A Coasian Approach to Efficient Water Allocation of a Transboundary River

dc.creatorWillis, David B.
dc.creatorBaker, Justin Scott
dc.date2017-04-01T14:22:16Z
dc.date.accessioned2026-07-09T04:40:09Z
dc.descriptionThe 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.identifierdoi:10.22004/ag.econ.46985
dc.identifierhttps://ageconsearch.umn.edu/record/46985/files/jaae-40-02-473.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/46985
dc.identifier.urihttp://hdl.handle.net/123456789/553249
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/46985
dc.titleA Coasian Approach to Efficient Water Allocation of a Transboundary River
dc.typeText

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