Investigation of economic consequences of local water markets (Case study: Ardabil county)

Recently, the market mechanism has been considered as an efficient method for optimal allocating of water resources and overcoming some challenge in water sector, however, there are some questions in this regard. This study investigated the economic consequences of local water markets in Ardabil county of Iran. Results show that farmers have been relied on the local water market so that they bought 23% of water input from local water markets. Water was traded at 841 Rials/m3 that is closed to the economic value of water (930 Rials/m3) during farming year of 2009-10. Results also show that after participation in water market, farmer's income was increased up to 1.8% - 23.9%. According to the results, to alleviate excessive demand for irrigation water, government expenditures on water providing and to allocate water resources optimally, local water markets should be reinforced.Recently, the market mechanism has been considered as an efficient method for optimal allocating of water resources and overcoming some challenge in water sector, however, there are some questions in this regard. This study investigated the economic consequences of local water markets in Ardabil county of Iran. Results show that farmers have been relied on the local water market so that they bought 23% of water input from local water markets. Water was traded at 841 Rials/m3 that is closed to the economic value of water (930 Rials/m3) during farming year of 2009-10. Results also show that after participation in water market, farmer's income was increased up to 1.8% - 23.9%. According to the results, to alleviate excessive demand for irrigation water, government expenditures on water providing and to allocate water resources optimally, local water markets should be reinforced.Recently, the market mechanism has been considered as an efficient method for optimal allocating of water resources and overcoming some challenge in water sector, however, there are some questions in this regard. This study investigated the economic consequences of local water markets in Ardabil county of Iran. Results show that farmers have been relied on the local water market so that they bought 23% of water input from local water markets. Water was traded at 841 Rials/m3 that is closed to the economic value of water (930 Rials/m3) during farming year of 2009-10. Results also show that after participation in water market, farmer's income was increased up to 1.8% - 23.9%. According to the results, to alleviate excessive demand for irrigation water, government expenditures on water providing and to allocate water resources optimally, local water markets should be reinforced.Recently, the market mechanism has been considered as an efficient method for optimal allocating of water resources and overcoming some challenge in water sector, however, there are some questions in this regard. This study investigated the economic consequences of local water markets in Ardabil county of Iran. Results show that farmers have been relied on the local water market so that they bought 23% of water input from local water markets. Water was traded at 841 Rials/m3 that is closed to the economic value of water (930 Rials/m3) during farming year of 2009-10. Results also show that after participation in water market, farmer's income was increased up to 1.8% - 23.9%. According to the results, to alleviate excessive demand for irrigation water, government expenditures on water providing and to allocate water resources optimally, local water markets should be reinforced.Recently, the market mechanism has been considered as an efficient method for optimal allocating of water resources and overcoming some challenge in water sector, however, there are some questions in this regard. This study investigated the economic consequences of local water markets in Ardabil county of Iran. Results show that farmers have been relied on the local water market so that they bought 23% of water input from local water markets. Water was traded at 841 Rials/m3 that is closed to the economic value of water (930 Rials/m3) during farming year of 2009-10. Results also show that after participation in water market, farmer's income was increased up to 1.8% - 23.9%. According to the results, to alleviate excessive demand for irrigation water, government expenditures on water providing and to allocate water resources optimally, local water markets should be reinforced.Recently, the market mechanism has been considered as an efficient method for optimal allocating of water resources and overcoming some challenge in water sector, however, there are some questions in this regard. This study investigated the economic consequences of local water markets in Ardabil county of Iran. Results show that farmers have been relied on the local water market so that they bought 23% of water input from local water markets. Water was traded at 841 Rials/m3 that is closed to the economic value of water (930 Rials/m3) during farming year of 2009-10. Results also show that after participation in water market, farmer's income was increased up to 1.8% - 23.9%. According to the results, to alleviate excessive demand for irrigation water, government expenditures on water providing and to allocate water resources optimally, local water markets should be reinforced.