The Economics of the Ruataniwha Dam – Is it the son of Clyde?

P.J. Fraser, B.J. Ridler and W.J. Anderson

No 187492, 2014 Conference, August 28-29, 2014, Nelson, New Zealand from New Zealand Agricultural and Resource Economics Society

Abstract: This paper examines the economics of proposed Ruataniwha Dam. The paper finds: 1. For private investors to get a commercial return implies a water price that is uneconomic to farmers. If this is the case, the dam requires a substantial subsidy. 2. If the intention is to facilitate high intensity dairy units, then simply subsidising maize silage or palm kernel exfoliator (PKE) is a simpler and more flexible option. 3. If the Dam was to proceed, it should do so as a farmer-owned and underwritten venture – as this would align commercial risk and reward underpinned by a tangible bottom-line.

Keywords: Agribusiness; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Pages: 15
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:ags:nzar14:187492

DOI: 10.22004/ag.econ.187492

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