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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: | 4 |
| Deposited By: | Tasmanian School of Business and Economics |
| Deposited On: | 2015-09-21 |
| Last Modified: | 2017-11-27 |
| Downloads: | 0 |
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