Hostname: page-component-78c5997874-v9fdk Total loading time: 0 Render date: 2024-11-13T06:43:55.344Z Has data issue: false hasContentIssue false
  • English
  • Français

Melding Private and Public Interests in Water Rights Markets

Published online by Cambridge University Press:  28 April 2015

Gary D. Lynne  and
Phyllis Saarinen
Gary D. Lynne
Affiliation:
University of Florida, Gainesville
Phyllis Saarinen
Affiliation:
University of Florida, Gainesville
Get access Rights & Permissions [Opens in a new window]

Abstract

The debate over privatizing and water markets has moved back and forth for decades between the “I” and the “We” perspectives. Rather than either/or, a balanced “I&We” view of water institutions is needed. West is meeting east in water law. Public interest needs must be satisfied in appropriate decision forums, but marketing may prove a social improvement when used as a supplement. Balancing an “I&We” institution involves establishing an acceptable or tolerable level of interference through judicious mixing of state, common and private property regimes. Third-party effects are eliminated as mutual gain arises in a variety of decision forums.

Keywords

propertyinterferenceinterdependencewater institutionswater marketing
Type
Invited Papers and Discussions
Information
Journal of Agricultural and Applied Economics , Volume 25 , Issue 1 , July 1993 , pp. 69 - 83
Copyright
Copyright © Southern Agricultural Economics Association 1993

