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Environmental economics and the Murray-Darling river system

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  • Quiggin, John C.

Abstract

Much concern about the negative environmental consequences of agricultural development in Australia, including salinisation, waterlogging and algal blooms, has focused on the problems of the Murray–Darling Basin. The aim of this article is to provide an overview of the environmental problems of the Murray–Darling Basin from an economic perspective, and a selective survey of the relevant economic literature, including theoretical analysis, modelling and contributions to the development of water policy. In attempting to understand the complex problems of the Murray–Darling Basin, an eclectic approach drawing on externality, sustainability and property rights perspectives seems most appropriate.

Suggested Citation

  • Quiggin, John C., 2001. "Environmental economics and the Murray-Darling river system," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 45(01), pages 1-28.
    • Handle: RePEc:ags:aareaj:117382
    DOI: 10.22004/ag.econ.117382
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    References listed on IDEAS

    as
    1. Quiggin, John & Chambers, Robert G., 2005. "The state-contingent model," 2005 Conference (49th), February 9-11, 2005, Coff's Harbour, Australia 174788, Australian Agricultural and Resource Economics Society.
    2. Howarth, Richard B., 1991. "Intergenerational competitive equilibria under technological uncertainty and an exhaustible resource constraint," Journal of Environmental Economics and Management, Elsevier, vol. 21(3), pages 225-243, November.
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    4. Alan Randall, 1981. "Property Entitlements And Pricing Policies For A Maturing Water Economy," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 25(3), pages 195-220, December.
    5. Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 70(1), pages 65-94.
    6. John Quiggin, 1988. "Murray River Salinity—An Illustrative Model," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 70(3), pages 635-645.
    7. Hodge, Ian D., 1982. "Rights To Cleared Land And The Control Of Dryland-Seepage Salinity," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 26(3), pages 1-17, December.
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    9. Quiggin, John, 2012. "The Economics of New Media," Risk and Sustainable Management Group Working Papers 151528, University of Queensland, School of Economics.
    10. Hartwick, John M, 1977. "Intergenerational Equity and the Investing of Rents from Exhaustible Resources," American Economic Review, American Economic Association, vol. 67(5), pages 972-974, December.
    11. John C. Quiggin, 1986. "Common Property, Private Property And Regulation The Case Of Dryland Salinity," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 30(2-3), pages 103-117, 08-12.
    12. Chambers,Robert G. & Quiggin,John, 2000. "Uncertainty, Production, Choice, and Agency," Cambridge Books, Cambridge University Press, number 9780521622448, Enero.
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