Governing Scarcity. Water markets, equity and efficiency in pre-1950s eastern Spain
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Title
Governing Scarcity. Water markets, equity and efficiency in pre-1950s eastern SpainAuthor (s)
Date
2010-12Publisher
Sociedad Española de Historia AgrariaAbstract
It is usually taken for granted that the existence of water markets allows economic efficiency gains to be achieved at the expense of equity losses. This paper addresses the issue by analysing the functioning of the ... [+]
It is usually taken for granted that the existence of water markets allows economic efficiency gains to be achieved at the expense of equity losses. This paper addresses the issue by analysing the functioning of the irrigation communities in pre-1950s eastern Spain. While in some of them the water inhered in the land and could not be sold, in others there were tradable water rights. In the paper it is shown that, in the former, not only was equity greater but in fact the resource was also used more efficiently. [-]
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info:eu-repo/semantics/openAccess
info:eu-repo/semantics/openAccess
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- DT_SEHA [103]