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Southwestern Water Markets as Indicators of Value

Author

Listed:
  • Saliba, B. Colby
  • Martin, William E.
  • Bush, David

Abstract

This research has six major objectives as outlined in the Technical Proposal submitted to the Forest Service in June of 1984. They are as follows: 1. Describe and compare the legal institutions relevant to exchange of water in Colorado, Utah, New Mexico, Arizona, Nevada, and southern California. 2. Identify and describe water rental and rights markets in the study area. 3. Analyze and compare the identified markets in terms of historical development, supply and demand, structure, and the competitiveness of the price determination process. 4. Compile data, where available, on water prices over time in the identified markets. 5. Evaluate the appropriateness of using these market prices as measures of the economic value of incremental water flows. 6. Summarize the implications of the study for valuation of altered water flows from public lands. Appendices: A: Water Rights in Southern Arizona. B. Water Rights in Northeastern and Southeastern Colorado. C: Water Rights in the Truckee and Carson River Basins of Nevada. D: Water Rights in the Gila-San Francisco Basin of New Mexico. E: Water Rights in the Delta and Lynndyl Areas of Utah. F: Summary of Market Price Data (Arizona – Colorado – Nevada – New Mexico – Utah).

Suggested Citation

  • Saliba, B. Colby & Martin, William E. & Bush, David, 1985. "Southwestern Water Markets as Indicators of Value," USDA Miscellaneous 396411, United States Department of Agriculture.
    • Handle: RePEc:ags:usdami:396411
    DOI: 10.22004/ag.econ.396411
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    References listed on IDEAS

    as
    1. Johnson, Ronald N & Gisser, Micha, 1981. "The Definition of a Surface Water Right and Transferability," Journal of Law and Economics, University of Chicago Press, vol. 24(2), pages 273-288, October.
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