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Economic Efficiency and Property Rights Issues in the Management of Rural Water

Author

Listed:
  • Alaouze, C.M.
  • Whelan, S.P.

Abstract

In Australia, the state water Acts and related legislation determine the broad outline of property rights governing the water entitlements of irrigators and rural towns. Thus, these water rights may be described as state property regimes (Bromley 1991, p. 23). Irrigators, however, operate in a private sector environment where adaptability to climatic and market, forces is necessary for the maintenance of profitability. We critically assess the pricing, reliability and intertemporal characteristics of water rights in the major irrigation districts of Victoria and NSW.

Suggested Citation

  • Alaouze, C.M. & Whelan, S.P., 1996. "Economic Efficiency and Property Rights Issues in the Management of Rural Water," Papers 96/6, New South Wales - School of Economics.
    • Handle: RePEc:fth:nesowa:96/6
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    Cited by:

    1. Crase, Lin & O'Reilly, Leo & Dollery, Brian, 2000. "Water markets as a vehicle for water reform: the case of New South Wales," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 44(2), pages 1-23.

    More about this item

    Keywords

    WATER; MANAGEMENT; NATURAL RESOURCES;
    All these keywords.

    JEL classification:

    • Q29 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Other
    • Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
    • K30 - Law and Economics - - Other Substantive Areas of Law - - - General

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