Identifying water prices at which Australian farmers will exit irrigation: Results of a stated preference survey

Zuo Alex, Sarah Ann Wheeler, Peter Boxall, W. L. (Vic) Adamowicz, Darla Hatton MacDonald

Research output: Contribution to journalArticle

11 Citations (Scopus)

Abstract

Among the measures taken by the Australian government to address one of the worst droughts on record in the Murray-Darling Basin, exit package issues have rarely been investigated. A stated preference survey was designed to identify the range of water prices required for irrigators to sell all their water entitlements and leave the irrigation industry. Farmer participation responses are generally price elastic. There are large regional differences in price elasticities, but within a region there are few differences based on subgroups of farmers.
Original languageEnglish
Pages (from-to)109-123
Number of pages15
JournalEconomic Record
Volume91
Issue numberS1
DOIs
Publication statusPublished - Jun 2015

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    Alex, Z., Wheeler, S. A., Boxall, P., Adamowicz, W. L. V., & Hatton MacDonald, D. (2015). Identifying water prices at which Australian farmers will exit irrigation: Results of a stated preference survey. Economic Record, 91(S1), 109-123. https://doi.org/10.1111/1475-4932.12186