A Coasian Approach to Efficient Water Allocation of a Transboundary River
| dc.creator | Willis, David B. | |
| dc.creator | Baker, Justin Scott | |
| dc.date | 2017-04-01T14:22:16Z | |
| dc.date.accessioned | 2026-07-09T04:40:09Z | |
| dc.description | 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. | |
| dc.identifier | doi:10.22004/ag.econ.46985 | |
| dc.identifier | https://ageconsearch.umn.edu/record/46985/files/jaae-40-02-473.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/46985 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/553249 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/46985 | |
| dc.title | A Coasian Approach to Efficient Water Allocation of a Transboundary River | |
| dc.type | Text |
