Transitioning to a water-secure future in the Basin. Increased water scarcity threatens the viability of the Murray-Darling Basin. There has been little analysis conducted of the consequences of water market impediments. The economic dimensions of trade impediments, water management, water market intervention and the net social benefits of water markets are at the core of this project. In particular, this project aims to explore: the impact of impediments and policy in water markets; how further ....Transitioning to a water-secure future in the Basin. Increased water scarcity threatens the viability of the Murray-Darling Basin. There has been little analysis conducted of the consequences of water market impediments. The economic dimensions of trade impediments, water management, water market intervention and the net social benefits of water markets are at the core of this project. In particular, this project aims to explore: the impact of impediments and policy in water markets; how further water market products may increase water market efficiency; and, the nature and sources of transactions costs in markets. Benefits from this project will enhance resilience and adaptation of irrigators to future climate change and water shortages, as well as providing future policy guidance.Read moreRead less
Discovery Early Career Researcher Award - Grant ID: DE150100328
Funder
Australian Research Council
Funding Amount
$374,000.00
Summary
Minimising transaction costs in Murray-Darling Basin water reform. Transaction costs provide social, economic, environmental and political barriers to the effectiveness of water reallocation policy in Australia. These costs are often difficult to quantify, but potentially are subject to measurement. This project aims to develop a comprehensive transaction cost framework for the Murray-Darling Basin that can be used to capture and measure transaction costs related to water policy. Further, the sc ....Minimising transaction costs in Murray-Darling Basin water reform. Transaction costs provide social, economic, environmental and political barriers to the effectiveness of water reallocation policy in Australia. These costs are often difficult to quantify, but potentially are subject to measurement. This project aims to develop a comprehensive transaction cost framework for the Murray-Darling Basin that can be used to capture and measure transaction costs related to water policy. Further, the scope of the cost measurement will involve a variety of data collection approaches. Outcomes include better water policy and management from arrangements that will span the divide between the Basin Plan and its implementation.Read moreRead less
Improving water market outcomes through a better understanding of market behaviour. The issue of water resources and their sustainable use is probably the most important issue facing the rural sector. The water reform process and its aim to secure water for the environment will cause economic and social pain and result in structural change within the irrigation sector. Properly functioning water markets will play an instrumental role in facilitating this process by providing water for the envir ....Improving water market outcomes through a better understanding of market behaviour. The issue of water resources and their sustainable use is probably the most important issue facing the rural sector. The water reform process and its aim to secure water for the environment will cause economic and social pain and result in structural change within the irrigation sector. Properly functioning water markets will play an instrumental role in facilitating this process by providing water for the environment and allowing water to move between competing resources. This study will enable policy makers and water managers to optimise the positive outcome of water markets and increase the likely success of programs to purchase environmental water.Read moreRead less
Understanding, measuring and managing the benefits of urban waterways. This project aims to improve understanding of the contribution of urban waterways to enhanced liveability in cities. Australia needs better water resource management and the rapid growth of Australia’s cities places increased importance on managing natural assets in metropolitan areas. The project focuses on clarifying the link between the benefits of waterways and the measurement techniques used by economists, which in turn ....Understanding, measuring and managing the benefits of urban waterways. This project aims to improve understanding of the contribution of urban waterways to enhanced liveability in cities. Australia needs better water resource management and the rapid growth of Australia’s cities places increased importance on managing natural assets in metropolitan areas. The project focuses on clarifying the link between the benefits of waterways and the measurement techniques used by economists, which in turn inform management choices. The project aims to fill an important gap between the psychology and economics disciplines and outputs should significantly improve the way waterways are valued and managed. This is intended to offer benefits for urban residents and to improve the methodologies used for environmental valuation.Read moreRead less
Special Research Initiatives - Grant ID: SR0354852
Funder
Australian Research Council
Funding Amount
$10,000.00
Summary
Sustainable Regions for a Competitive Australia. How can metropolitan, rural and remote regions balance economic and job growth, with environmental and social sustainability? This Initiative establishes a Network of researchers to work collaboratively on questions of environmental best practice, community development, regional governance, labour markets, economic development and technology transfer. The Network's vision is to find ways to use existing and future research to help make Australia ....Sustainable Regions for a Competitive Australia. How can metropolitan, rural and remote regions balance economic and job growth, with environmental and social sustainability? This Initiative establishes a Network of researchers to work collaboratively on questions of environmental best practice, community development, regional governance, labour markets, economic development and technology transfer. The Network's vision is to find ways to use existing and future research to help make Australia's regions more competitive on world markets and more environmentally sustainable, and to help build stronger regional communities. The Network cuts across traditional discipline boundaries to find integrated solutions to the real problems confronting Australian regions.Read moreRead less
