In this paper we explain the economic evaluation system developed by economists―in conjunction with senior managers―for the Department of Natural Resources and Environment’s Agriculture Division. This evaluation system has two components: qualitative and quantitative. The former focuses...

In this paper, we develop a formal model that combines point-source emitters of waste, with landholders that can provide pollution-offset activities, in one ‘environment economy’. We use the model to demonstrate the societal benefits of such a system relative to a stand-alone tradable permit...

Modelling of cropping or crop-pasture rotations to date has been based on a predetermined, restricted set of rotations as “activities” of a Linear Programming matrix. This approach limits the use of such models to evaluate new crop varieties and potential rotations. It also results in the...

Due to the existence of interactions between crops, pasture and livestock, crop-pasture rotations are more complex systems to model compared to continuous cropping rotations. The inclusion of a “long fallow” phase that interacts with both crops and livestock further increases this...

Australia is subject to widespread droughts, with significant financial implications for agricultural producers, regional, state and national economies. Most economic assessments conclude there is no economic efficiency case for governments to provide drought assistance. However, significant...

In this paper we present results of a statistical analysis of 380 landholders in the North Central and North East regions in Victoria that were interviewed after the first bidding round of the BushTender scheme. This survey asked questions about the economic, attitudinal and demographic factors...

The efficiency implications of different property right allocations when two environmental goods can be produced under the condition of economies of scope are analysed. It is assumed that an environmental agency – acting on behalf of the community – employs an auction‐based mechanism to...

This paper reports on a Catchment Modelling Framework (CMF) designed to support an Australian pilot of an auction for multiple environmental outcomes EcoTender. The CMF is used to estimate multiple environmental outcomes including carbon, terrestrial biodiversity, aquatic function (water quality...