The Economics of Coastal Irrigation Schemes: A Case Study

R.N. Richmond

Review of Marketing and Agricultural Economics, 1971, vol. 39, issue 03, 10

Abstract: This paper examines the economic feasibility of Lostock Dam on the Paterson River, N.S.W. under a number of assumptions as to the resulting quantity and type of additional output. It is shown that the dam has a benefit-cost ratio greater than one only when the additional water is fully utilized and the discount rate is 5 per cent. However farmer estimates indicate that only a proportion of the extra water will be used, in which case the benefit-cost ratio is less than 0.1.

Keywords: Resource/Energy; Economics; and; Policy (search for similar items in EconPapers)
Date: 1971
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Persistent link: https://EconPapers.repec.org/RePEc:ags:remaae:9578

DOI: 10.22004/ag.econ.9578

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