The limited success of formal water markets in the Segura River basin, Spain

References

• Albiac, J., Hanemann, M., Calatrava, J., Uche, J., & Tapia, J. (2006). The rise and fall of the Ebro water transfer. Natural Resources Journal, 46, 727–757.
   Web of Science ®Google Scholar
• Ariño, G., & Sastre, M. (2009). Water sector regulation and liberalization. In A. Garrido & M. R. Llamas (Eds.), Water Policy in Spain (pp. 95–106). Leiden: Taylor & Francis.
   Google Scholar
• Bjornlund, H. (2006). Can water markets assist irrigators managing increased supply risk? Some Australian experiences. Water International, 31, 221–232. doi: 10.1080/02508060.2006.9709672
   Web of Science ®Google Scholar
• Bjornlund, H., & McKay, J. (2002). Aspects of water markets for developing countries: Experiences from Australia, Chile, and the US. Environment and Development Economics, 7, 769–795.
   Web of Science ®Google Scholar
• Bjornlund, H., Wheeler, S., & Rossini, P. (2013). Water markets and their environmental, social and economic impacts in Australia. In J. Maestu (Ed.), Water trading and global water scarcity: International experiences (pp. 68–93). Abingdon, UK: Resources for the Future Press.
   Google Scholar
• Calatrava, J., García-Valiñas, M. A., Garrido, A., & González-Gómez, F. (2015). Water pricing in Spain: Following the footsteps of somber climate change projections. In A. Dinar, V. Pochat, & J. Albiac (Eds.), Water pricing experiences and innovations (pp. 313–340). Cham, Switzerland: Springer.10.1007/978-3-319-16465-6
   Google Scholar
• Calatrava, J., & Gómez-Limón, J. A. (2016). Mercados de agua y eficiencia económica [Water markets and economic efficiency]. In J. A. Gómez-Limón & J. Calatrava (Eds.), Los mercados de agua en España: Presente y perspectivas [Water markets in Spain: Present and perspectives] (pp. 125–155). Almería: Cajamar Caja Rural.
   Google Scholar
• Calatrava, J., & Gómez-Ramos, A. (2009). El papel de los mercados de agua como instrumento de asignación de recursos hídricos en el regadío español [The role of water markets as an instrument for water resources allocation in Spanish irrigated agriculture]. In J. A. Gómez-Limón, J. Calatrava, A. Garrido, F. J. Sáez, & À. Xabadia (Eds.), La economía del agua de riego en España [The economics of irrigation water in Spain] (pp. 295–319). Almería: Fundación Cajamar.
   Google Scholar
• Calatrava, J., & Martínez-Granados, D. (2012). El valor de uso del agua en el regadío de la cuenca del Segura y en las zonas regables del trasvase Tajo-Segura [The use value of water in the irrigated agriculture of the Segura basin and in the irrigated areas of the Tajo-Segura transfer (SE Spain)]. Economía Agraria y Recursos Naturales - Agricultural and Resource Economics, 12, 5–32.
   Google Scholar
• CHS (2007). Memoria 2006 [2006 Memory]. Murcia: Confederación Hidrográfica del Segura.
   Google Scholar
• CHS (2008). Memoria 2007 [2007 Memory]. Murcia: Confederación Hidrográfica del Segura.
   Google Scholar
• CHS (2009). Memoria 2008 [2008 Memory]. Murcia: Confederación Hidrográfica del Segura.
   Google Scholar
• CHS (2014). Borrador del Plan Hidrológico de la Cuenca del Segura 2015–2021 [Draft of the Segura River basin 2015–2021 Hydrological Plan]. Murcia: Confederación Hidrográfica de la Cuenca del Segura.
   Google Scholar
• CHS (2015). Estudio General sobre la Demarcación Hidrográfica del Segura (versión preliminar para el ciclo de planificación 2015–2021) [General study of the Segura River basin (preliminary version for the 2015–2021 hydrological planning period)]. Murcia: Confederación Hidrográfica del Segura.
   Google Scholar
• Claver, J. M. (2013). La experiencia de un contrato de cesión de derechos de aguas intercuencas (el derecho al aprovechamiento de las aguas trasvasadas) [The experience of an inter-basin water rights lease contract (the right to the use of transferred water)]. In A. Embid (Ed.), Usos del agua (concesiones, autorizaciones y mercados de agua) [Water uses (concessions, authorizations and water markets)] (pp. 305–341). Cizur Menor (España): Aranzadi-Thomson Reuters.
