Moving from Piecemeal Accounting to a Pragmatic Economic Approach to Water Pricing in Australia
AbstractIt is often said that water is under-priced and that if the full cost of water were charged, water use would be more sustainable. Moving from a statement to actual practice requires a shift in thinking about the fundamental economics. Australia has embarked on a process of economic reform and part of the reform package in the water sector has required States within Australia to report on progress towards full cost pricing, including the set of costs and in some circumstances, benefits, through changes to the environment.
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Bibliographic InfoPaper provided by Policy and Economic Research Unit, CSIRO Land and Water, Adelaide, Australia in its series Natural Resource Management Economics with number 04_005.
Length: 15 pages
Date of creation: Mar 2004
Date of revision:
Contact details of provider:
Postal: Policy & Economic Research Unit, CSIRO Land and Water, PMB2, Glen Osmond, South Australia 5064
Web page: http://www.clw.csiro.au/research/peru/
More information through EDIRC
water; full cost; economics; externalities; Murray-Darling Basin;
Find related papers by JEL classification:
- Q0 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General
- Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture
- Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
This paper has been announced in the following NEP Reports:
- NEP-ACC-2005-08-20 (Accounting & Auditing)
- NEP-AGR-2005-08-20 (Agricultural Economics)
- NEP-ALL-2005-08-20 (All new papers)
- NEP-MIC-2005-08-20 (Microeconomics)
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