Note on the value, cost and rent of irrigation water

Julio Berbel

Abstract

The goal of this note is to pay homage to Professor Ballestero by reviewing briefly con-cepts that are part of his academic contribution to economic science and agricultural economics specifica-lly. The note focuses in key definitions in the water economics that center the public and political debate, in this field Prof. Ballestero made a seminal contribution.

Keywords

Irrigated agriculture; resource rent; valuation of natural resources; water economics

Subject classification

Q25, D46.

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References

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