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Identifying Water Prices at which Australian Farmers Will Exit Irrigation: Results of a Stated Preference Survey

Citation

Zuo, A and Wheeler, SA and Boxall, P and Adamowicz, WL and Hatton MacDonald, D, Identifying Water Prices at which Australian Farmers Will Exit Irrigation: Results of a Stated Preference Survey, Economic Record, 91 pp. 109-123. ISSN 0013-0249 (2015) [Refereed Article]

Copyright Statement

2015 Economic Society of Australia

DOI: doi:10.1111/1475-4932.12186

Abstract

Among the measures taken by the Australian government to address one of the worst droughts on record in the Murray-Darling Basin, exit package issues have rarely been investigated. A stated preference survey was designed to identify the range of water prices required for irrigators to sell all their water entitlements and leave the irrigation industry. Farmer participation responses are generally price elastic. There are large regional differences in price elasticities, but within a region there are few differences based on subgroups of farmers.

Item Details

Item Type:Refereed Article
Research Division:Economics
Research Group:Applied Economics
Research Field:Environment and Resource Economics
Objective Division:Environment
Objective Group:Environmental and Natural Resource Evaluation
Objective Field:Economic Incentives for Environmental Protection
Author:Hatton MacDonald, D (Associate Professor Darla Hatton MacDonald)
ID Code:103098
Year Published:2015
Web of Science® Times Cited:3
Deposited By:Tasmanian School of Business and Economics
Deposited On:2015-09-21
Last Modified:2017-11-22
Downloads:0

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