Developing a Partial Equilibrium Model of an Urban Water System
This Productivity Commission staff working paper (by Andrew Barker, Tim Murray and John Salerian) was released March 2010. Urban water and its management have been the subject of much public debate. The timing and choice of investments to augment water supply, different approaches to water pricing, and the tools of demand management have all been the subject of discussion. Outlined in this paper is a model that can be used to quantify the costs and benefits of policy options to improve outcomes in urban water systems. An earlier version of the paper was presented at the Australian Conference of Economists on 30 September 2009, and was awarded the prize for best contributed paper. The views expressed in this paper are those of the staff involved and do not necessarily reflect those of the Productivity Commission.
|Date of creation:||Mar 2010|
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References listed on IDEAS
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- R. Quentin Grafton & Tom Kompas, 2007.
"Pricing Sydney water ,"
Australian Journal of Agricultural and Resource Economics,
Australian Agricultural and Resource Economics Society, vol. 51(3), pages 227-241, 09.
- Grafton, R. Quentin & Kompas, Tom, 2002. "Pricing Sydney water," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 51(3), September.
- Peterson, Deborah C. & Dwyer, Gavan & Appels, David & Fry, Jane, 2004. "Modelling Water Trade in the Southern Murray-Darling Basin," Staff Working Papers 31925, Productivity Commission.
- D. Peterson & G. Dwyer & D. Appels & J. Fry, 2005. "Modelling Water Trade in the Southern Murray-Darling Basin," Urban/Regional 0506007, EconWPA.
- Andrew C. Worthington & Mark Hoffman, 2008. "An Empirical Survey Of Residential Water Demand Modelling," Journal of Economic Surveys, Wiley Blackwell, vol. 22(5), pages 842-871, December.
- R. Quentin Grafton & Michael B. Ward, 2008. "Prices versus Rationing: Marshallian Surplus and Mandatory Water Restrictions," The Economic Record, The Economic Society of Australia, vol. 84(s1), pages 57-65, 09.
- Chow, Gregory C., 1997. "Dynamic Economics: Optimization by the Lagrange Method," OUP Catalogue, Oxford University Press, number 9780195101928.
- Ronald Hochreiter & Georg Pflug, 2007. "Financial scenario generation for stochastic multi-stage decision processes as facility location problems," Annals of Operations Research, Springer, vol. 152(1), pages 257-272, July.
- Geoff Edwards, 2006. "Whose Values Count? Demand Management for Melbourne's Water," The Economic Record, The Economic Society of Australia, vol. 82(s1), pages 54-63, 09. Full references (including those not matched with items on IDEAS)
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