As water markets continue to evolve throughout the western U.S., understanding what factors influence the price of water is informative to water users seeking to engage in transactions. Using 690 water lease transactions and 1,351 water rights transactions from the journal Water Strategist we analyze and provide insights into the effect of user type in the transaction process, hydrologic conditions, geographic location and lease length upon water prices. This analysis is conducted for both a rights transfer and leasing marketplace.
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Toll et al. (2019) studied this question.
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