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Comparative assessment of water markets: insights from the Murray-Darling Basin of Australia and the Western USA

Grafton, R Quentin; Libecap, Gary; Edwards, Eric; O'Brien, Bob; Landry, Clay


Water markets in Australia's Murray-Darling Basin (MDB) and the western USA are compared in terms of their ability to allocate scarce water resources. The study finds that the gains from trade in the MDB are worth hundreds of millions of dollars per year

CollectionsANU Research Publications
Date published: 2012
Type: Journal article
Source: Water Policy
DOI: 10.2166/wp.2011.016


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