Performance evaluation of China's agricultural water rights markets (2002–2020)

Abstract The water rights market has been promoted in China since 2000. The lack of data and suitable evaluation methods impeded efforts to evaluate the market performance systematically. This research examines the characteristics, performance, and variation of China's agricultural water rights market (AWRM) on the basis of data from the field investigation, China Water Exchange, academic literature, and policy documents. We construct a …