Premium
The Economic Impacts of a New Dam in South‐East Queensland
Author(s) -
Wittwer Glyn
Publication year - 2009
Publication title -
australian economic review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.308
H-Index - 29
eISSN - 1467-8462
pISSN - 0004-9018
DOI - 10.1111/j.1467-8462.2009.00506.x
Subject(s) - computable general equilibrium , mainland , government (linguistics) , welfare , mainland china , geography , population , economic impact analysis , water resource management , natural resource economics , economics , environmental science , china , market economy , linguistics , demography , archaeology , sociology , macroeconomics , microeconomics , philosophy
Abstract South‐East Queensland has combined the most rapid population growth in Australia with rainfall that has persisted below average for many years. The Queensland Government has responded with a number of plans to supplement existing water supplies in the region. This paper uses a multiregional, dynamic CGE model to estimate the regional impacts of construction of Traveston dam. The magnitude of net welfare benefits of the project depends on underlying assumptions concerning future rainfall patterns. All the mainland state governments are proposing water supply augmentation measures. It is probable that a number of these projects are not justifiable on economic grounds.