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	Provedor de dados AgEcon (1) Autor Brennan, Donna C. (1) Palavra-chave Irrigation (1) Resource /Energy Economics and Policy (1) Water markets (1) Water policy reform (1) Tipo do documento Journal Article (1) Ano 2006 (1) País United States (1) Idioma Inglês (1)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 1 Primeira ... 1 ... Última Water policy reform in Australia: lessons from the Victorian seasonal water market AgEcon 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 Registros recuperados: 1 Primeira ... 1 ... Última

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