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Water Allocation and Supply Reliability in the Murrumbidgee Valley AgEcon
Jones, Randall E.; Musgrave, Warren F.; Bryant, Mike.
The objective of this study is to determine the average annual income and income variance of alternative irrigation water allocations and associated supply reliabilities in the Murrumbidgee Valley. Traditionally, water supply authorities have aimed to supply irrigators with their full allocations in all but the most severe drought years. This means that a substantial amount of water is held in storage as a reserve and in most years it is not utilised for irrigation or other, including environmental, purposes. In a climate where maximum economic returns for resources are required, water supply authorities are now reconsidering this policy of high reliability with a view to expanding water use for agricultural and environmental purposes. This study uses...
Tipo: Journal Article Palavras-chave: Resource /Energy Economics and Policy.
Ano: 1992 URL: http://purl.umn.edu/7422
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