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GTAP Resource #6036

"Does Water Rights Trading Promote Economic Efficiency of Water Resource?"
by Zhang, Chunmei

Agricultural water rights trading, the main part of water rights trading, is seen as a critical way to promote water utilization efficiency and allocation efficiency and then to ease global water shortage . However, the actual performance of water rights trading is far below the optimistic expectation by the academia. This paper summarizes 6 main topics discussed by global academia .Answers about whether water rights trading can promote economic efficiency of water resource are discussed in the paper.It is obvious that current academic research does not explore deep enough about the water rights trading mechanism and thus cannot provide deep insights and absolute evidence to show water rights trading indeed promote the economic efficiency of water resource. Shortcomings of current research are summarized in this thesis, and they are: (1) lack of multi-angle theoretical perspective; (2) lack of applied theories; (3) lack of robust evidence; (4) lack of exploration of government’s behavior and dynamics of institutional reform. Future research topics should be broadened and deeply explored are: (1) broaden the theoretical horizons; (2) put the theories down to the earth; (3) carry out robust positive research; (4) explore deeply about government’s behavior mechanism in water management and water rights trading market cultivation.

Resource Details (Export Citation) GTAP Keywords
Category: 2020 Conference Paper
Status: Published
By/In: Presented during the 23rd Annual Conference on Global Economic Analysis (Virtual Conference)
Date: 2020
Created: Zhang, C. (4/14/2020)
Updated: Batta, G. (4/14/2020)
Visits: 699
- Trade and the environment
- Water availability
- Agricultural policies

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