The spatial distribution and determinants of irrigators’ price choices for water entitlement trading

IF 2.4 Q2 WATER RESOURCES Australasian Journal of Water Resources Pub Date : 2022-01-02 DOI:10.1080/13241583.2022.2074941
J. Haensch
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引用次数: 1

Abstract

ABSTRACT Although many studies have examined irrigators’ water trading behaviour, little is known about how irrigators value their water, especially for their water entitlements (permanent water rights). This article’s aim is to assess the determinants of irrigators’ values for their water (i.e. price choices for selling and buying of water entitlements). Specifically, we focus on spatial determinants and how irrigators’ price choices vary spatially. We used stated preferences data from an irrigator survey in the southern Murray-Darling Basin (MDB) in Australia at the end of the Millennium drought (2011). It was found that (spatial) influences affect the price choices of the selling and buying decision differently depending e.g. on irrigators’ location in the southern MDB, i.e. with regards to rural areas, lower resource areas and the regional socio-economic index. Furthermore, irrigators’ valued their water differently if they owned it compared to if they were going to own it, which may relate to the ‘endowment effect’.
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灌溉者水权交易价格选择的空间分布及其决定因素
尽管许多研究调查了灌溉者的水交易行为,但很少有人知道灌溉者如何评估他们的水,特别是他们的水权利(永久水权)。本文的目的是评估灌溉者的水价值的决定因素(即买卖水权的价格选择)。具体来说,我们关注的是空间决定因素以及灌溉者的价格选择如何在空间上变化。我们使用了千年干旱(2011年)结束时澳大利亚墨累-达令盆地(MDB)南部灌溉者调查的既定偏好数据。研究发现,(空间)影响对销售和购买决策的价格选择的影响不同,例如取决于灌溉者在湄公河流域南部的位置,即与农村地区、资源较低地区和区域社会经济指数有关。此外,如果灌溉者拥有水,他们对水的价值就会与他们将要拥有水的价值不同,这可能与“禀赋效应”有关。
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来源期刊
CiteScore
5.10
自引率
21.90%
发文量
25
期刊介绍: The Australasian Journal of Water Resources ( AJWR) is a multi-disciplinary regional journal dedicated to scholarship, professional practice and discussion on water resources planning, management and policy. Its primary geographic focus is on Australia, New Zealand and the Pacific Islands. Papers from outside this region will also be welcomed if they contribute to an understanding of water resources issues in the region. Such contributions could be due to innovations applicable to the Australasian water community, or where clear linkages between studies in other parts of the world are linked to important issues or water planning, management, development and policy challenges in Australasia. These could include papers on global issues where Australasian impacts are clearly identified.
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