A key challenge in managing semi-arid Basins, such as in the Murray-Darling in Australia, is to balance the trade-offs between the net benefits of allocating water for irrigated agriculture, and other uses, versus the costs of reduced surface flows for the environment. Typically, water planners...

Household survey data for 10 countries are used to quantify and test the importance of price and nonprice factors on residential water demand and investigate complementarities between household water-saving behaviors and the average volumetric price of water. Results show (1) the average...

The paper reviews current water reforms and initiatives in the Murray-Darling Basin from an economic perspective. It argues that while the principles (National Water Initiative) and rules (Water Act 2007) of water reform provide the framework to achieve the goals of reform, the financial...

Many urban communities are considering infrastructure investments to augment their water supply in response to actual or expected shortages due to weather variability and, in some cases, due to climate change. To address short-term imbalances between supply and demand, water utilities frequently...

A commonly applied policy to India's ongoing depletion of groundwater is feeder separation. Introduced in Gujarat as the Jyotigram Yojana (JGY) scheme, it provides a separate and rationed electricity supply to farmers and an unrationed power supply to non‐agricultural users. JGY is claimed to...

Water markets in Australia's Murray-Darling Basin (MDB) and the US west are compared in terms of their ability to allocate scarce water resources. The study finds that the gains from trade in the MDB are worth hundreds of millions of dollars per year. Total market turnover in water rights...

Fresh water supplies increasingly are under stress in many parts of the world due to rising populations, higher per capita incomes and corresponding consumption, greater environmental concerns, and the effects of climate change. Water rights and markets are part of the institutional menus for...