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Market Mechanisms for Recovering Water in the Murray-Darling Basin

Author

Listed:
  • Commission, Productivity

    () (Productivity Commission)

Abstract

The Productivity Commission has made recommendations on how the Australian Government’s buyback of water entitlements in the Murray Darling Basin could be improved, in a report released today. The buyback and a larger irrigation infrastructure program are being used to recover water for the environment, and ease the transition to the much lower water diversion levels expected under a Basin Plan. The report raises some concerns about aspects of the design and sequencing of the strategy, noting problems in having commenced the buyback before the Basin Plan is ratified. However, Commissioner Neil Byron said ‘There is still much that can be done to improve the recovery and management of water for the environment in the Basin’.

Suggested Citation

  • Commission, Productivity, 2010. "Market Mechanisms for Recovering Water in the Murray-Darling Basin," Research Reports, Productivity Commission, Government of Australia, number 40.
  • Handle: RePEc:ris:prodcs:0040
    as

    Download full text from publisher

    File URL: http://www.pc.gov.au/__data/assets/pdf_file/0019/96004/water-recovery-report.pdf
    File Function: Full pdf file
    Download Restriction: no

    File URL: http://www.pc.gov.au/projects/study/water-recovery/report
    File Function: Publication webpage
    Download Restriction: no

    Citations

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    Cited by:

    1. repec:bla:econpa:v:36:y:2017:i:3:p:289-299 is not listed on IDEAS
    2. James Horne, 2014. "The 2012 Murray-Darling Basin Plan - issues to watch," International Journal of Water Resources Development, Taylor & Francis Journals, vol. 30(1), pages 152-163, March.
    3. Truong, Chi H. & Drynan, Ross G., 2013. "Capacity sharing enhances efficiency in water markets involving storage," Agricultural Water Management, Elsevier, vol. 122(C), pages 46-52.
    4. Onil Banerjee, 2015. "Investing in recovering water for the environment in Australia's Murray-Darling Basin," International Journal of Water Resources Development, Taylor & Francis Journals, vol. 31(4), pages 701-717, December.
    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. Peter B. Dixon & Maureen T. Rimmer & Glyn Wittwer, 2011. "Saving the Southern Murray‐Darling Basin: The Economic Effects of a Buyback of Irrigation Water," The Economic Record, The Economic Society of Australia, vol. 87(276), pages 153-168, March.

    More about this item

    Keywords

    water management; agriculture; water entitlements; water markets; water purchases;

    JEL classification:

    • Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment
    • Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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