Effective use of public funding in the Murray-Darling Basin: A comparison of buybacks and infrastructure upgrades

Australian Journal of Agricultural and Resource Economics

Volumn 57, Issue 3, 2013, Pages 399-421

  Wittwer, Glyn ^a   Dixon, Janine ^a  

^a MONASH UNIVERSITY   (Australia)

Author keywords

CGE modelling; Regional economies; Water buybacks

Indexed keywords

COMPUTABLE GENERAL EQUILIBRIUM ANALYSIS; INFRASTRUCTURAL DEVELOPMENT; POLICY DEVELOPMENT; PUBLIC SPENDING; REGIONAL ECONOMY; REGIONAL PLANNING; WATER AVAILABILITY; WATER RESOURCE;

AUSTRALIA; MURRAY-DARLING BASIN;

EID: 84879464876     PISSN: 1364985X     EISSN: 14678489     Source Type: Journal    
DOI: 10.1111/1467-8489.12001     Document Type: Article

References (32)

1. ABARES (Australian Bureau of Agricultural and Resource Economics and Sciences) (2010a). Australian Commodity Statistics 2010. ABARE, Canberra.
2. ABARES (Australian Bureau of Agricultural and Resource Economics and Sciences) Environmentally Sustainable Diversion Limits in the Murray-Darling Basin: Socioeconomic Analysis. ABARE, Canberra, 2010b.
3. ABARES (Australian Bureau of Agricultural and Resource Economics and Sciences) (2011). Modelling the Economic Effects of the Murray-Darling Basin Plan. ABARE, Canberra.
4. ABS (Australian Bureau of Statistics) (2008). Agricultural Commodities: Small Area Data, Australia, 2005-06. Catalogue no. 7125.0, Australian Bureau of Statistics, Canberra.
5. ABS (Australian Bureau of Statistics) (2009a). Value of Agricultural Commodities Produced, Australia, 2007-08. Catalogue 7503.0, Australian Bureau of Statistics, Canberra.
6. ABS (Australian Bureau of Statistics) (2009b). Australian National Accounts: Input-Output Table, 2005-06. Catalogue no. 5209.0.55.001 Available from URL: http://www.abs.gov.au/ausstats/abs@.nsf/ProductsbyReleaseDate/BACA39E4E3102F07CA2578620010D085?OpenDocument [accessed 2 April 2013].
7. ABS (Australian Bureau of Statistics) (2010), Australian National Accounts: Input-Output Tables (Product Details) 2005-06, Catalogue no. 5215.0.55.001. Available from URL: http://www.abs.gov.au/AUSSTATS/abs@.nsf/DetailsPage/5215.0.55.0012005-06?OpenDocument [accessed 5 November 2011].
8. ABS (Australian Bureau of Statistics) (2012 and earlier issues), Water use on Australian Farms. Catalogue no. 4618.0, Australian Bureau of Statistics, Canberra.
9. Adamson, D., Quiggin, J. and Mallawaarachchi, T. (2005). Modelling basin level allocation of water in the Murray Darling Basin in a world of uncertainty. Risk and Sustainable Management Group Murray Darling Program Working Paper M05#1.
10. Adamson, D., Mallawaarachchi, T. and Quiggin, J. (2007). Water use and salinity in the Murray Darling Basin: a state-contingent model, Australian Journal of Agricultural and Resource Economics 51, 263-281.
11. Adamson, D., Mallawaarachchi, T. and Quiggin, J. (2009). Declining inflows and more frequent droughts in the Murray Darling Basin: climate change, impacts and adaptation, Australian Journal of Agricultural and Resource Economics 53, 345-366.
12. Australian Government (2007). A national plan for water security. Available from URL: http://www.nalwt.gov.au/files/national_plan_for_water_security.pdf [accessed 20 August 2012].
13. Australian Government (2011). Australian Government Response to the House of Representatives Standing Committee on Regional Australia Committee Report: Of Drought and Flooding Rains. Available from URL: http://www.environment.gov.au/water/publications/mdb/gov-response-basin-plan-inquiry.html [accessed 20 August 2012].
