Data/hora: 09/06/2024 06:43:16

Provedor de dados: | 31
País: | United States
Título: | Price elasticity of water allocations demand in the Goulburn–Murray Irrigation District
Autores: | Wheeler,   Sarah Ann; Bjornlund,   Henning; Shanahan,   Martin; Zuo,   Alec.
Data: | 2011-11-10
Ano: | 2008
Palavras-chave: | Water allocations demand; Water allocations supply; Price elasticity; Water markets; Resource /Energy Economics and Policy.
Resumo: | Bid prices for the demand and supply of water allocations between 2001 and 2007, and average monthly prices paid for water allocations from 1997 to 2007 in the Goulburn– Murray Irrigation District are analysed to estimate price elasticities. Based on bid prices, the price elasticity of demand for water allocations appears highly elastic, with elasticities strongly influenced by the season and drought. The price elasticity of supply for water allocations is also elastic, albeit less elastic than demand. Using actual prices paid, water demand is negatively related to price and is inelastic, and appears to be most influenced by demand the previous month, drought and seasonality factors.
Tipo: | Journal Article
Idioma: | Inglês
Identificador: | http://purl.umn.edu/117737
Relação: | Australian Journal of Agricultural and Resource Economics&gt;Volume 52, Issue 1, March 2008
Formato: | 19