In this paper, we use TERM-Water, a bottoms-up regional computable general equilibrium model of the Australian economy, to examine the regional effects of expanding trade of irrigation water in the southern Murray-Darling basin. We find that water trading dampens the impact of water allocation...

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...