Misallocation of Water and Trade: A Political Economy Approach

• In Event: Navigating Regulation: Technology, Resources, and the Modern Market

Brief Overview

We develop a model that explores the impact of trade policy on the allocation of water rights and water use. We structurally estimate parameters of the model to assess the effect of water misallocation of trade and production.

Authors

• Kishore Gawande, University of Texas at Austin

• Pablo Martin Pinto, University of Houston

• Santiago M Pinto, Federal Reserve Bank of Richmond