Publication Details |
Category | Text Publication |
Reference Category | Journals |
DOI | 10.1016/j.agwat.2013.12.005 |
Title (Primary) | Integrated hydro-ecological and economic modeling of environmental flows: Macquarie Marshes, Australia |
Author | Akter, S.; Grafton, R.Q.; Merritt, W.S. |
Source Titel | Agricultural Water Management |
Year | 2014 |
Department | OEKON |
Volume | 145 |
Page From | 98 |
Page To | 109 |
Language | englisch |
Keywords | Hydro-ecological-economic modelling; Environmental flows; Non-use values; Use and nonuse trade-offs; IBIS Decision Support System; Macquarie Marshes, the Murray Darling Basin; Australia |
UFZ wide themes | RU6 |
Abstract | This study provides a method to combine hydro-ecological response model outputs and nonmarket economic values of wetland inundation to estimate a unit price of environmental water. We show how an integrated socio-economic and hydro-ecological modelling approach may assist policy makers with water allocation decisions across competing uses. The IBIS decision support system incorporates a hydro-ecological model and is used to estimate the habitat suitability condition of wetland attributes for a given hydrology scenario. Non-use economic values of wetland attributes obtained by non-market valuation studies are then linked to the hydro-ecological model outputs to estimate marginal value of environmental flows. The contribution is to provide a robust, scientifically and economically valid method to estimate the marginal value of environmental water and to quantitatively evaluate the trade-offs involved in water allocation decisions across competing uses for water. |
Persistent UFZ Identifier | https://www.ufz.de/index.php?en=20939&ufzPublicationIdentifier=15502 |
Akter, S., Grafton, R.Q., Merritt, W.S. (2014): Integrated hydro-ecological and economic modeling of environmental flows: Macquarie Marshes, Australia Agric. Water Manage. 145 , 98 - 109 10.1016/j.agwat.2013.12.005 |