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Modelling Water Trade in the Southern Murray-Darling Basin AgEcon
Peterson, Deborah C.; Dwyer, Gavan; Appels, David; Fry, Jane.
This Productivity Commission staff working paper, 'Modelling Water Trade in the Southern Murray-Darling Basin', was released in November 2004. It examines the likely economic impacts of expanding water trade in the southern Murray-Darling Basin. The paper uses TERM-Water, a bottoms-up regional CGE model of the Australian economy, to examine the regional effects of expanding trade of irrigation water in the southern Murray-Darling Basin. The study finds that water trading dampens the impact of water allocation cuts on gross regional product (GRP). The benefits of introducing trading within irrigation districts are greater than the further benefits of expanding trade to between these regions. Permitting trade of seasonal allocations allows irrigators to...
Tipo: Working or Discussion Paper Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2004 URL: http://purl.umn.edu/31925
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