Transitioning to a water-secure future in the Basin. Increased water scarcity threatens the viability of the Murray-Darling Basin. There has been little analysis conducted of the consequences of water market impediments. The economic dimensions of trade impediments, water management, water market intervention and the net social benefits of water markets are at the core of this project. In particular, this project aims to explore: the impact of impediments and policy in water markets; how further ....Transitioning to a water-secure future in the Basin. Increased water scarcity threatens the viability of the Murray-Darling Basin. There has been little analysis conducted of the consequences of water market impediments. The economic dimensions of trade impediments, water management, water market intervention and the net social benefits of water markets are at the core of this project. In particular, this project aims to explore: the impact of impediments and policy in water markets; how further water market products may increase water market efficiency; and, the nature and sources of transactions costs in markets. Benefits from this project will enhance resilience and adaptation of irrigators to future climate change and water shortages, as well as providing future policy guidance.Read moreRead less
International Trade, Climate Change and Economic Policy. The research project addresses the role of, and interactions between, environmental and international trade policies within the context of a global economy with increasingly open economies whose production and consumption activities generate emissions of greenhouse gases that accumulate in the atmosphere and have potentially adverse effects on the world’s climate, which then impacts the environment, production and households. The objective ....International Trade, Climate Change and Economic Policy. The research project addresses the role of, and interactions between, environmental and international trade policies within the context of a global economy with increasingly open economies whose production and consumption activities generate emissions of greenhouse gases that accumulate in the atmosphere and have potentially adverse effects on the world’s climate, which then impacts the environment, production and households. The objective is to develop better understanding of the nexus between the international economy, climate change through the environment, and international trade and environmental policies. It will achieve this objective by analyses of multi-country models of international trade, climate change and policy design.Read moreRead less
Investigating Linkages Among Individual Decision Rules, Properties of Experimental Designs and Choice Models In Environmental Economics Applications. Discrete Choice Experiments or 'stated preference' (SP) surveys are increasingly being used to estimate public benefits of proposed environmental policy changes. The accuracy of environmental policy analyses and forecasts of welfare changes based on SP models depends heavily on unbiased parameter estimates. Our project aims to assess what happens i ....Investigating Linkages Among Individual Decision Rules, Properties of Experimental Designs and Choice Models In Environmental Economics Applications. Discrete Choice Experiments or 'stated preference' (SP) surveys are increasingly being used to estimate public benefits of proposed environmental policy changes. The accuracy of environmental policy analyses and forecasts of welfare changes based on SP models depends heavily on unbiased parameter estimates. Our project aims to assess what happens if common assumptions about consumer preferences in SP surveys are violated. We also study whether exploratory analysis methods can detect the violations to guide future research and applications. Successful completion of this project will lead to more accurate policy analyses and forecasts based on discrete choice models.Read moreRead less
Improving payments for ecosystem services efficacy. This project aims to improve the cost-effectiveness of payments for ecosystem services (PES) programs in settings where deforestation risk is high. The project introduces a field experiment in Uganda in order to determine effective methods for monitoring compliance and setting payment levels. The project intends to examine whether program impacts are undermined by displacement of deforestation and if there are poverty reduction trade-offs inher ....Improving payments for ecosystem services efficacy. This project aims to improve the cost-effectiveness of payments for ecosystem services (PES) programs in settings where deforestation risk is high. The project introduces a field experiment in Uganda in order to determine effective methods for monitoring compliance and setting payment levels. The project intends to examine whether program impacts are undermined by displacement of deforestation and if there are poverty reduction trade-offs inherent in program design. The project expects to establish the costs of foregone production from land enrolled in the program, which are largely unknown. The findings will support efforts to create low cost technologies to solve conservation challenges and assist with the efficient allocation of scarce resources for environmental protection in both Australian and international contexts.Read moreRead less
