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  • 标题:Water markets an alternative for central water allocation?
  • 本地全文:下载
  • 作者:Louw, D.B. ; van Schalkwyk, Herman D.
  • 期刊名称:Journal of Agribusiness
  • 印刷版ISSN:0738-8950
  • 出版年度:2000
  • 页码:484-494
  • 出版社:Journal of Agribusiness
  • 摘要:South Africa is entering a whole new era in water management. In the face of efforts to curtail runaway government spending and protect the environment, water institutions must foster the conservation and efficient allocation of existing supplies. They must also take water's growing recreational and environmental value into account. The crucial question is, can the current water institutions meet today's requirements? Despite the resulting inefficiency and waste, traditional resource economists continue to identify taxes, regulations, subsidies, and governmental allocation as solutions to today's water problems. Internationally, there is enough evidence to prove that central allocation with almost any resource gave rise to gross inefficiency. The main reason is the distortions on the value placed on resources within such a centralised planning environment. Resources are either valued to high or to low. What is the value of freshwater and how can water be allocated in such a way as to reflect the scarcity value of water? A non-linear spatial equilibrium model was developed to simulate the impact of a potential water market in the Upper-Berg River: Western Cape. This paper explores water markets as an alternative to central water allocation decisions
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