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Water is essential for sustainable agricultural development - for irrigation of crops, livestock watering, processing, and sustaining farm families. Agriculture uses 71 percent of all water diverted for consumptive use in Canada (Environment Canada, 2004), and is by far the greatest water...
Persistent link: https://www.econbiz.de/10005070242
Bid prices for the demand and supply of water allocations between 2001 and 2007, and average monthly prices paid for water allocations from 1997 to 2007 in the Goulburn– Murray Irrigation District are analysed to estimate price elasticities. Based on bid prices, the price elasticity of demand...
Persistent link: https://www.econbiz.de/10009398491