Water markets in Australia's Murray-Darling Basin (MDB) and the US west are compared in terms of their ability to allocate scarce water resources. The study finds that the gains from trade in the MDB are worth hundreds of millions of dollars per year. Total market turnover in water rights...

In this paper we consider both hydrology and governance as critical dimensions for irrigation water security. We scale down the overall water security concept to the agricultural sector, suggest an index of irrigation water security faced by farmers, and provide an empirical illustration in the...

In recent years, the trend for foreign actors to secure land for agricultural production in low-income countries has increased substantially. The concurrent acquisition of water resources changes the institutional arrangement for water management in the investment areas. The consequences of...

In this paper we consider both hydrology and governance as critical dimensions for irrigation water security. We scale down the overall water security concept to the agricultural sector, suggest an index of irrigation water security faced by farmers, and provide an empirical illustration in the...

In recent years, the trend for foreign actors to secure land for agricultural production in low-income countries has increased substantially. The concurrent acquisition of water resources changes the institutional arrangement for water management in the investment areas. The consequences of...

Water markets in Australia’s Murray-Darling Basin (MDB) and the US west are compared in terms of their ability to allocate scarce water resources among competing uses. Both locations have been in the forefront of the development of water markets with defined water rights and conveyance...