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

R. Quentin Grafton*, John Williams

*Corresponding author for this work

    Research output: Contribution to journalArticlepeer-review

    56 Citations (Scopus)

    Abstract

    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.

    Original languageEnglish
    Pages (from-to)484-504
    Number of pages21
    JournalInternational Journal of Water Resources Development
    Volume36
    Issue number2-3
    DOIs
    Publication statusPublished - 3 Mar 2020

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