New CRC Technical Report - Sustainable Water Allocation Program
March 27, 2003
CRC Technical Report 02/9 - Water Trading in the Goulburn-Murray Irrigation Scheme - by Wijedasa Hewa, Hector Malano, Tom McMahon, Hugh Turral and Garry Smith is now available for purchase from the Centre Office or can be downloaded below (from 28th March)
Preface
CRC Project 3.1:'Integration of water balance,climatic and economic models ' aims to integrate hydrologic and economic modelling to examine the economic and environmental impacts of water allocation policies.
This process comprises the selection and development of integrated modelling tools to support policy and management decision-making processes by water authorities. CRC for Catchment Hydrology Associate Project 3.6 involves the integration of hydrologic modelling with economic modelling to study the potential impacts on environmental flows arising from temporary and permanent trading in water entitlements in the major Victorian rivers.This present report presents the findings of a survey of temporary and permanent water traders in Victoria designed to ascertain the main drivers of water trading and quantify their relative importance.
The findings of the survey also enabled the quantification of critical economic relations that form part of a comprehensive water demand model designed to complement the existing modelling framework used by Victorian water authorities. The modeling framework can play a vital role in predicting the potential environmental externalities resulting from expanding water markets.
John Tisdell, Program Leader
Sustainable Water Allocation Program
CRC for Catchment Hydrology
The report will is available for downloading below and can be purchased from the Centre Office.
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