Groundwater extraction can have varied and diffuse effects. Negative external effects may include costs imposed on other groundwater users and on surrounding ecosystems. Environmental damages are commonly not reflected in market transactions. Groundwater transfers have the potential to cause...

Perth, Western Australia (pop. 1.6m) derives 60% of its public water supply from the Gnangara groundwater system (GGS). Horticulture, domestic self-supply, and municipal parks are other major consumers of GGS groundwater. The system supports important wetlands and groundwater-dependent...

The development of a market in groundwater usage rights can be inhibited by constraints arising from the institutional context. Such impediments may reduce the potential gains from trade and may generate high transaction costs for prospective traders. We analyse the regulations and policies...

This is a broad-ranging discussion of the role of economics and economists in the formation of government policies. The focus is on helping economists who wish to be influential in the policy process. The paper covers rationales for and against economist involvement in the policy process (market...

This research seeks to understand the impacts of the deregulation of export wheat marketing in Victoria’s western Wimmera. The dismantling of the single desk for wheat exports, operated by the Australian Wheat Board, was finalised in June 2008. In the five years since, no studies have...

A rising saline aquifer in the Coleambally Irrigation Area constitutes a common pool resource, characterised by costly exclusion and rival utilisation for regional irrigators. The approach outlined in general terms in this paper is the application of formal, empirical techniques to guide the...

To maximise the economic benefits of tradable emission permits or emission taxes, while keeping these emission pricing mechanisms politically acceptable, requires the use of payment thresholds. There is no other way to avoid the "rock versus hard place" dilemma posed by the standard, polar forms...

Agricultural R&D in many developing countries plays an important economic role. However, to sustain successful agricultural R&D requires adequate, reliable funding and sound management and governance. In many developing countries, generating reliable flows of R&D funds and ensuring their proper...

Avian Influenza (AI) has devastated the poultry industries in Viet Nam, Thailand and parts of Indonesia in 2003 and 2004. This paper is based on discussions undertaken in October 2004 between the author and Indonesian government officials, broiler company representatives and farmers from the...

The seemingly high degree of trade complementarity between Australia and China indicates that freer trade between these two countries is likely to lead to mutual trade gains. In this paper, this complementarity was assessed based on the use of revealed comparative advantage (RCA) indices. It is...