IDEAS home Printed from https://ideas.repec.org/p/anu/wpieep/9701.html
   My bibliography  Save this paper

Water Rights: An Ecological Economics Perspective

Author

Listed:
  • Michael Young

    (CSIRO)

Abstract

COAG water policy reform agenda is used as a backdrop to illustrate how the ideas, propositions and recommendations being developed by ecological economists differ from those that have been developed by conventional economists. Ecological economics is a new trans-discipline, characterised by models, that take the laws of nature seriously; a vision that economies are nested within and dependent upon maintenance of a global ecological system; and a concern for the welfare of people in this generation and in future ones. Ecological economics seeks to understand the underlying and fundamental causes of environmental degradation and the means to redress them. Efficiency is not seen as a sacrosanct objective but maintenance of the integrity of our global ecosystem is. The market is important but not the source of all information. Recognition of uncertainty, a willingness to consult with and use social welfare functions set by communities; and attention to institutional issues are part of the core agenda.

Suggested Citation

  • Michael Young, 1997. "Water Rights: An Ecological Economics Perspective," Working Papers in Ecological Economics 9701, Australian National University, Centre for Resource and Environmental Studies, Ecological Economics Program.
    • Handle: RePEc:anu:wpieep:9701
    as

    Download full text from publisher

    File URL: http://een.anu.edu.au/download_files/eep9701.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Costanza, Robert, 1996. "The impact of ecological economics," Ecological Economics, Elsevier, vol. 19(1), pages 1-2, October.
    2. Kirby, Michael G. & Blyth, Michael J., 1987. "Economic Aspects Of Land Degradation In Australia," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 31(2), pages 1-21, August.
    3. Young, Michael D., 1999. "The design of fishing-right systems -- the NSW experience," Ecological Economics, Elsevier, vol. 31(2), pages 305-316, November.
    4. Revesz, Richard L. & Stavins, Robert N., 2007. "Environmental Law," Handbook of Law and Economics, in: A. Mitchell Polinsky & Steven Shavell (ed.), Handbook of Law and Economics, edition 1, volume 1, chapter 8, pages 499-589, Elsevier.
    5. Bohm, Peter & Russell, Clifford S., 1985. "Comparative analysis of alternative policy instruments," Handbook of Natural Resource and Energy Economics, in: A. V. Kneese† & J. L. Sweeney (ed.), Handbook of Natural Resource and Energy Economics, edition 1, volume 1, chapter 10, pages 395-460, Elsevier.
    6. Hahn, Robert W, 1989. "Economic Prescriptions for Environmental Problems: How the Patient Followed the Doctor's Orders," Journal of Economic Perspectives, American Economic Association, vol. 3(2), pages 95-114, Spring.
    7. Common,Michael, 1995. "Sustainability and Policy," Cambridge Books, Cambridge University Press, number 9780521436052.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Duncan, Ronald C., 2003. "Agricultural and resource economics and economic development in Aboriginal communities," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 47(3), pages 1-18, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Marcelo Caffera & Juan Dubra, 2005. "Getting Polluters to Tell the Truth," Microeconomics 0504008, University Library of Munich, Germany.
    2. Stavins, Robert, 2004. "Environmental Economics," RFF Working Paper Series dp-04-54, Resources for the Future.
    3. Lawrence H. Goulder & Ian W.H. Parry & Roberton C. Williams III & Dallas Burtraw, 2002. "The Cost-Effectiveness of Alternative Instruments for Environmental Protection in a Second-Best Setting," Chapters, in: Lawrence H. Goulder (ed.), Environmental Policy Making in Economies with Prior Tax Distortions, chapter 27, pages 523-554, Edward Elgar Publishing.
    4. Cropper, Maureen L & Oates, Wallace E, 1992. "Environmental Economics: A Survey," Journal of Economic Literature, American Economic Association, vol. 30(2), pages 675-740, June.
    5. Stavins, Robert, 2004. "Introduction to the Political Economy of Environmental Regulations," RFF Working Paper Series dp-04-12, Resources for the Future.
    6. Newell, Richard G & Stavins, Robert N, 2003. "Cost Heterogeneity and the Potential Savings from Market-Based Policies," Journal of Regulatory Economics, Springer, vol. 23(1), pages 43-59, January.
    7. P. Michel & P.-A. Jouvet & Gilles Rotillon, 2003. "International market of permits and factor income : free of charge or not ?," THEMA Working Papers 2003-17, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    8. Stavins, Robert & Newell, Richard, 2000. "Abatement-Cost Heterogeneity and Anticipated Savings from Market-Based Environmental Policies," Working Paper Series rwp00-006, Harvard University, John F. Kennedy School of Government.
    9. Blackman, Allen & Mathis, Mitchell & Nelson, Peter, 2001. "The Greening of Development Economics: A Survey," Discussion Papers 10662, Resources for the Future.
    10. Revesz, Richard & Stavins, Robert, 2004. "Environmental Law and Policy," Working Paper Series rwp04-023, Harvard University, John F. Kennedy School of Government.
    11. Julien Chevallier & Johanna Etner & Pierre-André Jouvet, 2008. "Bankable Pollution Permits under Uncertainty and Optimal Risk Management Rules: Theory and Empirical Evidence," EconomiX Working Papers 2008-25, University of Paris Nanterre, EconomiX.
    12. Rauscher, Michael, 2001. "International trade, foreign investment, and the environment," Thuenen-Series of Applied Economic Theory 29, University of Rostock, Institute of Economics.
    13. Stuart Harris, 1996. "Economics of the Environment: A Survey," The Economic Record, The Economic Society of Australia, vol. 72(217), pages 154-171, June.
    14. P. Michel & P.-A. Jouvet & Gilles Rotillon, 2003. "A theoretical measure of environmental efficiency," THEMA Working Papers 2003-21, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    15. Glenn Jenkins & RANJIT LAMECH, 1992. "Market-Based Incentive Instruments For Pollution Control," Development Discussion Papers 1992-02, JDI Executive Programs.
    16. Don Fullerton, 2001. "A Framework to Compare Environmental Policies," Southern Economic Journal, John Wiley & Sons, vol. 68(2), pages 224-248, October.
    17. Boyd, James, 2003. "Water Pollution Taxes: A Good Idea Doomed to Failure?," RFF Working Paper Series dp-03-20, Resources for the Future.
    18. Gustafsson, Bo, 1998. "Scope and limits of the market mechanism in environmental management," Ecological Economics, Elsevier, vol. 24(2-3), pages 259-274, February.
    19. Wallace E. Oates, 1990. "Economics, Economists, and Environmental Policy," Eastern Economic Journal, Eastern Economic Association, vol. 16(4), pages 289-296, Oct-Dec.
    20. Böhringer, Christoph & Garcia-Muros, Xaquin & Gonzalez-Eguino, Mikel & Rey, Luis, 2017. "US climate policy: A critical assessment of intensity standards," Energy Economics, Elsevier, vol. 68(S1), pages 125-135.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:anu:wpieep:9701. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jack Pezzey (email available below). General contact details of provider: http://incres.anu.edu.au/EEP/wp.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.