ECONOMIC EVALUATION OF WATERSHED MANAGEMENT OPTIONS IN THE IRRIGATED COTTON AREAS OF THE UPPER MURRAY-DARLING BASIN IN NEW SOUTH WALES, AUSTRALIA
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The article combines economic and hydrologic modeling on the watershed level and proposes a method for determining optimal spatial location of irrigation enterprises and use of water by source and intensity of irrigation management. This combination of economic/technical investigation results with solution that explicitly accounts for deep-drainage as a source of environmental adversities. Alternative policies to achieve this solution are analyzed.