Bulletin 4396 - Byenup Hill Focus Catchment Benefit: Cost analysis

Authors

Allan Herbert, Agriculture Western Australia

Files

Publication Date

11-1999

Series Number

4396

Abstract

The main text of this document concentrates on the costs of the proposed strategies, and the on-farm financial benefits from forecast production changes - in particular the production differences between the 'do nothing' and 'with strategy' scenarios.

Members of the catchment group indicated however that their main focus was on preserving their capital base. Hence some discussion of the values of land lost to salt and premiums/discounts for 'landcared' vs 'unlandcared' land appears later in the report. Economics literature suggests that including changes in land values into these analyses is incorrect. It is argued that production differences are actually captured in land sales - people are willing to pay more for land with higher production potential. By adding both production benefits and land value benefits, there is double accounting.

Number of Pages

24

ISSN

1326 - 415X

Publisher

Agriculture Western Australia

City

Perth

Keywords

Byenup Hill Focus Catchment, Land management, Farming, Financial management, Western Australia

Disciplines

Agribusiness | Agricultural Economics | Agricultural Science | Agronomy and Crop Sciences | Environmental Indicators and Impact Assessment | Environmental Monitoring | Finance and Financial Management | Natural Resources Management and Policy

Comments

Detailed discussion and supporting document to the Benefit:Cost Analysis appearing in the Implementation section of the Byenup Hill Catchment Action Plan.

Recommended Citation

Herbert, A. (1999), Bulletin 4396 - Byenup Hill Focus Catchment Benefit: Cost analysis. Agriculture Western Australia, Perth. Bulletin 4396.
https://library.dpird.wa.gov.au/bulletins/352

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