WATER TRANSFER AND ECONOMIC DEVELOPMENT

An aspect of water resource development that has currently generated a good deal of interest among economists relates to the ‘economics of water transfer.’ Some recent investigations in this connection have studied the impact of transferring water from conventional uses (mainly agricultural) to newly emerging uses (e.g., pollution abatement, recreational, and industrial). The results of these studies indicate that water transfer contributes to economic growth, both directly and indirectly.