TY - BOOK AU - Bennett,Jeff ED - Edward Elgar Publishing. TI - The evolution of markets for water: theory and practice in Australia T2 - New horizons in environmental economics SN - 9781845426682 (e-book) AV - HD1700.A1 E96 2005 U1 - 363.6/1/0994 22 PY - 2005/// CY - Cheltenham, U.K., Northampton, Mass. PB - Edward Elgar KW - Water-supply KW - Economic aspects KW - Australia KW - Congresses KW - Environmental aspects KW - Government policy KW - Management KW - Irrigation KW - Water rights KW - Water resources development KW - Electronic books KW - lcsh N1 - Papers presented at a workshop held in Melbourne in August 2004; Includes bibliographical references and index; 1. Markets and government--an evolving balance -- 2. Principles and issues for effective Australian water markets -- 3. The historical variation in water rights -- 4. State administration versus private innovation : the evolution of property rights to water in Victoria, Australia -- 5. A property framework for water markets : the role of law -- 6. Registration of water titles : key issues in developing systems to underpin market development -- 7. Accounting for water flows : are entitlements to water complete and defensible and does this matter? -- 8. Potential efficiency gains from water trading in Queensland -- 9. Water trading instruments in Australia : some thoughts on future development of Australian water markets -- 10. Realising environmental demands in water markets N2 - This book presents a detailed picture of the evolutionary processes at work in water markets with a particular focus on theory and practice in Australia. Policymakers are striving to strike a balance between the pros and cons of a property rights/market based approach to the allocation of water resources, as opposed to an approach that centres on government regulation. The current movement in Australia is toward the use of markets, and numerous reforms are either underway or under consideration in that direction. This provides an ideal opportunity to observe the factors at play in determining the balance and hence the mix of policy instruments at work. The distinguished contributors offer a range of perspectives--economic, legal, environmental--and combine conceptual analysis with evidence from real policy decisions UR - https://www.elgaronline.com/view/9781845424008.xml ER -