Water trading, buybacks and drought in the Murray-Darling basin: lessons from economic modelling

TERM-H2O, a dynamic, multi-regional model has become a useful tool for analysing water policy issues in the Murray-Darling basin. Available data indicate that farm factor mobility has been an important avenue of adjustment to sharply reduced water availability during drought. The regional impacts of water buybacks in the basin are much smaller than otherwise as a consequence of this mobility.

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Year of publication:	2011-09
Authors:	Wittwer, Glyn ; Dixon, Peter
Institutions:	Centre of Policy Studies and Impact Project (COPS), Victoria University
Subject:	CGE modelling \| irrigation \| agricultural economics \| regional economies

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Extent:	application/pdf text/html
Series:	Centre of Policy Studies/IMPACT Centre Working Papers.
Type of publication:	Book / Working Paper
Classification:	c54 ; Q11 - Aggregate Supply and Demand Analysis; Prices ; Q15 - Land Ownership and Tenure; Land Reform; Land Use; Irrigation
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009318034