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Resource Management's Act current “first come first served” method of distributing water rights is fast becoming inadequate to handle this increasingly over-allocated factor of production. Water markets or tariffs are one way to achieve allocative efficiency. To establish such markets or...
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Canterbury freshwater management is the focus of important decisions with significant challenges. Applying choice modelling, this study explores how Canterbury residents value freshwater attributes related to environmental, economic, social and cultural elements of wellbeing. In particular, this...
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Historically NZ dairy farming has held a position as the lowest cost, non-subsidized producers at the farm gate. Recently, this position has been eroded as a result of increases in labor and land costs, while other emerging countries, such as Argentina and Ukraine, have adopted lower cost...
Persistent link: https://www.econbiz.de/10010882160
Producers of agricultural commodities treat world commodity prices as exogenous. Prices facing regional producers can also be considered exogenous when we aggregate producers over small districts, and even across New Zealand. Through estimation of a vector autoregressive (VAR) model, under a...
Persistent link: https://www.econbiz.de/10010916371
This paper describes further progress in a new approach to stakeholder consultation for policies about agricultural land uses and water quality in rural waterways; a process that was begun early in 2012. The initial consultation events provided the basis for a future draft of Greater Wellington...
Persistent link: https://www.econbiz.de/10010920194