In addition to environmental factors, the welfare of farming communities in most developing countries depends largely on the credibility of organizations that regulate, implement, and protect different institutional arrangements for facilitating coordination between people. This study adopts the...

New Mexico (NM) passed a Greenbelt law (NM Stat § 7-36-20) in 1967 offering tax subsidies to agricultural landowners. The law illuminates a disconnect between land and water policy: it has water policy implications, but it has never been discussed accordingly. We estimate that in 2020, Rio...