Document Type

Article

Publication Date

8-2012

Publication Title

Water Resources Management

Abstract

Governments are increasingly reliant on the reacquisition of water rights as a mechanism for recovering overexploited basins. Yet, serious concerns have recently been raised about the efficacy and operational dimensions of existing programs. Water buyback is typically implemented as the purchase of a fixed quantity of water rights from the agricultural sector at the price set by the Water Authority. This paper seeks to analyze whether the use of water buyback in its current form represents a sensible means of recovering overexploited basins. The results—which are particularly relevant to contexts characterised by poor enforcement regimes and widespread illegal water use—highlight the need for greater scrutiny of current programs and call for additional work to improve the design of reacquisition policies in the context of water resource management.

Keywords

Water buyback, Water rights, Illegal water use, Enforcement

Volume

26

Issue

10

First Page

2799

Last Page

2816

DOI

dx.doi.org/10.1007/s11269-012-0047-8

ISSN

1573-1650

Creative Commons License

Creative Commons Attribution 4.0 License
This work is licensed under a Creative Commons Attribution 4.0 License.

Rights

Licensed to Smith College and distributed CC-BY under the Smith College Faculty Open Access Policy

Included in

Economics Commons

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