14. Cheesman, J. and Wheeler, S. (2012). Survey of water entitlement sellers under the Restoring the Balance in the Murray-Darling Basin Program. Report by Marsden Jacob Associates and University of South Australia from the Murray-Darling Basin Authority. Available from URL: http://www.environment.gov.au/water/publications/mdb/survey-seller-rtb-program.html [accessed 20 August 2012].
15. Dixon, P. and Rimmer, M. (2002). Dynamic General Equilibrium Modelling for Forecasting and Policy: A Practical Guide and Documentation of MONASH, Contributions to Economic Analysis 256. North-Holland, Amsterdam.
16. Dixon, P.B., Rimmer, M.T. and Wittwer, G. (2010). Modelling the Australian Government's buyback scheme with a dynamic multi-regional CGE model. CoPS/IMPACT Working Paper No G-186, Monash University.
17. Dixon, P., Rimmer, M. and Wittwer, G. (2011). Saving the Southern Murray-Darling Basin: the economic effects of a buyback of irrigation water, Economic Record 87, 153-168.
18. Eigenraam, M. (1999). Economic Assessment of Water Market Reform Using the Water Policy Model. Victorian Department of Natural Resources and the Environment, Melbourne.
19. Eigenraam, M., Crean, J., Wimalasuriya, R. and Jayasuriya, R. (2003). Economic Analysis of Environmental Flow Scenarios in the Murray River System. NSW Agriculture and Victorian Department of Primary Industries, Orange and Melbourne.
20. Eigenraam, M., Wimalasuriya, R. and Stoneham, G. (2006). DPI Water Policy Model. Economics and Policy Research Branch, Department of Primary Industries, Melbourne.
21. Grafton, Q. and Jiang, Q. (2011). Economic effects of water recovery on irrigated agriculture in the Murray Darling Basin, Australian Journal of Agricultural and Resource Economics 55, 487-499.
22. Griffith, M. (2012). Water resources modelling: a review, in Wittwer, G. (ed.), Economic Modelling of Water: The Australian CGE Experience. Springer, Dordrecht, pp. 51-70.
23. Hall, N. (2001). Linear and quadratic models of the southern Murray Darling Basin, Environment International 262, 219-223.
24. Horridge, M., Madden, J. and Wittwer, G. (2005). Using a highly disaggregated multi-regional single-country model to analyse the impacts of the 2002-03 drought on Australia, Journal of Policy Modelling 27, 285-308.
25. House of Representatives Standing Committee on Regional Australia (2011). Of Drought and Flooding Rains. Available from URL: http://www.aph.gov.au/Parliamentary_Business/Committees/House_of_Representatives_Committees?url=ra/murraydarling/report.htm [acc-essed 20 August 2012].
26. MDBA (Murray Darling Basin Authority) (2012). The Socio-Economic Implications of the Proposed Basin Plan. Murray Darling Basin Authority.
27. Qureshi, E., Connor, J., Kirby, M. and Mainuddin, M. (2007). Economic assessment of acquiring water for environmental flows in the Murray Basin, Australian Journal of Agricultural and Resource Economics 51, 283-303.
28. Wittwer, G. and Griffith, M. (2011). Modelling drought and recovery in the southern Murray-Darling Basin, Australian Journal of Agricultural and Resource Economics 55, 342-359.
29. Wittwer, G. and Griffith, M. (2012). The economic consequences of a prolonged drought in the Southern Murray-Darling Basin, in Wittwer, G. (ed.), Economic Modelling of Water: The Australian CGE Experience. Springer, Dordrecht, pp. 51-70.
30. Wittwer, G. and Horridge, M. (2010). Bringing regional detail to a CGE model using census data, Spatial Economic Analysis 5, 229-255.
31. Young, M. (2011). Water markets: A downstream perspective, in The Australian Water Project Crisis and Opportunity: Lessons of Australian water reform. CEDA and Uniwater Discussion Paper, pp. 64-69.
32. Young, M. and McColl, J. (2009). Double trouble: the importance of accounting for and defining water entitlements consistent with hydrological realities, The Australian Journal of Agricultural and Resource Economics 53, 19-35.