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An Empirical assessment of the value of irrigation water : the case study of Murrumbidgee catchment

Please use this identifier to cite or link to this item: http://hdl.handle.net/1959.14/134546

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Title: An Empirical assessment of the value of irrigation water : the case study of Murrumbidgee catchment
Related: Australian journal of agricultural and resource economics, Vol. 54, Issue 1, (2010), p.99-118
DOI: 10.1111/j.1467-8489.2009.00476.x
Publisher: Wiley-Blackwell
Date: 2010
Author/Creator: Qureshi, Muhammad Ejaz
Author/Creator: Ranjan, Ram
Author/Creator: Qureshi, Sumaira Ejaz
Description: Evaluation of value of irrigation water is essential for supporting policy decision making relating to investments in the irrigation sector, efficient allocation of irrigation water and water pricing and for crafting policies to compare the variable impacts of water reform within and across sectors of the economy. This paper asks the question of how much an established irrigator would pay for water and at what price farmers planning to expand the area they have under irrigation would consider paying for the right to access water. An analytical framework is developed to estimate the net present value of both annual and perennial agricultural activities in the Murrumbidgee catchment. Using these estimates the total value of water used in Murrumbidgee catchment is estimated. An aggregate water supply curve is derived for the catchment from where water may be acquired from irrigators for environmental flows.
Description: 20 page(s)
Subject Keyword: annual and perennial activities
Subject Keyword: asset fixity
Subject Keyword: environmental flows
Subject Keyword: water allocation
Subject Keyword: water price
Subject Keyword: water supply curve
Subject Keyword: willingness to pay
Resource Type: journal article
Organisation: Macquarie University. Graduate School of the Environment

Identifier: http://hdl.handle.net/1959.14/134546
Identifier: ISSN:1364-985X
Identifier: mq_res-20110816-141517
Language: eng
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