Modelling Water Trade in the Southern Murray-Darling Basin

D. Peterson, G. Dwyer, David Appels () and Jane Fry
Additional contact information
D. Peterson: Productivity Commission
G. Dwyer: Productivity Commission

Urban/Regional from University Library of Munich, Germany

Abstract: Released in November 2004, the paper uses TERM-Water, a bottoms-up regional CGE model of the Australian economy, to examine the regional effects of expanding trade of irrigation water in the southern Murray- Darling Basin. The study finds that water trading dampens the impact of water allocation cuts on gross regional product (GRP). The benefits of introducing trading within irrigation districts are greater than the further benefits of expanding trade to between these regions. Permitting trade of seasonal allocations allows irrigators to reallocate water in reaction to climatic conditions and water availability - and it is this flexibility that enables GRP reductions to be minimised.

Keywords: southern murray-darling basin; CGE model; irrigation water; water allocation; water trade (search for similar items in EconPapers)
JEL-codes: R (search for similar items in EconPapers)
Pages: 95 pages
Date: 2005-06-06
New Economics Papers: this item is included in nep-agr, nep-geo and nep-int
Note: Type of Document - pdf; pages: 95
References: View complete reference list from CitEc
Citations: View citations in EconPapers (10)

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https://econwpa.ub.uni-muenchen.de/econ-wp/urb/papers/0506/0506007.pdf (application/pdf)

Related works:
Working Paper: Modelling Water Trade in the Southern Murray-Darling Basin (2004)
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpur:0506007

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