The economic impact of water reductions during the millennium drought in the Murray-Darling Basin
Date
2012
Authors
Kirby, M.
Connor, J.
Bark, R.
Qureshi, E.
Keyworth, S.
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Conference paper
Citation
56th AARES annual conference, 2012, pp.1-16
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56th AARES annual conference (7 Feb 2012 - 10 Feb 2012 : Australia)
Abstract
The recent drought saw the lowest inflows on record in the Murray-Darling Basin in 2006. Water use by irrigation in 2007-8 and 2008-9 was about one third that of pre-drought levels. Understanding how irrigation adapted to less water is key both to provide information to help plan for the future and data for model calibration. Complicating this objective was the concurrent international food price crisis of 2008 and an increase in water trading in the basin. This presents a challenge in unpacking the effects of commodity price changes, input substitution, productivity gains and water trading from the effect of reduced water availability. In this paper we seek Our objective is to unpack the various effects.
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Copyright 2012 CSIRO. All rights reserved. Readers may make verbatim copies of this document for non-commercial purposes by any means, provided that this copyright notice appears on all such copies.