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Declining inflows and more frequent droughts in the Murray-Darling Basin: climate change, impacts and adaptation

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  • Quiggin, John

Abstract

It is likely that climate change will be associated with reductions in inflows of water to the Murray–Darling Basin In this paper, we analyse the effects of climate change in the Murray–Darling Basin, using a simulation model that incorporates a state-contingent representation of uncertainty. The severity of the impact depends, in large measure, on the extent to which climate change is manifested as an increase in the frequency of drought conditions. Adaptation will partially offset the adverse impact of climate change.

Suggested Citation

  • Quiggin, John, 2007. "Declining inflows and more frequent droughts in the Murray-Darling Basin: climate change, impacts and adaptation," Risk and Sustainable Management Group Working Papers 152088, University of Queensland, School of Economics.
  • Handle: RePEc:ags:uqsers:152088
    DOI: 10.22004/ag.econ.152088
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    1. John Freebairn & John Quiggin, 2006. "Water rights for variable supplies ," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 50(3), pages 295-312, September.
    2. Quiggin, John C. & Chambers, Robert G., 2004. "Drought policy: a graphical analysis," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 48(2), pages 1-27.
    3. Adamson, David & Mallawaarachchi, Thilak & Quiggin, John, 2004. "Modelling basin level allocation of water in the Murray Darling Basin in a world of uncertainty," Risk and Sustainable Management Group Working Papers 149844, University of Queensland, School of Economics.
    4. 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.
    5. Alaouze, Chris M, 1991. "Intertemporal Water Transfers and Drought," Australian Economic Papers, Wiley Blackwell, vol. 30(56), pages 114-127, June.
    6. Chambers,Robert G. & Quiggin,John, 2000. "Uncertainty, Production, Choice, and Agency," Cambridge Books, Cambridge University Press, number 9780521622448.
    7. Flowerdew, Robin & Green, Mick, 1992. "Developments in Areal Interpolation Methods and GIS," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 26(1), pages 67-78, April.
    8. Daniel Ellsberg, 1961. "Risk, Ambiguity, and the Savage Axioms," The Quarterly Journal of Economics, Oxford University Press, vol. 75(4), pages 643-669.
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    More about this item

    Keywords

    Environmental Economics and Policy; Resource /Energy Economics and Policy;

    JEL classification:

    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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