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Registros recuperados: 12 | |
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Pagan, Phil; Peezey, J.. |
The Australian Capital Territory (ACT) became a full participant in the Murray Darling Basin (MDB) Initiative in 1998. This opened the opportunity for the ACT to establish water trading arrangements with the other MDB member States. Provisions to facilitate this trade are currently being developed. In addition, the ACT is required to negotiate an initial “Cap” level with the other MDB members before water trading can begin. The Cap defines the amount of water resources for which each State has extractive rights, and is based on 1993/94 levels of water utilising development. This paper investigates alternative trading strategies that could be used to “build” Cap over time, and explores the implications for negotiation of the initial ACT Cap endowment. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Water resources; Water markets; Trading strategy; Australian Capital Territory; Resource /Energy Economics and Policy. |
Ano: 2003 |
URL: http://purl.umn.edu/58197 |
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Brennan, Donna C.. |
The nature of the seasonal water market is examined using a theoretical model and empirical evidence from the Victorian market. Drivers of the seasonal opportunity cost of water include the underlying nature of investment in the industry made in the context of risky entitlement yields; and the timing and nature of information regarding seasonal water availability and rainfall. Seasonal water markets facilitate the reallocation of water availability according to this short-run opportunity cost. Evidence from the market suggests that transactions costs are low and most of the existing constraints to trade in seasonal allocations are the result of hydrological conditions. Analysis of market data suggests that the price response of the market to water... |
Tipo: Journal Article |
Palavras-chave: Irrigation; Water markets; Water policy reform; Resource /Energy Economics and Policy. |
Ano: 2006 |
URL: http://purl.umn.edu/116976 |
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Nagaraj, N.; Kumar, A.H. Suvarna; Chandrakanth, Mysore G.. |
Groundwater, unlike surface water, is expensive and relatively scarce and hence should be used to grow crops that are responsive to protective irrigation, require less water and are remunerative. Sellers and buyers of groundwater have put large areas under paddy, a water-intensive crop. This needs to be disciplined through effective groundwater institutions. Groundwater literacy has to be promoted by educating farmers on the pros and cons of overexploitation. For farmers who do not own wells, one way to enable access to water is through group investments in well irrigation. This would require provision for institutional credit for such groups and energization of pumpsets. This will provide an environment of sharing available groundwater and the associated... |
Tipo: Report |
Palavras-chave: Water markets; Resource /Energy Economics and Policy. |
Ano: 2005 |
URL: http://purl.umn.edu/43785 |
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Calatrava-Leyva, Javier; Garrido, Alberto. |
Water availability in semiarid regions usually exhibits patterns of extreme variability. Even in intensively controlled basins, some users are subject to low levels of water reliability, and more vulnerable to periods of extreme scarcity. To reduce their risk exposure more flexible instruments, such as voluntary exchanges of water among users, are required. Recent changes in the Spanish water Law have given an initial impulse to allow for leases of water use rights. Properly designed and monitored, this instrument provides some flexibility to water management, and may increase the economic use efficiency as well as mitigate the adverse economic effects of droughts. This paper looks at the risks and uncertainty dimensions of water markets, which have not... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Uncertainty; Farm modelling; Water markets; Water supply; Resource /Energy Economics and Policy. |
Ano: 2002 |
URL: http://purl.umn.edu/24820 |
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Wheeler, Sarah Ann; Bjornlund, Henning; Shanahan, Martin; Zuo, Alec. |
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 |
Palavras-chave: Water allocations demand; Water allocations supply; Price elasticity; Water markets; Resource /Energy Economics and Policy. |
Ano: 2008 |
URL: http://purl.umn.edu/117737 |
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Registros recuperados: 12 | |
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