Please use this identifier to cite or link to this item: https://hdl.handle.net/1959.11/22965
Title: On the efficient use of a catchment's land and water resources: dryland salinization in Australia
Contributor(s): Greiner, Romy (author); Cacho, Oscar J (author)orcid 
Publication Date: 2001
DOI: 10.1016/s0921-8009(01)00192-6
Handle Link: https://hdl.handle.net/1959.11/22965
Abstract: This paper presents an investigation into the questions of long-term Pareto-optimal use of a catchment's land and water resources in the face of encroaching dryland salinization. An optimal control approach is adopted for problem analysis and translated into a dynamic catchment optimization model of salinity management. Model results suggest that, for the catchment under consideration, it is economically efficient to restrict soil salinization to a fraction of the area at risk. In the model, large-scale land-use changes, as required for maximization of the present value of the catchment, are implemented within a decade. Optimal control activities focus on the areas potentially affected by salinity rather than the 'recharge areas' of the catchment, suggesting that upstream recharge is largely Pareto irrelevant. Pigovian and Coasean policy approaches are discussed under specific consideration of: (1) salinization as a stock externality; (2) the non-point source pollution character of recharge; and (3) the isolation paradox surrounding salinity management.
Publication Type: Journal Article
Source of Publication: Ecological Economics, 38(3), p. 441-458
Publisher: Elsevier BV
Place of Publication: The Netherlands
ISSN: 0921-8009
1873-6106
Field of Research (FOR): 050207 Environmental Rehabilitation (excl. Bioremediation)
140205 Environment and Resource Economics
140201 Agricultural Economics
Peer Reviewed: Yes
HERDC Category Description: C1 Refereed Article in a Scholarly Journal
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