Economics of interstate river compacts: Efficiency, compliance and climate change. Cooperative thesis No. 151
Thesis/Dissertation
·
OSTI ID:56487
In the arid and semi-arid regions of the western United States, recent drought have drawn attention to interstate differences in water scarcity and the possibility of differences in the marginal economic values of water. In some cases, interstate differences in the marginal value of water may occur within a river basin where available screamflow is allocated by an interstate compact. The allocation rules embodied in the compacts determine the extent to which the relative marginal values fluctuate as streamflows fluctuate. This dissertation addresses these issues by examining the effects of interstate compacts in the western United States. Existing interstate river compacts are surveyed, summarized and categorized by type. A model is used to compare the economic efficiency of interstate water allocation under the two alternative compact types.
- Research Organization:
- National Center for Atmospheric Research, Boulder, CO (United States)
- OSTI ID:
- 56487
- Report Number(s):
- PB--95-201992/XAB; NCAR/CT--151
- Country of Publication:
- United States
- Language:
- English
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