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A Comparative Assessment of Water Markets: Insights from the Murray-Darling Basin of Australia and the Western US
water markets US west Murray-Darling Basin gains from trade
2014/6/24
Water markets in Australia’s Murray-Darling Basin (MDB) and the US west are compared in terms of their ability to allocate scarce water resources. The study finds that the gains from trade in the MDBa...
Water Markets: Australia’s Murray-Darling Basin and the US Southwest
Water Markets Australia’s Murray-Darling Basin the US Southwest
2014/6/24
Worldwide supplies of fresh water are increasingly scarce relative to demand. This problem is likely to be exacerbated with climate change. In this paper, we examine water markets in both Australia’s ...