IDEAS home Printed from https://ideas.repec.org/p/ags/aare05/137944.html
   My bibliography  Save this paper

Integrated assessment and management of stochastic water resources in the Murray Darling Basin

Author

Listed:
  • Qureshi, Muhammad Ejaz
  • Connor, Jeffery D.
  • Kirby, Mac
  • Mainuddin, Mohammed

Abstract

quantity and quality issues raise concerns about sustainable use of natural resources in the basin. In particular there are concerns about damages from increasing salinity and reduced flow in the River on built and ecological assets. There is also concern that climate change, increased water taking through farm dam development, increasing use of conjunctive groundwater will exacerbate issues related the quantity of water in the rivers and the groundwater aquifers. Policy approaches to address these issues will require addressing potentially conflicting interests of multiple effected parties in a balanced way. This paper describes a modeling framework being developed for integrated assessment of impacts on diverse stakeholders of options to manage water supply and demand in the Murray Darling Basin. Two models building on the same hydrogeology – agronomic relationships are presented. One is an optimisation approach to modelling irrigator demand for water. The other is a simulation of irrigator and environmental manager behaviour in a stylised Murray Basin model with stochastic supply and price. We demonstrate application of both models to evaluation of environmental water acquisition strategies for the Murray Basin.

Suggested Citation

  • Qureshi, Muhammad Ejaz & Connor, Jeffery D. & Kirby, Mac & Mainuddin, Mohammed, 2005. "Integrated assessment and management of stochastic water resources in the Murray Darling Basin," 2005 Conference (49th), February 9-11, 2005, Coff's Harbour, Australia 137944, Australian Agricultural and Resource Economics Society.
    • Handle: RePEc:ags:aare05:137944
    DOI: 10.22004/ag.econ.137944
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/137944/files/2005_qureshi.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.137944?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Mike Young & Jim McColl, 2003. "Robust Reform: Implementing robust institutional arrangements to achieve efficient water use in Australia," Natural Resource Management Economics 03_003, Policy and Economic Research Unit, CSIRO Land and Water, Adelaide, Australia.
    2. English, Ben & Brearley, Taron & Coggan, Anthea, 2004. "Environmental flow allocation and counter-cyclical trading in the River Murray System," 2004 Conference (48th), February 11-13, 2004, Melbourne, Australia 58407, Australian Agricultural and Resource Economics Society.
    3. Quiggin, John C., 2001. "Environmental economics and the Murray-Darling river system," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 45(01), pages 1-28.
    4. Todd, Peter M. & Gigerenzer, Gerd, 2003. "Bounding rationality to the world," Journal of Economic Psychology, Elsevier, vol. 24(2), pages 143-165, April.
    5. Ribaudo, Marc & Horan, Richard D. & Smith, Mark E., 1999. "Economics of Water Quality Protection from Nonpoint Sources: Theory and Practice," Agricultural Economic Reports 33913, United States Department of Agriculture, Economic Research Service.
    6. Bell, Rosalyn, 2002. "Capturing benefits from water entitlement trade in salinity affected areas: A role for trading houses?," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 46(3), pages 1-20.
    7. Gulati, H. S. & Murty, V. V. N., 1979. "A model for optimal allocation of canal water based on crop production functions," Agricultural Water Management, Elsevier, vol. 2(1), pages 79-91, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Kragt, Marit Ellen & Bennett, Jeffrey W., 2009. "Integrating economic values and catchment modelling," 2009 Conference (53rd), February 11-13, 2009, Cairns, Australia 47956, Australian Agricultural and Resource Economics Society.
    2. Donna Brennan, 2006. "Water policy reform in Australia: lessons from the Victorian seasonal water market ," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 50(3), pages 403-423, September.
    3. Brennan, Donna C., 2006. "Water policy reform in Australia: lessons from the Victorian seasonal water market," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 50(3), pages 1-21, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bennett, Jeffrey W., 2005. "Australasian environmental economics: contributions, conflicts and ‘cop-outs’," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 49(3), pages 1-19.
    2. Azad, Md A.S. & Ancev, Tihomir, 2010. "Using ecological indices to measure economic and environmental performance of irrigated agriculture," Ecological Economics, Elsevier, vol. 69(8), pages 1731-1739, June.
