Rent-seeking behaviour and regulatory capture in the Murray-Darling Basin, Australia

We examine water governance in the Murray-Darling Basin using the frameworks of rent-seeking and regulatory capture. These frameworks are used to evaluate two government programmes intended to ensure an environmentally sustainable level of water diversions in the basin: targeted one-on-one purchases...

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Bibliographic Details
Published inInternational journal of water resources development Vol. 36; no. 2-3; pp. 484 - 504
Main Authors Grafton, R. Quentin, Williams, John
Format Journal Article
LanguageEnglish
Published Guildford Routledge 03.03.2020
Taylor & Francis Ltd
Subjects
Australia
basins
corruption
Governance
infrastructure
Irrigation
Irrigation efficiency
Money
Murray-Darling Basin
Public debt
Rent
Rent-seeking
River basins
Rivers
Subsidies
transparency
water
Water governance
water management
Australia
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Summary:We examine water governance in the Murray-Darling Basin using the frameworks of rent-seeking and regulatory capture. These frameworks are used to evaluate two government programmes intended to ensure an environmentally sustainable level of water diversions in the basin: targeted one-on-one purchases of water entitlements from designated sellers; and subsidies for irrigation infrastructure to increase irrigation efficiency. Deficiencies in delivering the stated environmental goals of both programmes, and questions about their 'value for money', are highlighted. Specific recommendations are provided about how to mitigate both rent-seeking and regulatory capture of water reform initiatives in large river basins.
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ISSN:0790-0627
1360-0648
1360-0648
DOI:10.1080/07900627.2019.1674132