Abstract
The study explores the farm-level economics of cotton farming in a region of Australia, allowing for the potential benefits of water-saving adaptations, and for the effects of climate change on crop production. Results highlight the high current profitability of the cotton Industry, the large potential negative economic impacts of climate change on cotton farmers, the positive economic value of adopting water-saving practices, and the impacts of risk aversion on preferences for water-use adaptions. The study illustrates that detailed modelling of even such a complex farming system can provide valuable insights for management and policy.
Original language | English |
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Qualification | Doctor of Philosophy |
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Award date | 1 Sept 2019 |
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Publication status | Unpublished - 2019 |