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Registros recuperados: 4
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Environmental flow allocation and counter-cyclical trading in the River Murray System AgEcon
English, Ben; Brearley, Taron; Coggan, Anthea.
Australia's climate is characterized by highly variable rainfall. As a consequence, many aspects of riverine ecosystems need both very wet and very dry periods to function effectively. This contrasts with water demands from industrial and agricultural sectors, which place a premium on access to a constant supply of water. This combination of demands suggests there could be considerable value in using water banking and trading mechanisms to reduce the social cost of achieving environmental objectives. In this paper, the concept of counter-cyclical trading is outlined and influences on its potential for reducing the cost of achieving environmental flow objectives evaluated. The potential value of using mechanisms to enable counter-cyclical trading across low...
Tipo: Conference Paper or Presentation Palavras-chave: Environmental flow; Counter-cyclical; Water trading; Water banking; River Murray System; Demand and Price Analysis; Resource /Energy Economics and Policy.
Ano: 2004 URL: http://purl.umn.edu/58407
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Third-party effects of water trading and potential policy responses AgEcon
Heaney, Anna; Dwyer, Gavan; Beare, Stephen; Peterson, Deborah C.; Pechey, Lili.
A key feature of water policy reform in Australia has been the separation of water access entitlements from land titles and the establishment of markets for water. However, the separation of water entitlements from land failed to account for a number of characteristics that were implicit in the joint right. This has given rise to a number of third-party effects as water is traded in an incomplete market. This paper describes four third-party effects of water trade; reliability of supply, timeliness of delivery, storage and delivery charges, and water quality and examines policy responses to address these effects. The discussion draws on the concepts of exclusiveness and rivalry to determine the applicability of property rights and other solutions to the...
Tipo: Journal Article Palavras-chave: Property rights; Water trading; Third-party effects; Resource /Energy Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/116967
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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?) AgEcon
Young, Michael D.; McColl, James C..
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.
Tipo: Conference Paper or Presentation Palavras-chave: Interception; Water accounting; Water rights; Water markets; Water trading; Resource /Energy Economics and Policy.
Ano: 2008 URL: http://purl.umn.edu/6037
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The potential impact of markets for irrigation water in Italy and Spain: a comparison of two study areas AgEcon
Pujol, Joan; Raggi, Meri; Viaggi, Davide.
The viability of irrigated systems in Southern Europe is closely linked to efficient institutional settings and water-allocation mechanisms. A significant, although not widely used, mechanism for water allocation is an intra-sectorial water market. The objective of this paper is to evaluate to what extent water markets may contribute to the improvement of the efficiency of water allocation and to the profitability of irrigated agriculture. The related issues of water allocation among farm types and farm specialisation are also addressed. The analysis is based on a basin-level linear programming model, comparing the situation with and without a market. It includes both fixed and variable transaction costs and estimates their combined effects on market...
Tipo: Journal Article Palavras-chave: Water trading; Natural resource management; Simulation; Water management and policy; Linear programming; Irrigation; Resource /Energy Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/116971
Registros recuperados: 4
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