   Google Scholar
• Colby, B. G. (1990). Transactions costs and efficiency in western water allocation. American Journal of Agricultural Economics, 72, 1184–1192. doi: 10.2307/1242530
   Web of Science ®Google Scholar
• De Stefano, L., & Hernández-Mora, N. (2016). Los mercados informales de agua en España: Una visión de conjunto [Informal water markets in Spain: An overview]. In J. A. Gómez-Limón & J. Calatrava (Eds.), Los mercados de agua en España: Presente y perspectivas [Water markets in Spain: Present and perspectives] (pp. 95–121). Almería: Cajamar Caja Rural.
   Google Scholar
• Docker, B., & Robinson, I. (2014). Environmental water management in Australia: Experience from the Murray-Darling Basin. International Journal of Water Resources Development, 30, 164–177. doi: 10.1080/07900627.2013.792039
   Web of Science ®Google Scholar
• Easter, K. W., & Huang, Q. (Eds.). (2014). Water markets for the 21st century: What have we learned? Dordrecht, The Netherlands: Springer.
   Google Scholar
• Embid, A. (2016). Marco legal de los mercados de agua en España [Legal framework of water markets in Spain]. In J. A. Gómez-Limón & J. Calatrava (Eds.), Los mercados de agua en España: Presente y perspectivas [Water markets in Spain: Present and perspectives] (pp. 41–67). Almería: Cajamar Caja Rural.
   Google Scholar
• Garrido, A., Calatrava, J., & Rey, D. (2013). La flexibilización del régimen de concesiones y el mercado de aguas en los usos de regadío [The easing of the water concessions regime and the water market in irrigation uses]. In A. Embid (Ed.), Usos del agua (concesiones, autorizaciones y mercados de agua) [Water uses (concessions, authorizations and water markets)] (pp. 177–197). Cizur Menor (España): Aranzadi-Thomson Reuters.
   Google Scholar
• Garrido, A., Maestu, J., Gomez-Ramos, A., Estrela, T., Yague, J., Segura, R., … Cubillo, F. (2013). Voluntary water trading in Spain: A mixed approach of public and private initiatives. In J. Maestu (Ed.), Water trading and global water scarcity: International experiences (pp. 180–193). Routledge, Abingdon, U.K.: Resources for the Future Press.
   Google Scholar
• Garrido, A., Rey, D., & Calatrava, J. (2013). Water trading in Spain. In L. De Stefano & M. R. Llamas (Eds.), Water, agriculture and the environment in Spain: Can we square the circle? (pp. 205–216). Botín Foundation: CRC Press, Boca Raton (CA).
   Google Scholar
• Giannoccaro, G., Castillo, M., & Berbel, J. (2015). An assessment of farmers' willingness to participate in water trading in southern Spain. Water Policy, 17, 520–537. doi: 10.2166/wp.2014.092
   Web of Science ®Google Scholar
• Giannoccaro, G., Castillo, M., & Berbel, J. (2016). Factors influencing farmers’ willingness to participate in water allocation trading. A case study in southern Spain. Spanish Journal of Agricultural Research, 14(1), e0101. doi: 10.5424/sjar/2016141-7827
   Web of Science ®Google Scholar
• Grafton, R. Q., Libecap, G. D., McGlennon, S., Landry, C., & O’Brien, J. R. (2011). An integrated assessment of water markets: A cross-country comparison. Review of Environmental Economics and Policy, 5, 219–239. doi: 10.1093/reep/rer002
   Web of Science ®Google Scholar
• Hadjigeorgalis, E. (2009). A place for water markets: Performance and challenges. Review of Agricultural Economics, 31, 50–67. doi: 10.1111/raec.2009.31.issue-1
   Google Scholar
• Herin, R. (1972). El río Segura. La ordenación de una cuenca hidrográfica mediterránea [The Segura River. The management of a Mediterranean basin]. Revista de Geografía, 6, 168–208.
   Google Scholar
• Hernández-Mora, N. (2013). El Tajo: Historia de un río ignorado [The Tagus: Story of an ignored river]. Zaragoza: Fundación Nueva Cultura del Agua.
