1991
DOI: 10.1111/j.0033-0124.1991.00292.x
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Water Marketing and Water Rights Transfers in the Lower Rio Grande Valley, Texas∗

Abstract: Water marketing, which involves the purchase or transfer of water supplies or rights between a willing buyer and seller, represents one strategy for redistributing water resources among competing users. Most frequently, municipalities purchase agricultural water rights to augment their existing supply and help meet projected water demand. In Texas, the most active water market is in the lower Rio Grande Valley where the cities of Brownsville, Harlingen, and McAllen havc acquired surface water rights for conver… Show more

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Cited by 22 publications
(19 citation statements)
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“…The two reservoirs have a combined storage capacity of approximately 5.8 million ac ft (MAF), with an additional 2.1 MAF of capacity set aside for flood protection (dead storage is roughly 30,000 ac ft). The storage in these reservoirs is strictly divided between the United States and Mexico according to the treaty of 1944 [Schoolmaster, 1991], with each countries' share of storage, inflows, outflows, and losses calculated as single system-wide values (Table 1). Since the two reservoir came on line in 1968, combined U.S. storage in these structures has varied from a low of approximately 0.7 MAF to a high of 4.0 MAF.…”
Section: Study Regionmentioning
confidence: 99%
“…The two reservoirs have a combined storage capacity of approximately 5.8 million ac ft (MAF), with an additional 2.1 MAF of capacity set aside for flood protection (dead storage is roughly 30,000 ac ft). The storage in these reservoirs is strictly divided between the United States and Mexico according to the treaty of 1944 [Schoolmaster, 1991], with each countries' share of storage, inflows, outflows, and losses calculated as single system-wide values (Table 1). Since the two reservoir came on line in 1968, combined U.S. storage in these structures has varied from a low of approximately 0.7 MAF to a high of 4.0 MAF.…”
Section: Study Regionmentioning
confidence: 99%
“…Under this system, "Domestic, Municipal, and Industrial rights have the highest priority in the allocation procedures, with irrigation rights holding a residual claim on inflows to the reservoirs" (Characklis and others, 1999;Stubbs and others, 2003, p. 17;Levine, 2007), and water can be marketed by willing sellers (e.g., Schoolmaster, 1991;Wurbs, 1995). There are two types of irrigation rights: Class A and Class B.…”
Section: An International Borderland Of Concern: Conservation Of Biodmentioning
confidence: 99%
“…Colby et al [12] analyzed the features of markets, water rights, and water rights trading, and proposed that the transaction of water rights could help establish a reasonable price for water resources. Schoolmaster [13] believed that the main purpose for establishing a water market was to reallocate water resources for improving utilization efficiency. In China, according to the Water Law, the ownership of water resources belongs to the country, and water rights trading only involves the right to use water resources [14].…”
Section: Introductionmentioning
confidence: 99%