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Integrated Catchment Management (ICM) can be viewed as an institutional instrument designed to ameliorate losses of economic efficiency that have arisen due to incomplete specification of the privileges and restrictions attached to property rights. If applied appropriately ICM can facilitate the...
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When assessing farming strategies, it is important to account for the opportunities provided for tactically adjusting to outcomes of risk. The hypothesis that accounting for tactical adjustment is more important than accounting for risk attitude was supported in this study with regard to...
Persistent link: https://www.econbiz.de/10009398551
Soil salinisation and waterlogging are significant problems in the Irrigation Areas and Districts of southern New South Wales. Various actions can be taken at either a regional or farm level to alleviate these problems. District surface drainage, sub-surface drainage, pumping from deep aquifers...
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The whole farm financial effects of laser land forming were analysed using a two stage modelling procedure. In the first stage, linear programming models of representative Murrumbidgee Irrigation Area (MIA) rice farms were used to predict the profit-maximising activity mixes with and without...
Persistent link: https://www.econbiz.de/10005803970
Invasive animal pests inflict many kinds of damage on the environment, and threaten native fauna and flora. We attempt to value the benefits from the extra biodiversity that is protected if these threats were removed. The NSW Rural Lands Protection Board is a major agency that undertakes pest...
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Chinese grasslands are suffering considerable pressures from human and livestock populations. It has been estimated that 90% of Chinese grasslands are suffering from light to heavy levels of degradation. Allied to this is the low household income of herders and farmers dependant upon livestock...
Persistent link: https://www.econbiz.de/10005500660