Lessons of the Rosen study: District control of water transfers likely to benefit landowners
AuthorRodney T. Smith
Author AffiliationsR. T. Smith is a professor of economics at Claremont McKenna College, founding co-editor of Water Strategist: A Quarterly Analysis of Water Marketing, Finance, Legislation, and Litigation, and a co-editor of Water Intelligence Monthly.
Hilgardia 46(6):8-11. DOI:10.3733/ca.v046n06p8. November 1992.
Provided that their districts pursue water transfer opportunities in good faith, landowners benefit from district control of water transfers. Rosen's case study suggests that the value of district control may be substantial. But contrary to Rosen's assertion, tenant farmers need not fear economic loss from water transfers.
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