Designing Water Markets to Manage Coupled Externalities: An Application to Irrigation-Induced Salinity in Australia

In this paper, the design of water markets for the management of irrigation-induced salinity in Australia is addressed. Indeed, this setting exhibits complex interactions between the different features of the resource water. Quality, quantity of surface and ground-water interact in ways that produce coupled environmental externalities. It is then difficult to design efficient policy instruments to tackle all the issues at stake. This paper provides a preliminary analysis of three types of water market mechanisms, involving diversion rights and recharge rights.


Issue Date:
2006
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/25350
Total Pages:
16
JEL Codes:
Q25; Q53
Series Statement:
Contributed Paper




 Record created 2017-04-01, last modified 2017-04-26

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)