ASyD

ISSN: 1870-5472

Números publicados:

Volumen 9, Número 1. Ene-Mar 2012

VALUATING TECHNOLOGICAL CHANGE: VISIBLE OR INVISIBLE RENT IN IRRIGATOR SOCIETIES FOR VALUATION BASED ON THE NEW LAND LAW (LS 2/2008) IN SPAIN

Abstrac


In this study, a new valuation model is proposed for underground water extraction for irrigation, within the framework of the new Land Law (Ley del Suelo) in Spain. For this purpose, a method for rent capitalization, real or potential, is applied under different possible scenarios in irrigator communities in the province of Valencia, depending on the procedure for price fixing of water sold to members and the adoption of new localized irrigation technologies. In practice, water prices are equivalent to unit costs, which is why the actual rent of the exploitation is made invisible, and to make it isible, a water price must be considered. Consideration of the potential rent versus the real rent does not influence the value of societies that use new irrigation technologies, contrary to what happens in exploitations with traditional irrigation systems, which elevate their value.

Palabras clave: underground water, capitalization, costs, real and potential rent, flood irrigation and localized irrigation

Volumen 9, Número 1

Volumen 9, Número 1
Ene-Mar 2012


Director

Said Infante Gil


Director de ASyD

Benito Ramírez Valverde


Comité Asesor Editorial Interno

Ma. Eugenia Chávez Arellano
Juan Antonio Leos Rodríguez
Jaime Matus Gardea
Jacinta Palerm Viqueira
Verónica Vázquez García
Emma Zapata Martelo
Pilar Alberti Manzanares
Colegio de Postgraduados · Estadística · Km 36.5 Carretera México-Texcoco · 56230
Apartado Postal 199 · 56190 · Texcoco Edo. de México
asyd@colpos.mx · www.colpos.mx/asyd/asyd.htm