Showing 1 - 10 of 39
Groundwater extraction can have varied and diffuse effects. Negative external effects may include costs imposed on other groundwater users and on surrounding ecosystems. Environmental damages are commonly not reflected in market transactions. Groundwater transfers have the potential to cause...
Persistent link: https://www.econbiz.de/10010920187
Perth, Western Australia (pop. 1.6m) derives 60% of its public water supply from the Gnangara groundwater system (GGS). Horticulture, domestic self-supply, and municipal parks are other major consumers of GGS groundwater. The system supports important wetlands and groundwater-dependent...
Persistent link: https://www.econbiz.de/10010920191
The development of a market in groundwater usage rights can be inhibited by constraints arising from the institutional context. Such impediments may reduce the potential gains from trade and may generate high transaction costs for prospective traders. We analyse the regulations and policies...
Persistent link: https://www.econbiz.de/10009368786
This is a broad-ranging discussion of the role of economics and economists in the formation of government policies. The focus is on helping economists who wish to be influential in the policy process. The paper covers rationales for and against economist involvement in the policy process (market...
Persistent link: https://www.econbiz.de/10008802829
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...
Persistent link: https://www.econbiz.de/10005500658
We argue for greater recognition of the risky nature of most policy decisions. In this context we discuss the gulf between public risk perceptions and attitudes and those of 'experts'. Public views of risk are often inconsistent and seemingly irrational. They nevertheless influence policy...
Persistent link: https://www.econbiz.de/10005500671
After more than a decade in opposition, the win by the Australian Labor Party (ALP) at the 2007 Federal Election focuses attention on their pre-election policies. The paper summarises ALP pre-election policies for primary industries, including the resources and seafood sectors; indicates program...
Persistent link: https://www.econbiz.de/10005536239
This research seeks to understand the impacts of the deregulation of export wheat marketing in Victoria’s western Wimmera. The dismantling of the single desk for wheat exports, operated by the Australian Wheat Board, was finalised in June 2008. In the five years since, no studies have...
Persistent link: https://www.econbiz.de/10010880480
A rising saline aquifer in the Coleambally Irrigation Area constitutes a common pool resource, characterised by costly exclusion and rival utilisation for regional irrigators. The approach outlined in general terms in this paper is the application of formal, empirical techniques to guide the...
Persistent link: https://www.econbiz.de/10010880584
To maximise the economic benefits of tradable emission permits or emission taxes, while keeping these emission pricing mechanisms politically acceptable, requires the use of payment thresholds. There is no other way to avoid the "rock versus hard place" dilemma posed by the standard, polar forms...
Persistent link: https://www.econbiz.de/10010880585