   Google Scholar
• Hernández-Mora, N., & Del Moral, L. (2015). Developing markets for water reallocation: Revisiting the experience of Spanish water mercantilización. Geoforum, 62, 143–155. doi: 10.1016/j.geoforum.2015.04.011
   Web of Science ®Google Scholar
• Howitt, R.E. (1994). Effects of water marketing on the farm economy. In H.O. Carter, H.R. Vaux Jr. y A.F. Scheuring (Eds.), Sharing scarcity. Gainers and losers in water marketing (pp. 97–133). Davis: University of California Agricultural Issues Center.
   Google Scholar
• Law 25/04/1953. Decreto de 25 de abril de 1953, por el que se autoriza para ordenar los aprovechamientos de riego en la cuenca del río Segura [Law establishing the allocation of irrigation water resources in the Segura River Basin]. Boletín Oficial del Estado Español del 25 de abril de 1953.
   Google Scholar
• Law 46/1999. Ley 46/1999, de 13 de diciembre, de modificación de la Ley 29/1985, de 2 de agosto, de Aguas [1999 Reformed Water Law]. Retrieved from http://www.boe.es/boe/dias/1999/12/14/pdfs/A43100-43113.pdf
   Google Scholar
• Law 15/2005. Real Decreto-Ley 15/2005, de 16 de diciembre, de medidas urgentes para la regulación de las transacciones de derechos al aprovechamiento de agua [Law establishing urgent measures to regulate water use rights transactions]. Retrieved from http://www.boe.es/boe/dias/2005/12/17/pdfs/A41337-41340.pdf
   Google Scholar
• Law 9/2006. Real Decreto-Ley 9/2006, de 15 de septiembre, por el que se adoptan medidas urgentes para paliar los efectos producidos por la sequía en las poblaciones y en las explotaciones agrarias de regadío en determinadas cuencas hidrográficas [Law establishing urgent measures to mitigate the effects of drought on the population and irrigated farms on specific river basins]. https://www.boe.es/boe/dias/2006/09/16/pdfs/A32645-32648.pdf
   Google Scholar
• Law 9/2010. Ley 9/2010, de 30 de Julio, de Aguas para Andalucía [Andalusian Water Law]. Retrieved from http://www.boe.es/boe/dias/2010/08/27/pdfs/BOE-A-2010-13465.pdf
   Google Scholar
• Loomis, J. B., Quattlebaum, K., Brown, T. C., & Alexander, S. J. (2003). Expanding institutional arrangements for acquiring water for environmental purposes: Transactions evidence for the western United States. International Journal of Water Resources Development, 19, 21–28. doi: 10.1080/713672720
   Web of Science ®Google Scholar
• Maestre-Valero, J. F., Martínez-Granados, D., Martínez-Alvarez, V., & Calatrava, J. (2013). Socio-economic impact of evaporation losses from reservoirs under past, current and future water availability scenarios in the semi-arid Segura basin. Water Resources Management, 27, 1411–1426. doi: 10.1007/s11269-012-0245-4
   Web of Science ®Google Scholar
• Martínez-Alvarez, V., González-Ortega, M.J., Maestre-Valero, J.F., Calatrava, J., Martin-Gorriz, B., & Martínez-Granados, D. (2017). Aportación de los mercados de agua y la desalinización de agua marina al suministro de los regadíos en la cuenca del Segura [The contribution of water markets and seawater desalination to irrigation water supply in the Segura basin]. In XXXV Congreso Nacional de Riegos [XXXV National Irrigation Congress] (pp. 253–262). Madrid: Colegio Oficial de Ingenieros Agrónomos de Centro y Canarias. DOI: 10.25028/CNRiegos.2017.B03.
   Google Scholar
• Martínez-Granados, D., & Calatrava, J. (2017). Combining economic policy instruments with desalinisation to reduce overdraft in the Spanish Alto Guadalentín aquifer. Water Policy, 19, 341–357. doi: 10.2166/wp.2016.055
   Web of Science ®Google Scholar
• MCT. (2007). La gestión del servicio 2006 [The management of the supply service in 2006]. Cartagena, Spain: Mancomunidad de los Canales del Taibilla, Ministerio de Medio Ambiente.
   Google Scholar
• MCT. (2008). La gestión del servicio 2007 [The management of the supply service in 2007]. Cartagena, Spain: Mancomunidad de los Canales del Taibilla, Ministerio de Medio Ambiente.
