| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Double trouble: The importance of accounting for and defining water entitlements consistent with hydrological realities (Conference title: Water Trading in the MDBC: How well is the market functioning?)
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| Autores: |
Young, Michael D.
McColl, James C.
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| Data: |
2008-05-09
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| Ano: |
2008
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| Palavras-chave: |
Interception
Water accounting
Water rights
Water markets
Water trading
Resource /Energy Economics and Policy
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| Resumo: |
When water entitlement and water sharing systems are mis-specified, that is specified in a manner that lacks hydrological integrity, inefficient investment and water use is the result. Using Australia's Murray Darling Basin as an example, this paper attempts to reveal the economic consequences of entitlement mis-specification. Options for specification of entitlement and allocation systems in a way that has hydrological integrity are presented. It is reasoned, that if entitlement and allocation system were set up in this manner the result would be an efficient allocation regime that would autonomously adjust to climatic shifts, changes in prices and changes in technology whilst maintaining environmental integrity.
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| Tipo: |
Conference Paper or Presentation
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| Idioma: |
Inglês
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| Identificador: |
29704
http://purl.umn.edu/6037
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| Relação: |
Australian Agricultural and Resource Economics Society - 2008>2008 Conference (52nd), February 5-8, 2008, Canberra, Australia
Conference Paper
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| Formato: |
15
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