Pricing Irrigation Water: Principles and Cases from Developing Countries
As globalization links economies, the value of a country's irrigation water becomes increasingly sensitive to competitive forces in world markets. Water policy at the national and regional levels will need to accommodate these forces or water is likely to become undervalued. The inefficient use of this resource will lessen a country's comparative advantage in world markets and slow its transition to higher incomes, particularly in rural households. While professionals widely agree on what constitutes sound water resource management, they have not yet reached a consensus on the best ways of implementing policies. Policymakers have considered pricing water - a debated intervention - in many variations. Setting the price 'right,' some say, may guide different types of users in efficient water use by sending a signal about the value of this resource. Aside from efficiency, itself an important policy objective, equity, accessibility, and implementation costs associated with the right pricing must be considered. Focusing on the examples of China, Mexico, Morocco, South Africa, and Turkey, Pricing Irrigation Water provides a clear methodology for studying farm-level demand for irrigation water. This book is the first to link the macroeconomics of policies affecting trade to the microeconomics of water demand for irrigation and, in the case of Morocco, to link these forces to the creation of a water user-rights market. This type of market reform, the contributors argue, will result in growing economic benefits to both rural and urban households.
"1128486611"
Pricing Irrigation Water: Principles and Cases from Developing Countries
As globalization links economies, the value of a country's irrigation water becomes increasingly sensitive to competitive forces in world markets. Water policy at the national and regional levels will need to accommodate these forces or water is likely to become undervalued. The inefficient use of this resource will lessen a country's comparative advantage in world markets and slow its transition to higher incomes, particularly in rural households. While professionals widely agree on what constitutes sound water resource management, they have not yet reached a consensus on the best ways of implementing policies. Policymakers have considered pricing water - a debated intervention - in many variations. Setting the price 'right,' some say, may guide different types of users in efficient water use by sending a signal about the value of this resource. Aside from efficiency, itself an important policy objective, equity, accessibility, and implementation costs associated with the right pricing must be considered. Focusing on the examples of China, Mexico, Morocco, South Africa, and Turkey, Pricing Irrigation Water provides a clear methodology for studying farm-level demand for irrigation water. This book is the first to link the macroeconomics of policies affecting trade to the microeconomics of water demand for irrigation and, in the case of Morocco, to link these forces to the creation of a water user-rights market. This type of market reform, the contributors argue, will result in growing economic benefits to both rural and urban households.
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Pricing Irrigation Water: Principles and Cases from Developing Countries

Pricing Irrigation Water: Principles and Cases from Developing Countries

by Yacov Tsur
Pricing Irrigation Water: Principles and Cases from Developing Countries

Pricing Irrigation Water: Principles and Cases from Developing Countries

by Yacov Tsur

eBook

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Overview

As globalization links economies, the value of a country's irrigation water becomes increasingly sensitive to competitive forces in world markets. Water policy at the national and regional levels will need to accommodate these forces or water is likely to become undervalued. The inefficient use of this resource will lessen a country's comparative advantage in world markets and slow its transition to higher incomes, particularly in rural households. While professionals widely agree on what constitutes sound water resource management, they have not yet reached a consensus on the best ways of implementing policies. Policymakers have considered pricing water - a debated intervention - in many variations. Setting the price 'right,' some say, may guide different types of users in efficient water use by sending a signal about the value of this resource. Aside from efficiency, itself an important policy objective, equity, accessibility, and implementation costs associated with the right pricing must be considered. Focusing on the examples of China, Mexico, Morocco, South Africa, and Turkey, Pricing Irrigation Water provides a clear methodology for studying farm-level demand for irrigation water. This book is the first to link the macroeconomics of policies affecting trade to the microeconomics of water demand for irrigation and, in the case of Morocco, to link these forces to the creation of a water user-rights market. This type of market reform, the contributors argue, will result in growing economic benefits to both rural and urban households.

Product Details

ISBN-13: 9781136523748
Publisher: Taylor & Francis
Publication date: 09/30/2010
Sold by: Barnes & Noble
Format: eBook
Pages: 336
File size: 5 MB

About the Author

Yacov Tsur is a professor in the Department of Agricultural Economics and Management at the Hebrew University of Jerusalem and a professor of applied economics at the University of Minnesota, Twin Cities.

Terry Roe is a professor of applied economics at the University of Minnesota, Twin Cities.

Rachid Doukkali is a professor of applied economics and the department head of the Department of Social Sciences, Agronomy, and Veterinary Sciences at the Institute Hassan II, Rabat, Morocco.

Ariel Dinar is a lead economist in the agriculture and rural development department of the World Bank.

Table of Contents

Contributors
Preface
1. The Need for Effective Pricing
2. A Literature Survey
3. Economic Principles of Irrigation Water Demand and Supply
4. A Microeconomic Analysis of Pricing in Morocco, China, Mexico, South Africa, and Turkey
5. Interaction Between Economywide Policies and Irrigated Agriculture in Morocco
6. Policy Implications
7. Pricing Irrigation Water in Morocco
8. Pricing Irrigation Water in China
9. Pricing Irrigation Water in Mexico
10. Pricing Irrigation Water in South Africa
11. Pricing Irrigation Water in Turkey
Glossary
References
Index

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