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Modelling rice and cotton acreage response in the Murray Darling Basin in Australia.

机译:对澳大利亚默里达令盆地的水稻和棉花种植面积响应进行建模。

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摘要

Although water markets have been in operation for nearly 30 years, previous empirical studies have ignored farmer's land use response to water trading in the Murray-Darling Basin (MDB), Australia. A Nerlovian partial adjustment model of rice and cotton acreage response in the MDB were specified and estimated using data for the period 1965-2008. The results indicate that acreage response for rice and cotton with respect to the price of water are inelastic in both the short- and long-run. The findings of this study bring into question the effectiveness of water trading scheme as the primary means of ensuring the efficient use of water and highlight the need for other complementary measures in the MDB. The results of this study highlight the complex interdependencies of many factors that influence farmer's land use decisions and draw an important conclusion that although water trading has increased the efficient use of irrigated water, its impact on farmers' land use decisions has been too small to stimulate any significant reduction in irrigated water usage in the MDB.
机译:尽管水市场已经运作了将近30年,但是以前的经验研究忽略了澳大利亚默里达令盆地(MDB)的农民对水交易的土地利用反应。指定了MDB中水稻和棉花种植面积响应的Nerlovian部分调整模型,并使用1965-2008年期间的数据进行了估算。结果表明,无论短期还是长期,稻米和棉花的种植面积响应水价都是无弹性的。这项研究的结果使人们质疑水交易计划作为确保有效用水的主要手段的有效性,并强调了多边开发银行需要其他补充措施的必要性。这项研究的结果突显了影响农民土地使用决策的许多因素之间的复杂相互依存关系,并得出了重要的结论:尽管水贸易增加了灌溉水的有效利用,但对农民土地使用决策的影响却很小,难以激发。 MDB中灌溉水用量的任何显着减少。

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