Enterprise engagement in natural resource markets

Summary

This project is a scoping study that will summarise the current state of knowledge about enterprise engagement in Australian resource markets. Through the use of a structured adoption framework, which will be developed as part of the study, the relative importance of factors influencing decisions to engage in markets will be examined. The project will document current levels of engagement and evaluate drivers of observed differentials in participation across different agricultural industries, regions and different market types (water allocation and water entitlement markets, and new markets for environmental services – carbon, biodiversity and water quality). This will include an assessment of how attitudes to market based mechanisms have changed over time and reasons for any observed changes. Another area to be investigated is the current state of knowledge about interactions between different water markets and interactions between water markets and markets for environmental services (noting synergies, conflicting incentives and other factors potentially affecting engagement in each market).

Program

National Rural Issues

Research Organisation

Aither Pty Ltd

Objective Summary

The overarching objective of this study is to document what is known about enterprise engagement in resource markets (predominantly water markets), including the level of engagement/participation, changes in attitudes to market instruments, the factors and processes that influence the choice to engage and the ‘depth’ of engagement. This will involve assembling information from a range of secondary sources, including empirical studies, econometric studies, longitudinal evaluations, statistical summaries, published case studies and anecdotal information obtained through consultations.

Project Code

PRJ-008832

Project Stage

Closed

Project Start Date

Friday, March 1, 2013

Project Completion Date

Friday, May 31, 2013

Journal Articles From Project

Not Available

National Priority

An environmentally sustainable Australia

National Priority

Adoption of R&D

National Priority

NRI-National Rural Issues

Contact

Related publications

09.12.13

Rural sector engagement in markets for managing natural resources