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CRC PUBLICATIONS

Nature, Preparation and Use of Water Accounts in Australia

Manfred Lenzen

Publication Type:

Technical Report
This is a publication of the current CRC for Catchment Hydrology

CRC Program:

Sustainable Water Allocation

Publication Keywords:

Water resources
Water use
Models
Water data
Environmental management
Information systems
Audits
Reviews
Statistical analysis
Data analysis
Input output analysis



Abstract / Summary:

With the advent of water reform framework instigated by the Council of Australian Governments (COAG), water trading on both temporary and permanent basis has become a prominent feature in all major irrigation areas in Australia. It is important to understand the principal drivers for and constraints on water trading, and to enhance existing hydrologic models for better river management. In addition, there is also a need to assess the impact of the re-distribution of water resources through trade on local economy. Input-output analysis and integration of water accounts into input-output tables have been identified as a powerful methodological framework for regional impact analysis.

Input-output is essentially a method of compilation which describes the inter-dependence of industries in terms of the flow of goods and services. It is rich in detail and captures the structure of the national and regional economy. Input-output is the framework of accounts used at both state and federal levels in Australia. Water account describes the physical flow of the water resource from the environment through various economic sectors. In Australia, water accounts consist of water supply and use tables according to the Input-Output Broad Industry Group (IOBIG) classifications. This classification allows physical data on water to be matched with monetary/economic data available at the same level of detail. Water accounts are part of a broader environmental accounting framework.

This report on the nature and use of water accounts reviews major research activities and outcomes in this important area, especially the work carried out at ABS, CSIRO and University of Sydney in Australia. The report has outlined the methodology to integrate water accounts into input-output transaction tables for water multiplier calculations, and highlighted the data-intensive nature of input-output analysis and spatial issues associated with regional water accounts and input-output tables.

Bofu Yu
Griffith University
Project Leader, Sustainable Water Allocation
CRC for Catchment Hydrology

This report is available for purchase from the Centre Office at $27.50 per copy (GST inclusive) and will be available for downloading below.

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technical200402.pdf

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