    3. Grenestam, Erik & Nordin, Martin, 2018. "Estimating the impact of agri-environmental payments on nutrient runoff using a unique combination of data," Land Use Policy, Elsevier, vol. 75(C), pages 388-398.
    4. Dyack, Brenda & Greiner, Romy, 2006. "Natural Resource Management and Indigenous Well Being," 2006 Conference (50th), February 8-10, 2006, Sydney, Australia 139725, Australian Agricultural and Resource Economics Society.
    5. Ribaudo, Marc & Delgado, Jorge & Livingston, Michael, 2011. "Preliminary Assessment of Nitrous Oxide Offsets in a Cap and Trade Program," Agricultural and Resource Economics Review, Cambridge University Press, vol. 40(2), pages 266-281, September.
    6. Gavan Dwyer & Robert Douglas & Deb Peterson & Jo Chong & Kate Maddern, 2006. "Irrigation externalities: pricing and charges," Staff Working Papers 0603, Productivity Commission, Government of Australia.
    7. repec:bla:canjag:v:58:y:2010:i:s1:p:531-554 is not listed on IDEAS
    8. Sergeeva, Anastasia & Bhardwaj, Akhil & Dimov, Dimo, 2021. "In the heat of the game: Analogical abduction in a pragmatist account of entrepreneurial reasoning," Journal of Business Venturing, Elsevier, vol. 36(6).
    9. Iftekhar, M.S. & Tisdell, J.G. & Connor, J.D., 2013. "Effects of competition on environmental water buyback auctions," Agricultural Water Management, Elsevier, vol. 127(C), pages 59-73.
    10. Ribaudo, Marc O. & Heimlich, Ralph & Claassen, Roger & Peters, Mark, 2001. "Least-cost management of nonpoint source pollution: source reduction versus interception strategies for controlling nitrogen loss in the Mississippi Basin," Ecological Economics, Elsevier, vol. 37(2), pages 183-197, May.
    11. Cloé Garnache & Scott M. Swinton & Joseph A. Herriges & Frank Lupi & R. Jan Stevenson, 2016. "Solving the Phosphorus Pollution Puzzle: Synthesis and Directions for Future Research," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 98(5), pages 1334-1359.
    12. Vincze, János, 2018. "Szubsztantív vagy ökológiai racionalitás?. A pénzillúzió esete [Substantive or ecological rationality?. A case of the money illusion]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(11), pages 1097-1114.
    13. Coxhead, Ian A. & Demeke, Bayou, 2006. "Modeling Spatially Differentiated Environmental Policy in a Philippine Watershed: Tradeoffs between Environmental Protection and Poverty Reduction," 2006 Annual meeting, July 23-26, Long Beach, CA 21115, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    14. Feng, Hongli & Jha, Manoj & Gassman, Philip W. & Parcel, Joshua D., 2007. "A Recent Trend in Ecological Economic Research: Quantifying the Benefits and Costs of Improving Ecosystem Services," ISU General Staff Papers 200701010800001812, Iowa State University, Department of Economics.
    15. Boyd D. Blackwell & John Asafu-Adjaye, 2020. "Adding Jewels To The Crown: The Marginal Recreational Value Of Noosa National Park And Implications For User Fees," Discussion Papers Series 622, School of Economics, University of Queensland, Australia.
    16. Jacobsen, Ben & Mallawaarachchi, Thilak, 2002. "Issues in the Implementation of Nonpoint Source Pollution Mitigation: A Case Study of Potential Expansion of the Sugar Industry in North Queensland," 2002 Conference (46th), February 13-15, 2002, Canberra, Australia 125112, Australian Agricultural and Resource Economics Society.
    17. Coram, Alex, 2006. "The optimal allocation of water along a system of rivers: a continuous model with sequential bidding," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 50(3), pages 1-14, September.
    18. COCHARD François & ROZAN Anne & SPAETER Sandrine, 2006. "Prevention and Compensation of Muddy Flows: Some Economic Insights," LERNA Working Papers 06.24.217, LERNA, University of Toulouse.
    19. Ridier, Aude & Ben El Ghali, Mohamed & Nguyen, G. & Kephaliacos, Charilaos, 2013. "The role of risk aversion and labor constraints in the adoption of low input practices supported by the CAP green payments in cash crop farms," Review of Agricultural and Environmental Studies - Revue d'Etudes en Agriculture et Environnement (RAEStud), Institut National de la Recherche Agronomique (INRA), vol. 94(2).
    20. Robert Brooks & Edwyna Harris, 2005. "An Analysis of Watermove Water Markets," Monash Econometrics and Business Statistics Working Papers 10/05, Monash University, Department of Econometrics and Business Statistics.
    21. Khanna, Madhu, 2021. "Digital Transformation for a Sustainable Agriculture: Opportunities and Challenges," 2021 Conference, August 17-31, 2021, Virtual 315052, International Association of Agricultural Economists.

    More about this item

    Keywords

    Resource/Energy Economics and Policy;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aare05:137944. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aaresea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.