Robust Reform: Implementing robust institutional arrangements to achieve efficient water use in Australia
AbstractThe focus of this report is on implementing institutional arrangements for the efficient allocation and management of water. Water is an input into human use including economic production and recreation activities that generate many externalities. It also provides many valuable ecosystem services only partially captured in the market. Institutional arrangements are required that are dynamically efficient and low cost, and robust enough to withstand the test of time. Robust administrative arrangements are characterised by the lack of a need for change.
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Bibliographic InfoPaper provided by Policy and Economic Research Unit, CSIRO Land and Water, Adelaide, Australia in its series Natural Resource Management Economics with number 03_003.
Length: 42 pages
Date of creation: Nov 2003
Date of revision:
Contact details of provider:
Postal: Policy & Economic Research Unit, CSIRO Land and Water, PMB2, Glen Osmond, South Australia 5064
Web page: http://www.clw.csiro.au/research/peru/
More information through EDIRC
water reform; institutional; trading; Australia;
Find related papers by JEL classification:
- Q0 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General
- Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture
- Q3 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation
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