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Abrams, Robert H. “Charting the Course of Riparianism: An Instrumentalist Theory of Change.” Wayne Law Rev. 35(1989): 1361-1446.Google Scholar
Anderson, Terry L.Water Crisis: Ending the Policy Drought. Baltimore: Johns Hopkins U. Press, 1983a.Google Scholar
Anderson, Terry L. “Introduction: The Water Crisis and the New Resource Economics” in Water Rights: Scarce Resource Allocation, Bureaucracy, and the Environment. Anderson, Terry L., ed. Cambridge, MA: Ballinger, 1983b.Google Scholar
Anderson, Terry L. “The Market Alternative for Hawaiian Water.” Nat. Resour. J. 25(1985):893–910.Google Scholar
Anderson, Terry L. and Leal, Donald R.. “Building Coalitions for Water Marketing.” J. Pol. Anal. Manage. 8(1989):432–445.CrossRefGoogle Scholar
Angel, Joanne E. “Comment: Profitability and Appropriative Water Rights: Strange Bedfellows in Equitable Apportionment.” Nat. Res. J. 22(1982):1175–1179.Google Scholar
Batie, Sandra S. “Water Rights and Water Law in the Southeast.” in Sandra Batie, S. and Paxton Marshall, J.. Emerging Issues in Water Management and Policy. Mississippi State: Farm Foundation and the Southern Rural Development Center, Feb. 1983, pp. 1–14.Google Scholar
Brajer, Victor and Wade Martin, E.. “Water Rights Markets: Social and Legal Considerations.” Am. J. Econ. Soc. 49(1990):35–44.CrossRefGoogle Scholar
Bromley, Daniel W.Making the Commons Work. San Francisco: Institute for Contemporary Studies, 1992.Google Scholar
Bromley, Daniel W.Economic Interests and Institutions. New York: Basil Blackwell Inc., 1989.Google Scholar
Lee, Brown F. and Ingram, Helen M.. Water and Poverty in the Southwest. Tucson: Univ. of Arizona Press, 1987.Google Scholar
Buchanan, James M.Liberty, Market, and State: Political Economy in the 1980's. London: Wheatsheaf Books LTD, Harvester Press Publishing Group, 1986.Google Scholar
Butler, Lynda L. “Allocating Consumptive Water Rights in a Riparian Jurisdiction: Defining the Relationship Between Public and Private Interests.” Univ. Pitt. Law Rev. 47 (1985): 95–181.Google Scholar
Chalk, Alfred F. “Natural Law and the Rise of Economic Individualism in England.” J. Pol. Econ., (1957): 332–347.Google Scholar
Chan, Arthur H. “To Market or Not to Market: Allocating Water Rights in New Mexico.” Nat. Resour. J. 29 (1989): 629–643.Google ScholarPubMed
Ciriacy-Wantrup, S.V. “Concepts Used as Economic Criteria for a System of Water Rights.” J. Farm Econ. 32 (1956): 295–312.Google Scholar
Ciriacy-Wantrup, S. V, “Water Policy and Economic Optimizing: Some Conceptual Problems in Water Research.” Amer. Econ. Rev. 57 (1967): 179–189.Google Scholar
Colby, Bonnie G. “Transactions Costs and Efficiency in Western Water Allocation.” Amer. J. Agri. Econ. 72 (1990a):1185–1192.CrossRefGoogle Scholar
Colby, Bonnie G. “Enhancing Instream Flow Benefits in an Era of Water Marketing.” Wat. Resour. Res. 26 (1990b):1113–1120.CrossRefGoogle Scholar
Colby, Bonnie G., McGinnis, Mark A. and Rait, Ken. “Procedural Aspects of State Water Law: Transferring Water Rights in the Western States.” Ariz. Law Rev. 31 (1989): 697–719.Google Scholar
Saliba, Colby, Bonnie, G. “Do Water Markets ‘Work’?: Market Transfers and Trade-Offs in the Southwestern States.” Wat. Resour. Res. 23 (1987): 1113–1122.CrossRefGoogle Scholar
Saliba, Colby, Bonnie, and Bush, David B.. Water Markets in Theory and Practice. Boulder, CO: Westview Press, 1987.Google Scholar
Saliba, Colby, Bonnie, G., Bush, David B., Martin, William E. and Brown, Thomas C.. “Do Water Market Prices Appropriately Measure Water Values?.” Nat. Resour. J. 27 (1987): 617–651.Google Scholar
Curie, Madalene Mary. “A Distinct Policy Which Forms a Market Within the California State Water Project.” Wat. Resour. Res. 21 (1985):1717–1720.CrossRefGoogle Scholar
Dragun, Andrew K. and Gleeson, Victor. “From Water Law to Transferability in New South Wales.” Nat. Resour. J. 29 (1989): 645–661.Google Scholar
Dudley, Norman J. and Musgrave, Warren F.. “Capacity Sharing of Water Reservoirs.” Wat. Resour. Res. 24 (1988): 649–658.CrossRefGoogle Scholar
DuMars, Charles T. “The State as a Participant in Water Markets: Appropriate Roles for Congress and the Courts.” Wat. Resour. Res. 21 (1985):1771–1775.CrossRefGoogle Scholar
