eCite Digital Repository

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
Keywords:Economic analysis; Irrigator preferences; Water recovery; Budget allocation
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
UTAS Author:Hatton MacDonald, D (Associate Professor Darla Hatton MacDonald)
ID Code:103156
Year Published:2014
Web of Science® Times Cited:19
Deposited By:TSBE
Deposited On:2015-09-23
Last Modified:2017-11-27
Downloads:0

Repository Staff Only: item control page