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Outdoor water restrictions are usually implemented as bans on a particular type of watering technology (sprinklers), which allow households to substitute for labour-intensive (hand-held) watering. This paper presents a household production model approach to analysing the impact of sprinkler...
Persistent link: https://www.econbiz.de/10009398638
The potential for improving irrigation scheduling decisions and adoption of more efficient irrigation systems is explored using a bioeconomic simulation model of lettuce production on the Gnangara Mound near Perth, Western Australia. Sandy soils with poor water and nutrient holding capacity are...
Persistent link: https://www.econbiz.de/10009398647
The nature of the seasonal water market is examined using a theoretical model and empirical evidence from the Victorian market. Drivers of the seasonal opportunity cost of water include the underlying nature of investment in the industry made in the context of risky entitlement yields; and the...
Persistent link: https://www.econbiz.de/10009398803
This article discusses the key practical issues associated with defining property rights to water use, in the context of broadening the scope of the market for transferable water entitlements. In particular, the third party impacts of water trade and the need for improved water trading rules are...
Persistent link: https://www.econbiz.de/10009398811
Up to 60 per cent of potable water supplied to Perth, Western Australia, is extracted from the groundwater system that lies below the northern part of the metropolitan area. Many of the urban wetlands are groundwater-dependent and excessive groundwater extraction and climate change have resulted...
Persistent link: https://www.econbiz.de/10011167653
A great deal of attention has been given in recent years to the question of externalities associated with water entitlements and how third parties can be protected without restricting opportunities for water trade. Yet one market failure that has received no attention at all is the missing...
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