Petterini, Francis C. - In: EconomiA 19 (2018) 2, pp. 187-200
The paper examines the possibility of a water market in Brazil. The US market, probably the oldest and most well-documented one, is initially analyzed. In the American West, over the past 140 years the so-called "water rights" can be sold or rented. However, mainly due to high transaction costs,...