Climate change adaptation and water resource management: A review of the literature

SM Olmstead - Energy Economics, 2014 - Elsevier
This paper considers the extent and usefulness of the existing empirical literature on water
supply, demand, and adaptation to climate change for incorporation into integrated …

The economics of managing scarce water resources

SM Olmstead - Review of Environmental Economics and …, 2010 - journals.uchicago.edu
This article surveys the literature on the economics of water scarcity and water demand. We
examine demand estimation in diverted uses (urban, agricultural, and industrial), as well as …

Understanding the evolution and performance of water markets and allocation policy: A transaction costs analysis framework

D Garrick, SM Whitten, A Coggan - Ecological Economics, 2013 - Elsevier
Water markets and associated allocation policy reforms have struggled to achieve their
intended goals in many water-stressed rivers, in part due to the institutional friction imposed …

Rethinking the economics of water: An assessment

DE Garrick, M Hanemann… - Oxford Review of …, 2020 - academic.oup.com
Water is rising on the policy agenda as population growth and climate change intensify
scarcity, shocks, and access inequalities. The conventional economic policy …

Modeling farm-level adoption of deficit irrigation using Positive Mathematical Programming

R Cortignani, S Severini - Agricultural water management, 2009 - Elsevier
Irrigated agriculture in the European Union (EU) is currently adapting to new conditions
including the principle of the full recovery of water service costs, the reduction of water …

Responding to the 'wicked problem'of water insecurity

R Quentin Grafton - Water Resources Management, 2017 - Springer
This paper highlights key trends and projections in water scarcity, reviews the ways that
water security and water scarcity are most commonly understood, and explores possible …

Treating water markets like stock markets: Key water market reform lessons in the Murray-Darling Basin

C Seidl, SA Wheeler, A Zuo - Journal of Hydrology, 2020 - Elsevier
Water markets are well known for improving the efficient use and reallocation of water, and
the southern-connected Murray-Darling Basin water market is recognised as the most …

A systems perspective on water markets: barriers, bright spots, and building blocks for the next generation

D Garrick, S Balasubramanya… - Environmental …, 2023 - iopscience.iop.org
Water markets are a decentralized approach for allocating water and water rights that have
been touted as part of the future of water policy for decades [1–3]. While proponents have …

[HTML][HTML] Agricultural water allocation under cyclical scarcity: The role of priority water rights

JA Gómez-Limón, C Gutiérrez-Martín… - Water, 2020 - mdpi.com
Water is becoming an increasingly scarce resource worldwide, suggesting that water
rationing methods should be revised to improve water allocation efficiency, especially during …

Impact of groundwater markets in India on water use efficiency: A data envelopment analysis approach

AV Manjunatha, S Speelman, MG Chandrakanth… - Journal of environmental …, 2011 - Elsevier
In the hard rock areas of India, overdraft of groundwater has led to negative externalities. It
increased costs of groundwater irrigation and caused welfare losses. At the same time …