Biosecurity or Trade Barrier? The Economic Costs of Quarantine. Agricultural, fishing and forestry groups are united in supporting strict biosecurity measures, such as quarantine, in order to prevent any possibility of the importation of diseases. However, the importation of certain products from "diseased" countries does not necessarily mean that the disease will also be imported, and even if imported it may not result in the destruction of the local industry. The "diseased" countries obviousl ....Biosecurity or Trade Barrier? The Economic Costs of Quarantine. Agricultural, fishing and forestry groups are united in supporting strict biosecurity measures, such as quarantine, in order to prevent any possibility of the importation of diseases. However, the importation of certain products from "diseased" countries does not necessarily mean that the disease will also be imported, and even if imported it may not result in the destruction of the local industry. The "diseased" countries obviously remain competitive if they are able to export the products. Foreign quarantine restrictions are restricting Australia's access to international markets. The costs to consumers of the current zero-tolerance policy has not been quantified. The costs may indeed exceed the benefit.Read moreRead less
Institutional transitions to sustainable agriculture: An inter-disciplinary analysis of a novel common-property resource governance system. Efforts to overcome the severe degradation of land resources supporting agriculture and human communities continue to be constrained by institutions and social norms. The knowledge needed for a transition to sustainable agricultural landscapes through institutional change is inadequate. A collaboration between specialists in economics, politics, sociology, ....Institutional transitions to sustainable agriculture: An inter-disciplinary analysis of a novel common-property resource governance system. Efforts to overcome the severe degradation of land resources supporting agriculture and human communities continue to be constrained by institutions and social norms. The knowledge needed for a transition to sustainable agricultural landscapes through institutional change is inadequate. A collaboration between specialists in economics, politics, sociology, ecology and soil science at the University of New England and graziers in an upper Murray-Darling subcatchment will analyse the transition to a common-property institution on this subcatchment. It will make a distinctively Australian contribution to international efforts to understand such transitions, and serve as a model for progress towards sustainability elsewhere in Australia.
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Climate change and energy policy: elements of a robust policy mix. The national benefits of the project lie directly in assisting Australia achieve significant emissions reductions (at least 60% by 2050) as part of the global effort to avoid dangerous climate change. This needs to be done in an effective, efficient and equitable manner that takes into account other national policy goals including those of the energy sector. There are clear benefits in developing a framework that can assist in cr ....Climate change and energy policy: elements of a robust policy mix. The national benefits of the project lie directly in assisting Australia achieve significant emissions reductions (at least 60% by 2050) as part of the global effort to avoid dangerous climate change. This needs to be done in an effective, efficient and equitable manner that takes into account other national policy goals including those of the energy sector. There are clear benefits in developing a framework that can assist in creating a policy mix that explicitly deals with the complementarities and trade-offs that arise in the interaction of the various policy instruments employed to achieve these multiple goals.Read moreRead less
Indian agriculture in the 21st century: The political economy of market reforms. India has emerged to be a key player in the 21st century global economy, with the fortunes of its agricultural sector central to its economic and social transformations. These issues have great relevance beyond India itself, and are of vital interest to Australia. India's prominent role in WTO agricultural negotiations means that its stance on market agriculture will shape the future global politics of food. Using c ....Indian agriculture in the 21st century: The political economy of market reforms. India has emerged to be a key player in the 21st century global economy, with the fortunes of its agricultural sector central to its economic and social transformations. These issues have great relevance beyond India itself, and are of vital interest to Australia. India's prominent role in WTO agricultural negotiations means that its stance on market agriculture will shape the future global politics of food. Using case studies of strategic sites of market reforms, this project will analyse their social and economic outcomes, with the aim to generate an internationally significant assessment of the political economy of Indian agrarian reform.Read moreRead less
Risk assessment of climate change mitigation measures. This project will consider market based mechanisms for environmental protection policies and will have both a theoretical and a practical dimension. The main benefactors of the project will be environmental regulators and policy makers working in this area.
Natural resources and ecosystem services in productivity measurement. This project aims to understand sources of productivity growth through addressing theoretical and practical problems in the economics of natural resources and ecosystem services. It will study the valuation of non-renewable resources and ecosystem services, acknowledging their contributions to economic activity and the effect on national income from their depletion and degradation. It will develop approaches to incorporating n ....Natural resources and ecosystem services in productivity measurement. This project aims to understand sources of productivity growth through addressing theoretical and practical problems in the economics of natural resources and ecosystem services. It will study the valuation of non-renewable resources and ecosystem services, acknowledging their contributions to economic activity and the effect on national income from their depletion and degradation. It will develop approaches to incorporating natural resource depletion and degradation into productivity analysis with the aim of better informing environmental, innovation and industry policy.Read moreRead less