Potential for tradable water allocation and rights in Jordan

Carlos E. Carpio, Octavio A. Ramirez, Tullaya Boonsaeng

Research output: Contribution to journalArticlepeer-review

2 Scopus citations

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 m3 could be periodically purchased from farmers at an annual price of approximately JD 0.23/m3 (1 JD≈0.70 US$), or a total cost of about JD 6.8 million per year.

Original languageEnglish
Pages (from-to)595-609
Number of pages15
JournalLand Economics
Volume87
Issue number4
DOIs
StatePublished - Nov 1 2011

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