Adapting for an uncertain future: farmer behaviour in water-stressed basins. Given the future risk of water scarcity, farmers will need to plan for greater farm-level adaptation. Drought and policy reform have inflicted significant economic, social and personal stress upon Murray-Darling Basin rural communities. This project aims to aid water managers and policy makers with a greater understanding of transformational farmer adaptation in order to plan for the economic, social and health impacts ....Adapting for an uncertain future: farmer behaviour in water-stressed basins. Given the future risk of water scarcity, farmers will need to plan for greater farm-level adaptation. Drought and policy reform have inflicted significant economic, social and personal stress upon Murray-Darling Basin rural communities. This project aims to aid water managers and policy makers with a greater understanding of transformational farmer adaptation in order to plan for the economic, social and health impacts of future water scarcity from climate change and water reform-related policies. The focus will be on the Murray-Darling Basin, as well as undertaking a comparative analysis with water stressed basins in the United States.Read moreRead less
Water Scarcity and rural social hardship - can water markets alleviate the problem? Present review of water resources within catchments of the Murray-Darling Basin will result in reduced access to water for consumptive use with consequential significant socio-economic and community impacts. Water markets are seen as major instruments to assist farmers in managing this process and thereby minimize the impact within rural communities. However, research has identified several barriers to trade an ....Water Scarcity and rural social hardship - can water markets alleviate the problem? Present review of water resources within catchments of the Murray-Darling Basin will result in reduced access to water for consumptive use with consequential significant socio-economic and community impacts. Water markets are seen as major instruments to assist farmers in managing this process and thereby minimize the impact within rural communities. However, research has identified several barriers to trade and several future research needs. This project addresses five of these issues by providing insight into three community barriers to trade as well as a framework for ongoing monitoring, analyses and reporting of market outcomes and impacts to assist adaptive policy development.Read moreRead less
Identifying cost-effective reforestation approaches for biodiversity conservation and carbon sequestration in the Australian wet tropics. There is great potential for rainforest reforestation to help in the protection of Australia's tropical flora and fauna. Little is known, however, about how to reforest pasture to rainforest for the purpose of maximising the recovery of native biodiversity. We propose a unique experimental study of rainforest reforestation practices with biodiversity conservat ....Identifying cost-effective reforestation approaches for biodiversity conservation and carbon sequestration in the Australian wet tropics. There is great potential for rainforest reforestation to help in the protection of Australia's tropical flora and fauna. Little is known, however, about how to reforest pasture to rainforest for the purpose of maximising the recovery of native biodiversity. We propose a unique experimental study of rainforest reforestation practices with biodiversity conservation as a primary goal. Reforestation is currently an unlikely option for most landholders in Australia's tropics given the lack of data on the economic benefits obtainable from such efforts. Our study examines the profits obtainable through the carbon market for each reforestation approach with the goal of increasing the feasibility of rainforest reforestation in North Queensland.Read moreRead less
Carbon neutral communities: making the transition. This project has well defined National benefits, both economic and social, for the collaborative partners, the business community, policy makers, community groups and the broader Australian community. It contributes toward NRP 1, through developing practical measures for reducing GHG emissions in Australian urban areas, and strategies for overcoming barriers to greater uptake of energy efficiency and alternative technologies; and helping Austra ....Carbon neutral communities: making the transition. This project has well defined National benefits, both economic and social, for the collaborative partners, the business community, policy makers, community groups and the broader Australian community. It contributes toward NRP 1, through developing practical measures for reducing GHG emissions in Australian urban areas, and strategies for overcoming barriers to greater uptake of energy efficiency and alternative technologies; and helping Australia to meet its greenhouse reduction targets. The project economic benefits to through energy savings; stimulating innovation in urban design, building design and transport use; promoting new business opportunities; and encouraging more sustainable lifestyle decisions. Read moreRead less
Political economy of distortions to global agricultural markets. Farmers, agribusiness and governments in Australia and other food-exporting nations have put enormous efforts into seeking reductions in agricultural protectionism, particularly in the past two decades via the Cairns Group in GATT/WTO negotiations but also in bilateral and regional integration initiatives. Yet levels of protection have fallen little for agriculture relative to manufacturing in high-income countries, and in some new ....Political economy of distortions to global agricultural markets. Farmers, agribusiness and governments in Australia and other food-exporting nations have put enormous efforts into seeking reductions in agricultural protectionism, particularly in the past two decades via the Cairns Group in GATT/WTO negotiations but also in bilateral and regional integration initiatives. Yet levels of protection have fallen little for agriculture relative to manufacturing in high-income countries, and in some newly industrializing countries that indicator has been rising. Improving our understanding as to why that is the case will ensure Australia gets a better return from its investment in that area of commercial diplomacy.Read moreRead less