DuMars, Charles T. and Tarlock, A. Dan. “Symposium Introduction: New Challenges to State Water Allocation Sovereignty.” Nat. Res. J. 29 (1989): 331–346.Google Scholar
Wayland, Eheart J. and Lyon, Randolph M.. “Alternative Structures for Water Rights Markets.” Wat. Resour. Res. 19 (1983): 887–894.Google Scholar
Emel, Jacque L. “Groundwater Rights: Definition and Transfer.” Nat. Resour. J. 27 (1983): 653–673.Google Scholar
Etzioni, Amitai.The Moral Dimension: Toward a New Economics. New York: Free Press, 1988.Google Scholar
Gardner, Delworth. “Removing Impediments to Water Markets.” J. Soil Wat. Conser. 42(1987): 384–388.Google Scholar
Gardner, Richard L. “The Impacts of Efficiency of Agriculture-to-Urban Water Transfers: Discussion.” Amer. J. Agr. Econ. 72 (Dec. 1990): 1207–1209.CrossRefGoogle Scholar
Gutridge, G. H.English Whiggism and the American Revolution. Berkeley: University of California, 1942.Google Scholar
Horwitz, Morton J. “The Transformation in the Conception of Property in American Law 1780-1860.” Univ. of Chicago Law Rev. 40 (1973): 248–290.CrossRefGoogle Scholar
Howe, Charles W. “Economic, Legal and Hydrologie Dimensions of Potential Interstate Water Markets.” Amer. J. Agri. Econ. 67 (1985):1226–1230.CrossRefGoogle Scholar
Howe, Charles W., Schurmeier, Dennis R. and Shaw, W. Douglas Jr. “Innovative Approaches to Water Allocation: The Potential for Water Markets.” Wat. Resour. Res. 22 (1986): 439–445.CrossRefGoogle Scholar
Howe, Charles W., Lazo, Jeffrey K. and Weber, Kenneth R.. “The Economic Impacts of Agrieulture-to-Urban Water Transfers on the Area of Origin: A Case Study of the Arkansas River Valley in Colorado.” Amer. J. Agri. Econ. 72 (1990): 1200–1204.CrossRefGoogle Scholar
Johnson, Dudley D. “An Optimal State Water Law: Fixed Water Rights and Flexible Market Prices.” Va. Law Rev. 57 (1971): 345–375.CrossRefGoogle Scholar
Johnson, Ronald N., Micha Gisser and Michael Werner. “The Definition of a Surface Water Right and Transferability.” J. Law Econ. 24 (1981): 273–288.CrossRefGoogle Scholar
Kiker, Clyde and Lynne, Gary D.. “Economic Impacts of Administrative Water Law Systems.” Trans. Amer. Soc. Agr. Eng. 22 (1979): 115–125.CrossRefGoogle Scholar
Kiker, Clyde and Lynne, Gary D.. “Water Allocation Under Administrative Regulation: Some Economic Considerations.” S. J. Agr. Econ. 8 (Dec. 1976): 57–63.Google Scholar
Lasky, Moses. “From Prior Appropriation to Economic Distribution of Water by the State-Via Irrigation Administration.” Rocky Mountain Law Rev. 1(3) and 1(4) (1929).Google Scholar
Lynne, Gary D. “Agricultural Water Modeling and Economic Information Needs Under the Model Water Code.” Wat. Resour. Bui. 24 (1988): 95–101.CrossRefGoogle Scholar
Lynne, Gary D. “Scarcity Rents for Water: A Valuation and Pricing Model: Comment.” Land Econ. 65 (1989): 420–424.CrossRefGoogle Scholar
Lynne, Gary D., Shonkwiler, J. S. and Wilson, Michael E.. “Water Permitting Behavior Under the 1972 Florida Water Resources Act.” Land Econ. 67 (1991): 340–351.CrossRefGoogle Scholar
Lynne, Gary D. and Burkhardt, Jeffrey. “The Evolution of Water Institutions in Florida: A Neoinstitutionalist Perspective.” J. Econ. Issues 24 (1990): 1059–1076.CrossRefGoogle Scholar
MacDonnell, Lawrence J. and Howe, Charles W.. “Area-of-Origin Protection in Transbasin Water Diversions: An Evaluation of Alternative Approaches.” Univ. Col. Law Rev. 57 (1986): 527–548.Google Scholar
Maloney, Frank E., Capehart, Lynne C. and Hoofman, Robert S.. “Florida's ‘Reasonable Beneficial’ Water Use Standard: Have East and West Met?” Univ. Fl. Law Rev. 31 (1979): 253–283.Google Scholar
Maloney, Frank E., Ausness, Richard C. and Morris, J. Scott. A Model Water Code (with Commentary). Gainesville, FL: Univ. of Florida Press, 1972.Google Scholar
Maloney, Frank E. “A Model Water Use Act for a Riparian State-The Florida Experience.” In Contemporary Developments in Water Law (Corwin Johnson and Susan Lewis, eds.) Austin, TX: Center for Research in Water Resources, University of Texas, 1970.Google Scholar
Metzger, Philip C. “Protecting Social Values in Western Water Transfers.” J. Amer. Wat. Works Assoc. (1988): 58–65.CrossRefGoogle Scholar
