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Testing for allocation efficiencies in water quality tenders across catchments, industries and pollutants: A north Queensland case study

journal contribution
posted on 06.12.2017, 00:00 by John Rolfe, R Greiner, Jill Windle, A Hailu
The design of competitive tenders to purchase environmental services requires judgements to be made about the funding scale and tender scope, with the latter incorporating considerations of geographic area, industries involved and the types of environmental outputs required. Increasing the scale and scope of tenders increases the likelihood that a larger range of proposals will be proposed and cost effective ones selected. However, the use of larger and more broadly scoped tenders may reduce landholder participation and increase asking bids. In the study reported here, these issues have been tested with a single water quality tender run in north-eastern Australia in 2007 and 2008. Post-hoc tests and workshop exercises show that while larger scale and scope tenders can generate efficiency gains, care has to be taken to maintain participation and avoid higher bid levels.

Funding

Category 1 - Australian Competitive Grants (this includes ARC, NHMRC)

History

Volume

55

Issue

4

Start Page

518

End Page

536

Number of Pages

19

eISSN

1467-8489

ISSN

1364-985X

Location

Australia

Publisher

Wiley

Language

en-aus

Peer Reviewed

Yes

Open Access

No

External Author Affiliations

Centre for Environmental Management; Charles Darwin University; Institute for Resource Industries and Sustainability (IRIS); University of Western Australia;

Era Eligible

Yes

Journal

Australian Journal of Agricultural and Resource Economics