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Efficiency of Water Market and Intersectoral Water Transfer-A Macro Review and Micro Analysis


Affiliations
1 Department of Agriculture Economics, Annamalai University, Chidambaram (T.N.), India
2 Department of Agricultural Economics, Tamil Nadu Agricultural University, Coimbatore (T.N.), India
3 Department of Agricultural Economics, Annamalai University, Chidambaram (T.N.), India
     

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Where water is scarce but demand is growing, water markets offer an opportunity to increase economic efficiency by enabling the reallocation of water among users and sectors. While buyers and sellers willingly enter into such transactions, indirect impacts on agricultural communities can be devastating, as intersectoral transfers may substantially alter the nature of the community’s underlying economy. Hence, attempt should be made for the gradual conversion of existing informal water markets into formal market. The emergence of formal markets though considered advantageous in economic perspective the other dimensions like social, cultural, institutional and legal should be bestowed due attention owing to their importance in human life.

Keywords

Efficiency of Water, Water Market, Intersectoral Water, Macro, Micro Review.
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  • Efficiency of Water Market and Intersectoral Water Transfer-A Macro Review and Micro Analysis

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Authors

M. Priyanga
Department of Agriculture Economics, Annamalai University, Chidambaram (T.N.), India
S. Achudhan
Department of Agricultural Economics, Tamil Nadu Agricultural University, Coimbatore (T.N.), India
R. Venkataraman
Department of Agricultural Economics, Annamalai University, Chidambaram (T.N.), India

Abstract


Where water is scarce but demand is growing, water markets offer an opportunity to increase economic efficiency by enabling the reallocation of water among users and sectors. While buyers and sellers willingly enter into such transactions, indirect impacts on agricultural communities can be devastating, as intersectoral transfers may substantially alter the nature of the community’s underlying economy. Hence, attempt should be made for the gradual conversion of existing informal water markets into formal market. The emergence of formal markets though considered advantageous in economic perspective the other dimensions like social, cultural, institutional and legal should be bestowed due attention owing to their importance in human life.

Keywords


Efficiency of Water, Water Market, Intersectoral Water, Macro, Micro Review.

References