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Library changing profile of water traders in the Goulburn-Murray Irrigation District, Australia

changing profile of water traders in the Goulburn-Murray Irrigation District, Australia

changing profile of water traders in the Goulburn-Murray Irrigation District, Australia

Resource information

Date of publication
December 2010
Resource Language
ISBN / Resource ID
AGRIS:US201301850359
Pages
1333-1343

This paper examines the changing profile of water traders (both allocation and entitlement traders) in the Goulburn-Murray Irrigation District in Australia, and examines the efficiency of the water allocation and entitlement markets from 1998-99 to 2003-06. The results suggest that the profile of traders in the early and mature stages of the water allocation market differ greatly. In addition, the profile of allocation traders is significantly dissimilar from that of water entitlement traders at all stages of water market development. The decision to buy or sell water allocations was more likely to be associated with a farmer's socioeconomic characteristics and the type of farm, while the decision to buy or sell water entitlements was more likely to be associated with the extent of existing farm infrastructure and farm productivity. Finally, there was strong evidence to suggest that trading in the water allocation market has become more efficient over time, though there is no evidence to suggest the same for the water entitlement market.

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Authors and Publishers

Author(s), editor(s), contributor(s)

Wheeler, Sarah
Bjornlund, Henning
Zuo, Alec
Shanahan, Martin

Publisher(s)
Data Provider
Geographical focus