Grafton, R. Quentin; Libecap, Gary D.; Landry, Clay; … - Crawford School of Public Policy, Australian National … - 2009
Water markets in Australia’s Murray-Darling Basin and the western US are compared in terms of their ability to mitigate water scarcity. The two regions share: (1) climate variability that requires large investment in water storages; (2) the need for internal and cross-border (state) water...