Journal article
A tale of two water markets in Australia: lessons for understanding participation in formal water markets
Abstract
Abstract
Water markets are promoted as a demand-management strategy for addressing water scarcity. Although there is an increasing literature on the institutional preconditions required for successful formal water markets, there has been less focus on understanding what drives participation after establishment of the basic enabling conditions. Participation can be measured in terms of either trading activity (conducting either …
Authors
Wheeler SA; Garrick DE
Journal
Oxford Review of Economic Policy, Vol. 36, No. 1, pp. 132–153
Publisher
Oxford University Press (OUP)
Publication Date
January 6, 2020
DOI
10.1093/oxrep/grz032
ISSN
0266-903X