Milliman, J. W. “Water Law and Private Decision-Making: A Critique.” J. Law Econ. 2 (1959): 41–63.CrossRefGoogle Scholar
Mumme, Stephen P. and Ingram, Helan M.. “Community Values in Southwest Water Management.” Pol. Stud. Rev. 5 (1985): 365–381.CrossRefGoogle Scholar
Nishiyama, Chiaki and Leube, Kurt R. (eds). The Essence of Hayek. Stanford, CA: Hoover Institution Press, 1984.Google Scholar
Nunn, Susan Christopher and Ingram, Helen M.. “Information, the Decision Forum, and Third-Party Effects in Water Transfers.” Wat. Resour. Res. 24 (1988): 473–480.CrossRefGoogle Scholar
Ostrom, Elinor. Governing the Commons New York: Cambridge University Press, 1990.CrossRefGoogle Scholar
Randall, Alan. “Property Entitlements and Pricing Policies for a Maturing Water Economy.” Aust. J. Agri. Econ. 25 (1981): 195–220.Google Scholar
Rose, Carol M. “Energy and Efficiency in the Realignment of Common-Law Water Rights.” J. Leg. Stud. 19 (1990): 261–296.CrossRefGoogle Scholar
Saarinen, Phyllis Parkand Lynne, Gary D.. Market Transfer of Water Use Rights in the United States: A Review of the Literature (forthcoming). Gainesville, FL: Univ. of Florida, Food and Resource Economics Department, 1993a.Google Scholar
Sarrinen, Phyllis Park and Lynne, Gary D.. “Getting the Most Valuable Water Supply Pie: Economic Efficiency in Florida's Reasonable-Beneficial Use Standard”J. Land Use and Environmental Law (forthcoming, 1993b).Google Scholar
Saliba, 1987 (see Colby Saliba, 1987).Google Scholar
Saliba and Bush (see Colby Saliba and Bush).Google Scholar
Sax, Joseph L. “The Constitution, Property Rights and the Future of Water Law.” Univ. Col. Law Rev. 61 (1990): 257–282.Google Scholar
Shabman, Leonard and Cox, William E.. “Costs of Water Management Institutions: The Case of Southeastern Virginia.” In Scarce Water and Institutional Change (Kenneth Frederick ed.). Washington D.C., Resources for the Future Inc., 1986.Google Scholar
Shupe, Steven J. “Waste in Western Water Law: A Blueprint for Change.” Ore. Law Rev. 61 (1982):483–522.Google Scholar
Singer, Joseph William. “The Legal Rights Debate in Analytical Jurisprudence from Bentham to Wohfeld.” Wise. Law Rev. 1982 (1982): 975–1059.Google Scholar
Swaney, James A. “Trading Water: Market Extension, Social Improvement, or What?” J. Econ. Issues 22 (1988): 33–47.CrossRefGoogle Scholar
Dan, Tarlock A.. “New Water Transfer Restrictions: The West Returns to Riparianism.” Wat. Resour. Res. 21 (1991): 987–994.Google Scholar
Tarlock, A. Dan. “An Overview of the Law of Groundwater Management.” Wat. Resour. Res. 21 (1985):1751–1766.CrossRefGoogle Scholar
Thorson, John E. “Public Rights at the Headwaters.” J. Amer. Wat. Works Assoc. (1986): 72–78.CrossRefGoogle Scholar
Thorson, John E. “Water Marketing in Big Sky Country: An Interim Assessment.” Nat. Resour. J. 29 (1989): 479–488.Google Scholar
Trelease, Frank J. “Water Law and Economic Transfers of Water.” J. Farm Econ. 43(1961):1147–1152.CrossRefGoogle Scholar
Trelease, Frank J. “Policies for Water Law: Property Rights, Economic Forces, and Public Regulation.” Nat. Resour. J. 5 (1965): 1–48.Google Scholar
Trelease, Frank J. “The Model Water Code, the Wise Administrator and the Goddam Bureaucrat.” Nat. Resour. J. 14 (1974): 207–229.Google Scholar
Wilkinson, Tyler v., 24 Cas, F.. 472.474 (CCDRI 1827).Google Scholar
Utton, Albert E. “In Search of An Integrating Principle for Interstate Water Law: Regulation versus the Market Place.” Nat. Resour. J. 25 (1985): 985–1004.Google Scholar
Wahl, Richard W. and Osterhoudt, Frank H.. “Voluntary Transfers of Water in the West.” In National Water Summary. Washington D.C.: U.S. Department of the Interior, 1985.Google Scholar
Webb, v. Portland Manufacturing Co., 29 Fed. Cas. 506 (CCDMe 1838).Google Scholar
Wolf, Aaron and Dinar, Ariel. “Water Transfers from the Nile: Economic and Political Considerations for an International Water Market.” Draft. Madison, WI: Institute for Environmental Studies, The University of Wisconsin, May 1992.Google Scholar
Wright, Howell F. and North, Ronald M.. Construction of an Integrated and Economically Efficient Water Allocation Process for the Flint River. Tech. Compi. Rpt. Athens, GA: Institute of Natural Resources, The University of Georgia, Sept. 1983.Google Scholar