IDEAS home Printed from https://ideas.repec.org/a/taf/revpoe/v11y1999i4p431-442.html
   My bibliography  Save this article

The Political Economy of Water Abstraction Charges

Author

Listed:
  • Stephen Merrett

Abstract

An important economic instrument in the management of a river catchment's water resources is the charges made by government for the abstraction of water from ground and surface sources. Abstraction charges are a form of rent. However, the classical theory of differential rent has limited application to abstraction prices because that theory's assumption of competition in the supply of the natural resource does not hold in this case. Here, the property rights of individual households and of institutions to draw water are assigned by a state monopoly. In order to understand the specific and contingent practices of government in different countries, a taxonomy of charge-setting principles is proposed. This paper sets out six principal fields of action for sustainable water resource planning and, in that context, recommends full incentive charging as the basis of catchment policy.

Suggested Citation

  • Stephen Merrett, 1999. "The Political Economy of Water Abstraction Charges," Review of Political Economy, Taylor & Francis Journals, vol. 11(4), pages 431-442.
    • Handle: RePEc:taf:revpoe:v:11:y:1999:i:4:p:431-442
    DOI: 10.1080/095382599106904
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/095382599106904
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/095382599106904?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Geoffrey M. Hodgson & Warren J. Samuels & Marc R. Tool (ed.), 1994. "The Elgar Companion to Institutional and Evolutionary Economics," Books, Edward Elgar Publishing, volume 0, number 228.
    2. Hearne, R.R. & Easter, K.W., 1995. "Water Allocation and Water Markets. An Analysis of Gains-from-Trade in Chile," Papers 315, World Bank - Technical Papers.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yaroslav Kotlyarevskyi & Iryna Dovha, 2015. "Transformation of water management fiscal regulation: assessment of the expediency to implement the european practice," Ukrainian Journal Ekonomist, Yuriy Kovalenko, issue 12, pages 36-38, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Yefimov, Vladimir, 2009. "Comparative historical institutional analysis of German, English and American economics," MPRA Paper 48173, University Library of Munich, Germany.
    2. Tae-Hee Jo, 2013. "Saving Private Business Enterprises," American Journal of Economics and Sociology, Wiley Blackwell, vol. 72(2), pages 447-467, April.
    3. repec:mje:mjejnl:v:12:y:2017:i:2:p:25-70 is not listed on IDEAS
    4. Gordon Burt, 1997. "Cultural Convergence in Historical Cultural Space-Time," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 21(4), pages 291-305, December.
    5. Mauricio G. Villena & Marcelo J. Villena, 2004. "Evolutionary Game Theory and Thorstein Veblen’s Evolutionary Economics: Is EGT Veblenian?," Journal of Economic Issues, Taylor & Francis Journals, vol. 38(3), pages 585-610, September.
    6. Mistreanu (Carstea) Laura Maria, 2009. "Education and „The New Institutionalism” – The Paradigm of Economic Development within the Context of European Integration," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 1(1), pages 69-76, September.
    7. Manuel Prieto, 2016. "Bringing water markets down to Chile’s Atacama Desert," Water International, Taylor & Francis Journals, vol. 41(2), pages 191-212, March.
    8. Arturo Hermann, 2016. "The Studies in Social Economics of Léon Walras and his far-reaching critique of laissez faire," International Journal of Pluralism and Economics Education, Inderscience Enterprises Ltd, vol. 7(1), pages 59-76.
    9. Adam Glapiński, 2013. "Kwestie metodologiczne podejścia ewolucyjnego w ekonomii," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 5-6, pages 5-17.
    10. Pirozzi Maria Grazia & Agliata Francesco & Tuccillo Danilo & Pirozzi Francesco, 2021. "Defining the Integrated Performance Measurement Systems in Small and Medium Enterprises: An Advanced Model," International Journal of Business and Management, Canadian Center of Science and Education, vol. 14(12), pages 203-203, July.
    11. Francesco Prota, 2002. "Water Resources And Water Policies," Working Papers 8_2002, D.E.S. (Department of Economic Studies), University of Naples "Parthenope", Italy.
    12. Marshall, Elizabeth P. & Weinberg, Marca, 2012. "Baselines in Environmental Markets: Tradeoffs Between Cost and Additionality," Economic Brief 138922, United States Department of Agriculture, Economic Research Service.
    13. Evans, Lewis & Counsell, Kevin, 2005. "Essays in Water Allocation: The Way Forward," Working Paper Series 3848, Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation.
    14. Beckenbach, Frank, 2019. "Monism in modern science: The case of (micro-)economics," Working Paper Series Ök-49, Cusanus Hochschule für Gesellschaftsgestaltung, Institut für Ökonomie.
    15. Zhang, Junlian, 2007. "Barriers to water markets in the Heihe River basin in northwest China," Agricultural Water Management, Elsevier, vol. 87(1), pages 32-40, January.
    16. Giuseppe Marzo, 2013. "Some Unintended Consequences of Metaphors: The Case of Capital in Intellectual Capital Research," FINANCIAL REPORTING, FrancoAngeli Editore, vol. 2013(3-4), pages 111-140.
    17. Gillian Hewitson, 2001. "A Survey of Feminist Economics," Working Papers 2001.01, School of Economics, La Trobe University.
    18. Vladiir Yefimov, 2015. "Two Disputes Of Methods, Three Constructivisms, And Three Liberalisms. Part I," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(1), pages 29-38.
    19. A.Allan Schmid, 2004. "The Spartan School Of Institutional Economics At Michigan State University," Research in the History of Economic Thought and Methodology, in: Wisconsin "Government and Business" and the History of Heterodox Economic Thought, pages 207-243, Emerald Group Publishing Limited.
    20. Jorge Andrés Vélez Ospina, 2009. "Determinantes de la inversión en innovación en el sector de Bogotá:estimaciones econométricas a nivel de la firma," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, vol. 27(60), pages 110-167, December.
    21. Yefimov, V. M., 2015. "Two Disputes of Methods Three Constructivisms and Three Liberalisms. Part I," R-Economy, Ural Federal University, Graduate School of Economics and Management, vol. 1(1), pages 24-33.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:revpoe:v:11:y:1999:i:4:p:431-442. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CRPE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.