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

Author

Listed:
  • John Quiggin

    (Department of Economics, University of Queensland)

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

  • John Quiggin, "undated". "Declining inflows and more frequent droughts in the Murray–Darling Basin: climate change, impacts and adaption," Climate Change Working Papers WPC07_2, Risk and Sustainable Management Group, University of Queensland.
    • Handle: RePEc:rsm:climte:c07_2
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    File URL: http://www.uq.edu.au/rsmg/WP/WPC07_2.pdf
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    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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