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  • 标题:A Coasian Approach to Efficient Water Allocation of a Transboundary River
  • 本地全文:下载
  • 作者:Willis, David B. ; Baker, Justin Scott
  • 期刊名称:Journal of Agribusiness
  • 印刷版ISSN:0738-8950
  • 出版年度:2008
  • 页码:473-484
  • 出版社:Journal of Agribusiness
  • 摘要:The United States and Mexico recently resolved a decade-old water dispute that required Mexico to repay the accumulated water debt within one year. A Coasian analysis estimates the social welfare gains attainable to each country under an alternative debt repayment scheme that allows repayment over a longer time horizon and in a combination of dollars and water, instead of solely in water. Assuming average water supply conditions, under the agreed 1-year repayment contract, U.S. compensation value is 534% greater and Mexico’s compensation cost is 60% less relative to when compensation is paid exclusively in water.
  • 关键词:coase;water allocation;water compensation;water markets
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