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Robust Reform: Implementing robust institutional arrangements to achieve efficient water use in Australia

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Abstract

The 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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File URL: http://www.clw.csiro.au/publications/consultancy/2003/robust_reform.pdf
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Bibliographic Info

Paper provided by Policy and Economic Research Unit, CSIRO Land and Water, Adelaide, Australia in its series Natural Resource Management Economics with number 03_003.

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Length: 42 pages
Date of creation: Nov 2003
Date of revision:
Handle: RePEc:csi:report:03_003

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Postal: Policy & Economic Research Unit, CSIRO Land and Water, PMB2, Glen Osmond, South Australia 5064
Phone: +61+8+83038419
Fax: +61+8+83038582
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Web page: http://www.clw.csiro.au/research/peru/
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Keywords: water reform; institutional; trading; Australia;

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References

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  1. Mike Young, 2000. "Market-based Opportunities to Improve Environmental Flows: A scoping paper," Natural Resource Management Economics 00_004, Policy and Economic Research Unit, CSIRO Land and Water, Adelaide, Australia.
  2. John Freebairn, 2003. "Principles for the Allocation of Scarce Water," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 36(2), pages 203-212.
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Cited by:
  1. Productivity Commission, 2006. "Rural Water Use and the Environment: The Role of Market Mechanisms," Research Reports, Productivity Commission, Government of Australia, number 21.
  2. Alexandros Maziotis & Elisa Calliari & Jaroslav Mysiak, 2013. "Robust Institutions for Sustainable Water Markets: A Survey of the Literature and the Way Forward," Working Papers 2013.58, Fondazione Eni Enrico Mattei.
  3. English, Ben & Brearley, Taron & Coggan, Anthea, 2004. "Environmental flow allocation and counter-cyclical trading in the River Murray System," 2004 Conference (48th), February 11-13, 2004, Melbourne, Australia 58407, Australian Agricultural and Resource Economics Society.
  4. Anonymous, 2006. "Rural Water Use and the Environment: The Role of Market Mechanisms," Commissioned Studies 8020, Productivity Commission.
  5. Qureshi, Muhammad Ejaz & Connor, Jeffery D. & Kirby, Mac & Mainuddin, Mohammed, 2005. "Integrated assessment and management of stochastic water resources in the Murray Darling Basin," 2005 Conference (49th), February 9-11, 2005, Coff's Harbour, Australia 137944, Australian Agricultural and Resource Economics Society.
  6. Connor, Jeffery D. & Ward, John & Clifton, Craig & Proctor, Wendy & Hatton MacDonald, Darla, 2008. "Designing, testing and implementing a trial dryland salinity credit trade scheme," Ecological Economics, Elsevier, vol. 67(4), pages 574-588, November.
  7. Edwyna Harris, 2011. "The Impact of Institutional Path Dependence on Water Market Efficiency in Victoria, Australia," Water Resources Management, Springer, vol. 25(15), pages 4069-4080, December.
  8. Brennan, Donna C., 2006. "Water policy reform in Australia: lessons from the Victorian seasonal water market," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 50(3), September.

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