Bringing Competition to Urban Water Supply
This paper proposes a market-based reform that would introduce competition into the provision of urban water. This proposal calls for a decoupling of infrastructure control and ownership of water whereby the property rights to water would be transferred to private hands. The proposal involves periodically allocation (e.g. by auction) of existing water stock held in urban catchments to virtual suppliers who then compete in providing bulk water. This change when coupled with effective third party access and retail competition would lead to a competitive market for the provision of urban water. The approach aims to address concerns over inefficient pricing and infrastructure provision under the current arrangement.
|Date of creation:||Oct 2007|
|Date of revision:|
|Publication status:||Published by the University of Tasmania School of Economics and Finance as part of its working paper series, October, 2007.|
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- Mansur, Erin T. & Olmstead, Sheila M., 2012.
"The value of scarce water: Measuring the inefficiency of municipal regulations,"
Journal of Urban Economics,
Elsevier, vol. 71(3), pages 332-346.
- Erin T. Mansur & Sheila M. Olmstead, 2007. "The Value of Scarce Water: Measuring the Inefficiency of Municipal Regulations," NBER Working Papers 13513, National Bureau of Economic Research, Inc.
- 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.
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