Standardization of Exchanged Water with Different Properties in China's Water Rights Trading

International Journal of Environmental Research and Public Health
Junyuan ShenZhou Fang

Abstract

Water rights trading is an effective way to optimize the allocation of water resources. However, the existing practice of water rights trading in China lacks any consideration of the practical value of the exchanged water. This deficiency may lead to disputes between transferor and transferee during the implementation of the water rights trading contract. This paper puts forward the concept of Standard Water (SW). First, getting the original value of exchanged water by the shadow price model based on input-output table; Second, based on the original value, building the economic profits or costs model to obtain the practical value of exchanged water; Third, establishing SW quantity measurement model according to the principle of rewarding excellence and punishing inferiority, so as to convert the water quantity of exchanged water into SW quantity. With the standardization method, this paper takes the water rights transaction between Dongyang City and Yiwu City in 2000 as an example to carry out case study, and provides policy recommendations. The results show that when the contract requires the provision of 49.999 million m3 water of Class I the quality, if the exchanged water quality provided is in Class II-V, the corresponding...Continue Reading

References

Jun 20, 2002·Anaesthesia·L Cheater, P Jameson
Oct 7, 2004·The International Journal of Applied Philosophy·Keith Bauer
Sep 15, 2005·Environmental Monitoring and Assessment·Shan-Zhong Qi, Fang Luo

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Citations

Mar 7, 2021·International Journal of Environmental Research and Public Health·Xiao-Yuan WuXia Xu

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