   Google Scholar
• MCT. (2009). La gestión del servicio 2008 [The management of the supply service in 2008]. Cartagena, Spain: Mancomunidad de los Canales del Taibilla, Ministerio de Medio Ambiente.
   Google Scholar
• Molle, F., Wester, P., & Hirsch, P. (2010). River basin closure: Processes, implications and responses. Agricultural Water Management, 97, 569–577. doi: 10.1016/j.agwat.2009.01.004
   Web of Science ®Google Scholar
• Montilla-López, N. M., Gutiérrez-Martín, C., & Gómez-Limón, J. A. (2016). Water banks: What have we learnt from the international experience? Water, 8, 466. doi: 10.3390/w8100466
   Web of Science ®Google Scholar
• Ortiz, D., & Ceña, F. (2001). Los derechos de propiedad en la agricultura de regadío: Su situación frente al cambio institucional [The impact of institutional change on ownership rights in irrigated agriculture]. Economía Agraria y Recursos Naturales - Agricultural and Resource Economics, 1, 93–110.
   Google Scholar
• Palomo-Hierro, S., Gómez-Limón, J. A., & Riesgo, L. (2015). Water markets in Spain: Performance and challenges. Water, 7, 652–678. doi: 10.3390/w7020652
   Web of Science ®Google Scholar
• Paneque, P., & Beltrán, M. J. (2015). Towards a more flexible water concession system in Spain: Public water banks in Andalusia. International Journal of Water Resources Development, 31, 657–668. doi: 10.1080/07900627.2014.975581
   Web of Science ®Google Scholar
• Randall, A. (1981). Property entitlements and pricing policies for a maturing water Economy. The Australian Journal of Agricultural Economics, 25, 195–220. doi: 10.1111/j.1467-8489.1981.tb00398.x
   Web of Science ®Google Scholar
• Rey, D., Calatrava, J., & Garrido, A. (2016a). Optimization of water procurement decisions in an irrigation district: The role of option contracts. Australian Journal of Agricultural and Resource Economics, 60, 130–154. doi: 10.1111/ajar.2016.60.issue-1
   Web of Science ®Google Scholar
• Rey, D., Garrido, A., & Calatrava, J. (2014). Water markets in Spain: Meeting twenty-first century challenges with twentieth century regulations. In K. W. Easter & Q. Huang (Eds.), Water markets for the 21st. century: What have we learned? (pp. 127–147). Dordrecht, The Netherlands: Springer.
   Google Scholar
• Rey, D., Garrido, A., & Calatrava, J. (2016b). An innovative option contract for allocating water in inter-basin transfers: The case of the Tagus-Segura Transfer in Spain. Water Resources Management, 30, 1165–1182. doi: 10.1007/s11269-015-1219-0
   Web of Science ®Google Scholar
• SCRATS. (2009). Memoria 2008 [2008 Memory]. Murcia: Sindicato Central de Regantes del Acueducto Tajo-Segura.
   Google Scholar
• SCRATS. (2012). Memoria 2011 [2011 Memory]. Murcia: Sindicato Central de Regantes del Acueducto Tajo-Segura.
   Google Scholar
• SCRATS. (2015). Memoria 2014 [2014 Memory]. Murcia: Sindicato Central de Regantes del Acueducto Tajo-Segura.
   Google Scholar
• SCRATS. (2016). Memoria 2015 [2015 Memory]. Murcia: Sindicato Central de Regantes del Acueducto Tajo-Segura.
   Google Scholar
• Tisdell, J. G. (2011). Water markets in Australia: An experimental analysis of alternative market mechanisms. Australian Journal of Agricultural and Resource Economics, 55, 500–517. doi: 10.1111/ajar.2011.55.issue-4
   Web of Science ®Google Scholar
• Wheeler, S., Loch, A., Zuo, A., & Bjornlund, H. (2013). Reviewing the adoption and impact of water markets in the Murray-Darling Basin, Australia. Journal of Hydrology, 518, 28–41.
   Web of Science ®Google Scholar
• Yagüe, J. (2008). Experiencia de los instrumentos de mercado en España [The experience of market instruments in Spain]. Thematic week seven: Economics and financing - The role of market instruments in integrated water management. Tribuna del Agua, Expo Agua 2008, Zaragoza.
   Google Scholar