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2012 Conference (56th), February 7-10, 2012, Fremantle, Australia >
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http://purl.umn.edu/125063
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| Title: | Transboundary Water Management: A joint management approach to the Mekong River Basin |
| Authors: | Houba, Harold Pham Do, Kim Hang Zhu, Xueqin |
| Keywords: | Joint River-Basin Management Transboundary River Nash Bargaining Solution Optimization Mekong
River. |
| JEL Codes: | C71 C72 D62 |
| Issue Date: | 2012 |
| Abstract: | The Mekong River is shared by six Asian countries. Over the years there has been both conict
and cooperation on managing the water resources to meet population growth, climate change and the desire
for economic development. This paper exploits an axiomatic bargaining approach to examine how China and
the Mekong River Commission (MRC) might negotiate e¤ective joint management. We show that there are
signi
cant welfare gains from cooperation in this region; an exogenous budget provides stronger incentives
for cooperation; and the MRC should be extended to include all a¤ected nations for sustainable management
and future development. The economic costs of the current weak governance and its e¤ects on the negotiated
joint management are discussed.. |
| URI: | http://purl.umn.edu/125063 |
| Institution/Association: | Australian Agricultural and Resource Economics Society>2012 Conference (56th), February 7-10, 2012, Freemantle, Australia |
| Total Pages: | 16 |
| Collections: | 2012 Conference (56th), February 7-10, 2012, Fremantle, Australia
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