Antipodean Agricultural and Resource Economics at 60: Natural Resource Management

17 Pages Posted: 4 Oct 2016

See all articles by David J. Pannell

David J. Pannell

University of Western Australia

Graeme Doole

The University of Western Australia - School of Agricultural and Environment

Jimmy Cheung

The University of Western Australia - School of Agricultural and Environment

Date Written: October 2016

Abstract

Australian and New Zealand research on the economics of natural resource management (NRM) has a relatively short history. Defining NRM as including water, fisheries, agricultural land, nature conservation and forestry, 65 per cent of all Australasian journal articles in the area have been published since 2005. The most researched NRM issue is water, followed by fisheries and agricultural land. Most of the NRM issues with a high level of economic research are issues that have had major policy initiatives in place at around the time of the studies, highlighting the high policy relevance of most of the research. For each NRM issue, we identify important contributions that have been made by Australian economists. These include the design and implementation of well‐functioning water markets, the provision of strong critiques of agricultural NRM programs, advice on the design and implementation of individual transferable quotas for fisheries and many more.

Keywords: environmental economics, individual transferable quota, resource economics, soil conservation, water market

Suggested Citation

Pannell, David J. and Doole, Graeme and Cheung, Jimmy, Antipodean Agricultural and Resource Economics at 60: Natural Resource Management (October 2016). Australian Journal of Agricultural and Resource Economics, Vol. 60, Issue 4, pp. 651-667, 2016. Available at SSRN: https://ssrn.com/abstract=2847371 or http://dx.doi.org/10.1111/1467-8489.12172

David J. Pannell (Contact Author)

University of Western Australia ( email )

35 Stirling Highway
Crawley, Western Australia 6009
AUSTRALIA
(08) 9844 8659 (Phone)
(08) 9844 8659 (Fax)

HOME PAGE: http://www.general.uwa.edu.au/u/dpannell/welcome.html

Graeme Doole

The University of Western Australia - School of Agricultural and Environment ( email )

Nedlands, Western Australia 6907
Australia

Jimmy Cheung

The University of Western Australia - School of Agricultural and Environment

Nedlands, Western Australia 6907
Australia

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