Peterson, D.; Dwyer, G.; Appels, D.; Fry, J. - EconWPA - 2005
Released in November 2004, the paper uses TERM-Water, a bottoms-up regional CGE model of the Australian economy, to … examine the regional effects of expanding trade of irrigation water in the southern Murray- Darling Basin. The study finds … that water trading dampens the impact of water allocation cuts on gross regional product (GRP). The benefits of introducing …