WATER ALLOCATION OF TRANSBOUNDARY RIVER: A MICROECONOMIC OPTIMAL TAX APPLICATION (p.75-90) |
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by |
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Dimitrios A. GIANNIAS, HELLENIC OPEN UNIVERSITY |
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Keywords : Water allocation, Optimal tax, Externalities |
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JEL classification : D49, D60, D69, D74, Q25, Q28 |
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Abstract |
A model is presented that incorporates both water quantity and quality
aspects and a market based system is developed to characterize optimum water
allocations between two regions or countries. A methodology is developed to
compute the optimum tax or subsidy that could support an optimum water quantity
and quality allocation in case that the relevant authorities agreed to impose in the
marketplace. |
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