third-Party Issues and the Water Market

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  • Ellen Hanak

Abstract

Although significant water trading has occurred in California since the drought of the early 1990s, many localities have restricted water transfers because of the perceived harm to other users and the local economy. In Who Should Be Allowed to Sell Water in California? Third-Party Issues and the Water Market, Ellen Hanak examines water transfers in California, local resistance to them, and various approaches to resolving water disputes. Drawing on a new database of water transfers as well as interviews with state, county, and water district officials, the report calls for water management at the local level that balances the interests of other residents and the potential gains from transfers.

Suggested Citation

  • Ellen Hanak, 2003. "Who Should Be Allowed to Sell Water in California? Third-Party Issues and the Water Market," PPIC Research Reports, Public Policy Institute of California, number wtrmkt, dez..
    • Handle: RePEc:ppi:ppirpt:wtrmkt
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    Cited by:

    1. R. Quentin Grafton & Clay Landry & Gary D. Libecap & Sam McGlennon & Bob O’Brien, 2010. "An Integrated Assessment of Water Markets: Australia, Chile, China, South Africa and the USA," ICER Working Papers 32-2010, ICER - International Centre for Economic Research.
    2. Gary D. Libecap, 2011. "Institutional Path Dependence in Climate Adaptation: Coman's "Some Unsettled Problems of Irrigation"," American Economic Review, American Economic Association, vol. 101(1), pages 64-80, February.
    3. Kristiana Hansen & Jonathan Kaplan & Stephan Kroll, 2014. "Valuing Options in Water Markets: A Laboratory Investigation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 57(1), pages 59-80, January.
    4. Ellen Hanak & Jay Lund, 2012. "Adapting California’s water management to climate change," Climatic Change, Springer, vol. 111(1), pages 17-44, March.
    5. Emerick, Kyle & Lueck, Dean, 2015. "Economic Organization and the Structure of Water Transactions," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 40(3), August.
    6. Karl Jandoc & Richard Howitt & James Roumasset & Christopher Wada, 2014. "Institutions for Managing Ground and Surface Water and the Theory of the Second-Best," Working Papers 201415, University of Hawaii at Manoa, Department of Economics.
    7. Chaudhry, Anita M. & Fairbanks, Dean H.K. & Caldwell, Alyssa, 2015. "Determinants of Water Sales During Droughts: Evidence from Rice Farm-Level Data in California," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205446, Agricultural and Applied Economics Association;Western Agricultural Economics Association.

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