Potential for Tradable Water Allocation and Rights in Jordan

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


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. (JEL C51, Q58)

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