Economies of Scale and Scope in River Basin Management
Economies of Scale and Scope in River Basin Management
Overview
This paper provides pragmatic guidance for more effective water management. The paper argues that collaboration between specialized agencies is socially desirable when economies of scale or scope exist in an area of interest that cannot be addressed by any one specialized organization. Collaboration allows stakeholders to pool resources and capitalize on economies of scale. The paper defines economies of scale and scope, provides examples of each in a United States setting, and addresses challenges to implementation.