IDEAS home Printed from https://ideas.repec.org/p/ags/aare97/135754.html
   My bibliography  Save this paper

What Price for The Right to go A-Droving? A Derived Demand Approach

Author

Listed:
  • John, Fatmata
  • Cacho, Oscar J.
  • Marshall, Graham R.

Abstract

Travelling stock reserves (TSRs) were established in Australia as a way of allowing the passage of livestock through settled lands to facilitate stocking of new lands. Subsequently, they remained important as a way of moving livestock from property to property or from property to market. Today, the area of land dedicated to TSRs in NSW is estimated at 2.3 million hectares, which are used more as a source of feed than as a livestock thoroughfare. The value of TSRs as a source of feed is particularly important during drought periods, and pricing of access for walking stock has become a subject of contention within the Rural Land Protection Boards (RLPB). The price of TSR permits for walking stock is considerably lower than for agistment, thereby compromising the capacity of the system to be self-funding. The objective of this study is to explore possible pricing arrangements using a derived demand approach. A representative linear programming model was developed for a farm in Nyngan, NSW. The model was used to obtain estimates of the demand elasticity for TSR services with respect to their own price, the price of supplementary feeds and the price of wool. The effect of drought on these elasticities was also explored.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • John, Fatmata & Cacho, Oscar J. & Marshall, Graham R., 1997. "What Price for The Right to go A-Droving? A Derived Demand Approach," 1997 Conference (41st), January 22-24, 1997, Gold Coast, Australia 135754, Australian Agricultural and Resource Economics Society.
    • Handle: RePEc:ags:aare97:135754
    DOI: 10.22004/ag.econ.135754
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/135754/files/fiche005-report052.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.135754?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. J.C. Flinn, 1969. "The Demand For Irrigation Water In An Intensive Irrigation Area," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 13(2), pages 128-143, December.
    2. Clark, J. Briggs & Menz, K. & Collins, D. & Firth, R., 1986. "A Model for Determining the Short Term Demand for Irrigation Water," Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) Archive 316161, Australian Government, Australian Bureau of Agricultural and Resource Economics and Sciences.
    3. Flinn, John C., 1969. "The Demand For Irrigation Water In An Intensive Irrigation Area," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 13(2), pages 1-16, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Rolfe, John, 2004. "Assessing demands for irrigation water in North Queensland," Australasian Agribusiness Review, University of Melbourne, Department of Agriculture and Food Systems, vol. 12.
    2. Wang, Chenggang & Segarra, Eduardo, 2009. "Optimal Groundwater Extraction under the Linear Response and Plateau Technology," 2009 Conference, August 16-22, 2009, Beijing, China 51432, International Association of Agricultural Economists.
    3. Hall, Nigel H. & Mallawaarachchi, Thilak & Batterham, Robert L., 1991. "The Market for Irrigation Water: A Modelling Approach," 1991 Conference (35th), February 11-14, 1991, Armidale, Australia 145889, Australian Agricultural and Resource Economics Society.

    More about this item

    Keywords

    Environmental Economics and Policy;

    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:ags:aare97:135754. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: AgEcon Search (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.