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Irrigator preferences for water recovery budget expenditure in the Murray-Darling Basin, Australia
Citation
Loch, A and Wheeler, S and Boxall, P and Hatton MacDonald, D and Adamowicz, WL and Bjornlund, H, Irrigator preferences for water recovery budget expenditure in the Murray-Darling Basin, Australia, Land Use Policy, 36 pp. 396-404. ISSN 0264-8377 (2014) [Refereed Article]
Copyright Statement
© 2013 Elsevier
DOI: doi:10.1016/j.landusepol.2013.09.007
Abstract
This study presents results from a survey of southern Murray-Darling Basin irrigators about the percentage of funds they would allocate towards a variety of current and hypothetical trade-off choices for recovering environmental water. The findings, allowing for state-based differentials, suggest irrigators marginally prefer infrastructure expenditure above the sum of a set of market-based options (namely water entitlement purchasing, temporary water market products and exit-based packages). However, their infrastructure preference weighting is less than current budget expenditure, and use of market-based options has higher support from irrigators than current policy recognises. Further, analysis of past and current infrastructure and market-based water recovery expenditures reveals large price-per-megalitre disparities, which may be explained by diminishing marginal returns. Targeting expenditure in line with preferences of irrigators may result in increases in economic efficiency.
Item Details
Item Type: | Refereed Article |
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Keywords: | Economic analysis; Irrigator preferences; Water recovery; Budget allocation |
Research Division: | Economics |
Research Group: | Applied economics |
Research Field: | Environment and resource economics |
Objective Division: | Environmental Policy, Climate Change and Natural Hazards |
Objective Group: | Environmental policy, legislation and standards |
Objective Field: | Environmental protection frameworks (incl. economic incentives) |
UTAS Author: | Hatton MacDonald, D (Professor Darla Hatton MacDonald) |
ID Code: | 103156 |
Year Published: | 2014 |
Web of Science® Times Cited: | 27 |
Deposited By: | TSBE |
Deposited On: | 2015-09-23 |
Last Modified: | 2017-11-27 |
Downloads: | 0 |
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