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Potential for Tradable Water Allocation and Rights in Jordan

Potential for Tradable Water Allocation and Rights in Jordan Abstract: This paper estimates the costs of buying water use rights from farmers located in the Mafraq-Azraq basin in Jordan. The farmers' water supply curve is estimated using data gathered from a contingent valuation survey and nonparametric procedures. Estimation results indicate that a total supply of 29 million m 3 could be periodically purchased from farmers at an annual price of approximately JD 0.23/m 3 (1 JD ≈ 0.70 US$), or a total cost of about JD 6.8 million per year. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Land Economics University of Wisconsin Press

Potential for Tradable Water Allocation and Rights in Jordan

Land Economics , Volume 87 (4) – Apr 15, 2012

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Publisher
University of Wisconsin Press
Copyright
Copyright by the Board of Regents of the University of Wisconsin System.
ISSN
1543-8325
Publisher site
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Abstract

Abstract: This paper estimates the costs of buying water use rights from farmers located in the Mafraq-Azraq basin in Jordan. The farmers' water supply curve is estimated using data gathered from a contingent valuation survey and nonparametric procedures. Estimation results indicate that a total supply of 29 million m 3 could be periodically purchased from farmers at an annual price of approximately JD 0.23/m 3 (1 JD ≈ 0.70 US$), or a total cost of about JD 6.8 million per year.

Journal

Land EconomicsUniversity of Wisconsin Press

Published: Apr 15, 2012

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