Measuring Water Misallocation in California

Will Rafey
This is a preliminary draft and may not have been subjected to the formal review process of the NBER. This page will be updated as the chapter is revised.
CONFERENCE HELD November 20-21, 2025
Book: Risk and Risk Management in the Agricultural Economy
Book editors: Barry Goodwin & Tatyana Deryugina
PUBLISHER: University of Chicago Press
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  • Will Rafey, Risk and Risk Management in the Agricultural Economy (University of Chicago Press, 2026), chap. 7, https://www.nber.org/books-and-chapters/risk-and-risk-management-agricultural-economy/measuring-water-misallocation-california.

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