Evaluation of value of irrigation water is essential for supporting policy decision making relating to investments in the irrigation sector, efficient allocation of irrigation water and water pricing and for crafting policies to compare the variable impacts of water reform within and across...

The recent drought saw the lowest inflows on record in the Murray-Darling Basin in 2006. Water use by irrigation in 2007-8 and 2008-9 was about one third that of pre-drought levels. Understanding how irrigation adapted to less water is key both to provide information to help plan for the future...

quantity and quality issues raise concerns about sustainable use of natural resources in the basin. In particular there are concerns about damages from increasing salinity and reduced flow in the River on built and ecological assets. There is also concern that climate change, increased water...

In the last decade, the Murray-Darling Basin (MDB), Australia faced a severe drought which affected its agriculture production. Sustainable diversion limits as proposed in the Australian Government’s basin plan together with climate change is expected to impact on future agriculture production...

This article is an economic analysis of reallocating River Murray Basin water from agriculture to the environment with and without the possibility of interregional water trade. Acquiring environmental flows as an equal percentage of water allocations from all irrigation regions in the Basin is...

In this paper the impact of public policies such as subsidies and taxation on invasive species management is explored in a Markov chain framework. Private agents react to public incentives based upon their long term expected profits and have the option of taking measures such as abatement,...

This paper explores the concept of agricultural resilience in the context of climate change related water scarcity. Specifically, the impact of water scarcity on agricultural production is analyzed to derive the timing of exit decisions for farmers faced with the prospect of declining...

Replaced with revised version of paper 06/18/08. Former title: Non-Linearity in Belief and Environmental Risk Dynamics

This Paper designs a political economy model of invasive species management in order to explore the effectiveness of tariffs in mitigating the risk of invasion. The revenue interests of the government together with the interests of the lobby group competing with the imported agricultural...