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| Crase, Lin; Dollery, Brian. |
| The efficient operation of livestock markets is contingent upon producers accessing relevant market information which assists adjustment to production and distribution. This article provides an analysis of the value of market information gleaned by producers attending public livestock auctions. The article uses the Travel Cost Method to quantify the value of this information and notes the limitations of applying the Travel Cost Method in this context. |
| Tipo: Journal Article |
Palavras-chave: Agribusiness; Livestock Production/Industries. |
| Ano: 1999 |
URL: http://purl.umn.edu/117042 |
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| Crase, Lin; O'Reilly, Leo; Dollery, Brian. |
| Water reform in NSW is being undertaken using an adaptive approach in recognition of the uncertainty and imperfect knowledge embodied in the riverine environment. However, the reform process also relies, in part, on the ability of markets for tradable water entitlements to develop and thereby assist in allocating scarce water resources to their highest value use. This article explores impediments to the formation of efficient markets in permanent tradable water entitlements in NSW. The article concludes that more attention should be paid to market failures and related problems which manifest themselves in thin markets for permanent water entitlements. |
| Tipo: Journal Article |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 2000 |
URL: http://purl.umn.edu/117840 |
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| Byrnes, Joel; Crase, Lin; Dollery, Brian. |
| The Australian National Water Initiative (NWI) builds on the foundations of earlier water reforms, attempts to correct earlier errors in both policy and its implementation, and seeks to better define some of the policy aims with the benefit of hindsight. However, despite the deliberate effort to improve on earlier reforms, the NWI still embodies a significant economic paradox. Although policymakers have shown their faith in the market insofar as allocating water between competing agricultural interests is concerned, they have not shown the same degree of faith in the ability of urban users to respond to price signals. This paper attempts to shed at least some light on this question by examining the responses of a number of State governments across... |
| Tipo: Journal Article |
Palavras-chave: Water reform; Urban water; Water market; Resource /Energy Economics and Policy. |
| Ano: 2006 |
URL: http://purl.umn.edu/116964 |
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| Crase, Lin; O'Keefe, Sue; Dollery, Brian. |
| State and Federal governments are increasingly reliant on the re-purchase of water access rights as a vehicle for bringing ‘over-allocation’ in the Murray- Darling Basin into check. Not surprisingly, this has attracted criticism from several quarters, usually on the basis that such mechanisms produce unnecessary hardship for rural communities. Set against this are the views of many economists who have bemoaned the modest endeavours of governments to actively use water markets and the ongoing proclivity of agencies to instead embark on public projects under the guise of water use efficiency (see, for example Watson 2008). This paper focuses specifically on water buyback and traces recent policy episodes in this context. The paper also offers details of... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 2009 |
URL: http://purl.umn.edu/47640 |
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| Crase, Lin; Dollery, Brian. |
| Although there has been a policy thrust towards making all Australians more cognisant of the relative scarcity of water resources, the approach adopted for urban dwellers differs markedly from that applied to irrigators. These differences are examined from a property-rights perspective focussing primarily on the institutional hierarchies in the Victorian water sector. The analysis reveals significant attenuation of urban dwellers’ rights, presumably on the basis of the information deficiencies that circumscribe urban water use. Alternative policy options are then proposed, which might alleviate some of these information deficiencies and simultaneously address the efficiency losses that attend the present arrangements. |
| Tipo: Journal Article |
Palavras-chave: Consumer demand; Institutional economics; Water management and policy; Resource /Energy Economics and Policy. |
| Ano: 2006 |
URL: http://purl.umn.edu/116975 |
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