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Pré-Publication, Document De Travail Année : 2018

Short and Long term Effects of Water Markets

Résumé

We aim at checking from a theoretical viewpoint the claims made about water markets in the literature. We prove that water markets improve farmers' profits and production efficiency but do not necessarily improve total production and do not always encourage private investments. Taking into account the transaction cost of water markets and the social cost due to the inactivity of some farmers that may result from water markets, we prove that water markets do not always improve total surplus. JEL Classification: Q25, C72, O33.
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Dates et versions

hal-01863372 , version 1 (28-08-2018)

Identifiants

  • HAL Id : hal-01863372 , version 1

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Rim Lahmandi-Ayed, Mohamed Salah Matoussi. Short and Long term Effects of Water Markets. 2018. ⟨hal-01863372⟩
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