IDEAS home Printed from https://ideas.repec.org/a/bla/ajarec/v51y2007i3p305-321.html
   My bibliography  Save this article

Economic cost of environmental flows in an unregulated river system

Author

Listed:
  • Randall Jones
  • Jason Crean
  • Parakrama Aluwihare
  • Rebecca Letcher

Abstract

This paper applies a stochastic dynamic programming framework, incorporating links to hydrological and biophysical models, to assess the economic costs of environmental flows in an unregulated river system in the Namoi Valley of northern New South Wales, Australia. Structural adjustment decisions are included in the model to account for farmer responses to changes in environmental flows through the introduction of a water sharing plan. The results of the analysis indicate that the proposed level of environmental flows reduces water extractions by around 6 per cent, and imposes an opportunity cost of less than 1 per cent in terms of reduced net income over a 20-year period. Copyright 2007 The Authors Journal compilation 2007 Australian Agricultural and Resource Economics Society inc. and Blackwell Publishers Ltd .

Suggested Citation

  • Randall Jones & Jason Crean & Parakrama Aluwihare & Rebecca Letcher, 2007. "Economic cost of environmental flows in an unregulated river system ," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 51(3), pages 305-321, September.
    • Handle: RePEc:bla:ajarec:v:51:y:2007:i:3:p:305-321
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1111/j.1467-8489.2007.00388.x
    File Function: link to full text
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Chi Truong, 2012. "An Analysis of Storage Capacity Reallocation Impacts on the Irrigation Sector," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 51(1), pages 141-159, January.
    2. Lee, Lisa Y. & Ancev, Tihomir & Vervoort, Willem, 2012. "Evaluation of environmental policies targeting irrigated agriculture: The case of the Mooki catchment, Australia," Agricultural Water Management, Elsevier, vol. 109(C), pages 107-116.
    3. Elwin G. Smith & Mark E. Eiswerth & Terrence S. Veeman, 2010. "Current and Emerging Water Issues in Agriculture: An Overview," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 58(s1), pages 403-409, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:ajarec:v:51:y:2007:i:3:p:305-321. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/aaresea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.