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Designing water abstraction regimes for an ever-changing and ever-varying future

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  • Young, Michael D.

Abstract

Most of the world's water entitlement and allocation regimes evolved during periods of abundance and, hence, are not well suited to the management of water scarcity. Development of the institutional arrangements necessary to manage changing demands and supplies is in its infancy.

Suggested Citation

  • Young, Michael D., 2014. "Designing water abstraction regimes for an ever-changing and ever-varying future," Agricultural Water Management, Elsevier, vol. 145(C), pages 32-38.
    • Handle: RePEc:eee:agiwat:v:145:y:2014:i:c:p:32-38
    DOI: 10.1016/j.agwat.2013.12.002
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    1. Robert A. Mundell, 1960. "The Monetary Dynamics of International Adjustment under Fixed and Flexible Exchange Rates," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 74(2), pages 227-257.
    2. R. H. Coase, 2013. "The Problem of Social Cost," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
    3. M. D. Young & J. C. McColl, 2003. "Robust Reform: The Case for a New Water Entitlement System for Australia," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 36(2), pages 225-234, June.
    4. Wu, Bingfang & Jiang, Liping & Yan, Nana & Perry, Chris & Zeng, Hongwei, 2014. "Basin-wide evapotranspiration management: Concept and practical application in Hai Basin, China," Agricultural Water Management, Elsevier, vol. 145(C), pages 145-153.
    5. Michael D. Young & Jim C. McColl, 2009. "Double trouble: the importance of accounting for and defining water entitlements consistent with hydrological realities ," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 53(1), pages 19-35, January.
    6. Grafton, R. Quentin & Horne, James, 2014. "Water markets in the Murray-Darling Basin," Agricultural Water Management, Elsevier, vol. 145(C), pages 61-71.
    7. Jim McColl & Michael Young, 2005., 2005. "Managing Change: Australian structural adjustment lessons for water," Natural Resource Management Economics 06_005, Policy and Economic Research Unit, CSIRO Land and Water, Adelaide, Australia.
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    Cited by:

    1. Smith, Steven M., 2021. "The relative economic merits of alternative water right systems," Journal of Environmental Economics and Management, Elsevier, vol. 105(C).
    2. Zuo, Alec & Qiu, Feng & Wheeler, Sarah Ann, 2019. "Examining volatility dynamics, spillovers and government water recovery in Murray-Darling Basin water markets," Resource and Energy Economics, Elsevier, vol. 58(C).
    3. R. Quentin Grafton & James Horne & Sarah Ann Wheeler, 2016. "On the Marketisation of Water: Evidence from the Murray-Darling Basin, Australia," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 30(3), pages 913-926, February.
    4. Wu, Bingfang & Jiang, Liping & Yan, Nana & Perry, Chris & Zeng, Hongwei, 2014. "Basin-wide evapotranspiration management: Concept and practical application in Hai Basin, China," Agricultural Water Management, Elsevier, vol. 145(C), pages 145-153.
    5. Grafton, R. Quentin & Horne, James, 2014. "Water markets in the Murray-Darling Basin," Agricultural Water Management, Elsevier, vol. 145(C), pages 61-71.
    6. Billy A. Ferguson & Paul Milgrom, 2024. "Market Design for Surface Water," NBER Chapters, in: New Directions in Market Design, National Bureau of Economic Research, Inc.
    7. Wheeler, Sarah Ann & Zuo, Alec & Bjornlund, Henning, 2014. "Investigating the delayed on-farm consequences of selling water entitlements in the Murray-Darling Basin," Agricultural Water Management, Elsevier, vol. 145(C), pages 72-82.
    8. Bjornlund, H. & Xu, W. & Wheeler, S., 2014. "An overview of water sharing and participation issues for irrigators and their communities in Alberta: Implications for water policy," Agricultural Water Management, Elsevier, vol. 145(C), pages 171-180.
    9. L. M. Laizer & R.W. Gibson & E. Lukonge, 2018. "Seasonal Water Crises and Social Dilemmas in Semi-Arid Areas of the Lake Zone of Tanzania," International Journal of Asian Social Science, Asian Economic and Social Society, vol. 8(5), pages 213-226, May.
    10. Tingey-Holyoak, Joanne Louise, 2014. "Water sharing risk in agriculture: Perceptions of farm dam management accountability in Australia," Agricultural Water Management, Elsevier, vol. 145(C), pages 123-133.
    11. Pérez-Blanco, C. Dionisio & Sapino, Francesco & Saiz-Santiago, Pablo, 2023. "First-degree price discrimination water bank to reduce reacquisition costs and enhance economic efficiency in agricultural water buyback," Ecological Economics, Elsevier, vol. 205(C).
    12. Carlos Mario Gómez Gómez & C. D. Pérez-Blanco & David Adamson & Adam Loch, 2018. "Managing Water Scarcity at a River Basin Scale with Economic Instruments," Water Economics and Policy (WEP), World Scientific Publishing Co. Pte. Ltd., vol. 4(01), pages 1-31, January.
    13. Cécile Hérivaux & Jean-Daniel Rinaudo & Marielle Montginoul, 2019. "Exploring the Potential of Groundwater Markets in Agriculture: Results of a Participatory Evaluation in Five French Case Studies," Water Economics and Policy (WEP), World Scientific Publishing Co. Pte. Ltd., vol. 6(01), pages 1-28, September.
    14. Rouillard, Josselin & Rinaudo, Jean-Daniel, 2020. "From State to user-based water allocations: An empirical analysis of institutions developed by agricultural user associations in France," Agricultural Water Management, Elsevier, vol. 239(C).

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