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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
The success of any groundwater management plan depends on user compliance. There is an intimate relationship between regulatory regimes and pumper perceptions. As well as its enforcement powers, an agency's behavior sends information to users. While enforcement power need not always be used to...
Persistent link: https://www.econbiz.de/10011105612
Previously titled: The scope for institutional autonomy in a large groundwater basin: the potential for collective action in Western Australia
Persistent link: https://www.econbiz.de/10010920183
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