An Analysis of Watermove Water Markets

Robert Brooks and Edwyna Harris

No 10/05, Monash Econometrics and Business Statistics Working Papers from Monash University, Department of Econometrics and Business Statistics

Abstract: This paper conducts an analysis of the water markets in Victoria covered by Watermove. The analysis in this paper examines the weekly trading activity across trading zones. For the majority of trading zones there is little trading activity that occurs. There are three trading zones in which the markets for temporary water rights are reasonably active and liquid on a weekly basis, and for these zones an analysis is conducted of their demand and supply elasticities and consumer and producer surplus. The results of this analysis suggest a stronger relationship on the supply side between prices, volumes, elasticity and producer surplus.

Keywords: Water; Water markets; Elasticities; Consumer and Producer Surplus (search for similar items in EconPapers)
JEL-codes: Q25 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2005-05
New Economics Papers: this item is included in nep-env
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Citations: View citations in EconPapers (3)

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