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Measuring Water Misallocation in California

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NBER2026-05-01 更新2026-05-16 收录
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This paper proposes and applies new methods to value water rights and assess misallocation across competing uses in California, the worlds fourth largest economy. The empirical strategy combines detailed microdata on farms, evapotranspiration, historical water rights, and the hydrological flow

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2026-05-01
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