{"title":"The spatial distribution and determinants of irrigators’ price choices for water entitlement trading","authors":"J. Haensch","doi":"10.1080/13241583.2022.2074941","DOIUrl":null,"url":null,"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’.","PeriodicalId":51870,"journal":{"name":"Australasian Journal of Water Resources","volume":"26 1","pages":"7 - 19"},"PeriodicalIF":2.4000,"publicationDate":"2022-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Australasian Journal of Water Resources","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/13241583.2022.2074941","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"WATER RESOURCES","Score":null,"Total":0}
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’.
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.