Economic Analysis of an Environmental Challenge: Salinity, Uncertainty and Property. The applicability of standard property-rights solutions to complex environmental issues such as salinity is examined. Water and carbon trading, as well as issues relating to agricultural land management are addressed. In particular, the use of price instruments as a potentially more attractive mechanism than standard quantity instruments for achieving desirable outcomes is examined. The project will exploit and ....Economic Analysis of an Environmental Challenge: Salinity, Uncertainty and Property. The applicability of standard property-rights solutions to complex environmental issues such as salinity is examined. Water and carbon trading, as well as issues relating to agricultural land management are addressed. In particular, the use of price instruments as a potentially more attractive mechanism than standard quantity instruments for achieving desirable outcomes is examined. The project will exploit and extend recent theoretical developments in modelling under conditions of uncertainty, and the use of price and quantity instruments in regulatory contexts.Read moreRead less
Sustainable farming in Australia: Market instruments for improved land management. Sustainable farming has become a national priority. As climate change and global economic pressures increase the problems facing rural areas, Australian governments have attempted to combine more sustainable land management with a competitive agricultural sector. Several policy instruments using market incentives have been proposed to manage the competing demands of farm viability and environmental sustainability. ....Sustainable farming in Australia: Market instruments for improved land management. Sustainable farming has become a national priority. As climate change and global economic pressures increase the problems facing rural areas, Australian governments have attempted to combine more sustainable land management with a competitive agricultural sector. Several policy instruments using market incentives have been proposed to manage the competing demands of farm viability and environmental sustainability. This project will examine the responses of beef, dairy and grain farmers to these initiatives and their potential for addressing pressing environmental issues. The research will make a vital contribution to the design of policies for the future of farming, resilient rural communities and an environmentally sustainable Australia.Read moreRead less