Transaction Costs, Modes, and Scales from Agricultural to Industrial Water Rights Trading in an Inland River Basin, Northwest China | |
Deng, Xiaohong; Song, Xiaoyu; Xu, Zhongmin | |
刊名 | WATER
![]() |
2018-11-01 | |
卷号 | 10期号:11页码:16 |
关键词 | transaction costs water rights transaction modes transaction scales |
ISSN号 | 2073-4441 |
DOI | 10.3390/w10111598 |
通讯作者 | Deng, Xiaohong(dengxiaohong2528@163.com) |
英文摘要 | Water transactions from agriculture to industry have become an important means to address water scarcity and improve water economic efficiency. Transaction costs (TCs) are one of the main factors preventing water markets from forming or efficiently operating. To evaluate the level of transactions costs, we set the appropriate transaction modes for cross-sector lever water trading and evaluated the TCs from agriculture to industry in the Heihe River Basin (HRB), an inland basin in northwest China. We found that the ranges of transaction costs per m(3) of water ranged from 0.06 to 1.10 yuan, and the ratios of TCs to transaction prices ranged from 4.11% to 244.44%. The transaction scale should be more than 15,267 m(3) or 29,888 m(3) when the TC is at the lower or upper limit in the study area. When the transaction scales are set correctly, the range of the transaction costs will be in an acceptable range, and the proportion of TCs to transaction price will not exceed the 8% limit of the California Water Bank, which was employed as a comparison. The key restrictive factor of water trading in HRB may be the low transaction scale, followed by the high water TCs. The effects of improving water use efficiency in cross-sector trading could not neutralize the restrictions caused by the negative effects of small water demand transaction scales for undeveloped secondary industries in HRB. However, considering the industrial structure and development trends of the regional economy, the future driving force of water transactions across sectors likely lies in tertiary industries in HRB. |
收录类别 | SCI ; SSCI |
WOS关键词 | MARKETS ; ALLOCATION ; PERFORMANCE ; EFFICIENCY ; EVOLUTION ; ECONOMY ; DESIGN |
WOS研究方向 | Water Resources |
WOS类目 | Water Resources |
语种 | 英语 |
出版者 | MDPI |
WOS记录号 | WOS:000451736300105 |
内容类型 | 期刊论文 |
URI标识 | http://www.corc.org.cn/handle/1471x/2558238 |
专题 | 寒区旱区环境与工程研究所 |
通讯作者 | Deng, Xiaohong |
作者单位 | Chinese Acad Sci, Northwest Inst Ecoenvironm & Resources, Key Lab Ecohydrol Inland River Basin, Lanzhou 730000, Gansu, Peoples R China |
推荐引用方式 GB/T 7714 | Deng, Xiaohong,Song, Xiaoyu,Xu, Zhongmin. Transaction Costs, Modes, and Scales from Agricultural to Industrial Water Rights Trading in an Inland River Basin, Northwest China[J]. WATER,2018,10(11):16. |
APA | Deng, Xiaohong,Song, Xiaoyu,&Xu, Zhongmin.(2018).Transaction Costs, Modes, and Scales from Agricultural to Industrial Water Rights Trading in an Inland River Basin, Northwest China.WATER,10(11),16. |
MLA | Deng, Xiaohong,et al."Transaction Costs, Modes, and Scales from Agricultural to Industrial Water Rights Trading in an Inland River Basin, Northwest China".WATER 10.11(2018):16. |
个性服务 |
查看访问统计 |
相关权益政策 |
暂无数据 |
收藏/分享 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。
修改评论