Welfare Gains From Potential Water Markets in Alberta, Canada

Horbulyk, Theodore M.; Lo, Lynda J.

doi:10.1007/978-0-585-32088-5_15

Cited by 33 publications

(18 citation statements)

References 8 publications

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“…For the concrete case of spot markets, we can cite those of Houston and Whittlesey (1986) in the state of Idaho (USA), Dinar and Letey (1991) and Weinberg et al (1993), both in the Californian valley of San Joaquin and Horbulyk and Lo (1998) in the Canadian province of Alberta. In general, these authors conclude that the implementation of water markets increase the allocation efficiency of this resource.…”

Section: Methodsmentioning

confidence: 99%

Multi-criteria modelling of irrigation water market at basin level: A Spanish case study

Gómez‐Limón

Martínez

2006

European Journal of Operational Research

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Section: Methodsmentioning

confidence: 99%

Multi-criteria modelling of irrigation water market at basin level: A Spanish case study

Gómez‐Limón

Martínez

2006

European Journal of Operational Research

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“…In the last decade, Alberta (Canada) has also established water markets [4], however, water market activity there remains limited [5,6]. In Europe, water markets exist exclusively in Spain.…”

Section: Introduction and Objectivementioning

confidence: 99%

Analysis of Stakeholders’ Attitudes towards Water Markets in Southern Spain

Giannoccaro

Pedraza

Berbel

2013

Water

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This research examines stakeholders' perceptions of and preferences for water markets in agriculture, focusing on the likely barriers that might refrain them from participating in such markets. The research was carried out on the Guadalquivir River Basin and involved semi-quantitative methods, combining a structured survey and focus group discussions. A very simple questionnaire was administered to each irrigation stakeholder (i.e., managers, water right holders and non-holders). The main result is that stakeholders will only keep selling water seasonally as the rights remain linked to the land. Nonetheless, some relevant differences among stakeholders were found. Managers seem to be more interested in selling water than farmers. Another important discrepancy was found between water rights holders and non-holders. Access to a water rights system, types of existing infrastructure, and legal and administrative aspects are also important factors influencing the acceptability of water trading in the study area. These results might be helpful to policymakers who are currently evaluating the potential for water markets in Europe and have little observable market data to work with.

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“…Water markets are expected to provide gains in economic efficiency as water is becoming increasingly scarce and is reallocated from lower-tohigher-value uses. A large part of the literature concentrates on the potential for water markets [Easter et al, 1998;Horbulyk and Lo, 1998], rather than on actual experience. Thus much of the discussion is focused on how to remove impediments to water markets and to the reduction of transaction costs in making them happen [Leigh Livingstone, 1998].…”

Section: Review Of Literaturementioning

confidence: 99%

Embedded Water Derivatives

Mahajan¹,

Porwal²

2018

IJMS

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There are different approaches to deal with the impending scarcity of water: conservation, recycling, or making water a tradable commodity and letting market forces decide. Water trading is already becoming more common than we realize. Water has become a commodity. This is a slow process, but it is imminent and quite soon we will be observing more and more derivatives built on this commodity and traded through public exchanges and brokers. Since transporting water is impractical for both political and physical reasons, food is the way to invest in water -the water embedded in food. The aim of this research project is thus; to develop a new derivative product that derive its value from the quantum of water embedded in commodities.

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Welfare Gains From Potential Water Markets in Alberta, Canada

Cited by 33 publications

References 8 publications

Multi-criteria modelling of irrigation water market at basin level: A Spanish case study

Multi-criteria modelling of irrigation water market at basin level: A Spanish case study

Analysis of Stakeholders’ Attitudes towards Water Markets in Southern Spain

Embedded Water Derivatives

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