The Economic Value of Water Utility Services PDF Download
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Author: David L. Hayward
Publisher:
ISBN: 9780741452061
Category : Water utilities
Languages : en
Pages : 0
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Book Description
Experts in the field of natural resource economics have long known the methods of valuing water, but other analysts in the field of public utility economics have failed to incorporate this knowledge in the context of pricing water services.While many factors play into setting water utility rates, the differences between the cost of service and value of service are rarely known ¿ even by large water utilities.This book provides persuasive information to policymakers regarding how to value water and water utility services to various customer classes.The book is applicable to both investor-owned and publicly owned water utilities.
Author: David L. Hayward
Publisher:
ISBN: 9780741452061
Category : Water utilities
Languages : en
Pages : 0
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Book Description
Experts in the field of natural resource economics have long known the methods of valuing water, but other analysts in the field of public utility economics have failed to incorporate this knowledge in the context of pricing water services.While many factors play into setting water utility rates, the differences between the cost of service and value of service are rarely known ¿ even by large water utilities.This book provides persuasive information to policymakers regarding how to value water and water utility services to various customer classes.The book is applicable to both investor-owned and publicly owned water utilities.
Author: Robert A. Young
Publisher: Routledge
ISBN: 1135040516
Category : Business & Economics
Languages : en
Pages : 409
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Book Description
Water provides benefits as a commodity for agriculture, industry, and households, and as a public good such as fisheries habitat, water quality and recreational use. To aid in cost-benefit analysis under conditions where market determined price signals are usually unavailable, economists have developed a range of alternative valuation methods for measuring economic benefits. This volume provides the most comprehensive exposition to-date of the application of economic valuation methods to proposed water resources investments and policies. It provides a conceptual framework for valuation of both commodity and public good uses of water, addressing non-market valuation techniques appropriate to measuring public benefits - including water quality improvement, recreation, and fish habitat enhancement. The book describes the various measurement methods, illustrates how they are applied in practice, and discusses their strengths, limitations, and appropriate roles. In this second edition, all chapters have been thoroughly updated, and in particular the coverage of water markets and valuation of ecosystem services from water has been expanded. Robert Young, author of the 2005 edition, has been joined for this new edition by John Loomis, who brings additional expertise on ecosystem services and the environmental economics of water for recreational and other public good uses of water.
Author: Robert Maurice Clark
Publisher:
ISBN:
Category : Water-supply
Languages : en
Pages : 308
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Book Description
Author: Diana C. Gibbons
Publisher: Routledge
ISBN: 113588725X
Category : Business & Economics
Languages : en
Pages : 184
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Book Description
Gibbons examines the water supply problem through five case studies. The problems faced by these regions and the methods suggested to overcome them provide excellent models for the entire United States. The case studies---typically, expanding supplies---but economic efficiency principles lead to emphasizing managing the demand. In many cases, this means reducing demand by raising prices.
Author: Paul J. Garfield
Publisher:
ISBN:
Category : Public utilities
Languages : en
Pages : 568
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Book Description
Author: National Research Council
Publisher: National Academies Press
ISBN: 0309175003
Category : Science
Languages : en
Pages : 203
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Book Description
Because water in the United State has not been traded in markets, there is no meaningful estimate of what it would cost if it were traded. But failing to establish ground water's valueâ€"for in situ uses such as sustaining wetlands as well as for extractive uses such as agricultureâ€"will lead to continued overuse and degradation of the nation's aquifers. In Valuing Ground Water an interdisciplinary committee integrates the latest economic, legal, and physical knowledge about ground water and methods for valuing this resource, making it comprehensible to decision-makers involved in Superfund cleanup efforts, local wellhead protection programs, water allocation, and other water-related management issues. Using the concept of total economic value, this volume provides a framework for calculating the economic value of ground water and evaluating tradeoffs between competing uses of it. Included are seven case studies where ground-water valuation has been or could be used in decisionmaking. The committee examines trends in ground-water management, factors that contribute to its value, and issues surrounding ground-water allocation and legal rights to its use. The book discusses economic valuation of natural resources and reviews several valuation methods. Presenting conclusions, recommendations, and research priorities, Valuing Ground Water will be of interest to those concerned about ground-water issues: policymakers, regulators, economists, attorneys, researchers, resource managers, and environmental advocates.
Author: Robert A. Young
Publisher: Routledge
ISBN: 1135040524
Category : Business & Economics
Languages : en
Pages : 359
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Book Description
Water provides benefits as a commodity for agriculture, industry, and households, and as a public good such as fisheries habitat, water quality and recreational use. To aid in cost-benefit analysis under conditions where market determined price signals are usually unavailable, economists have developed a range of alternative valuation methods for measuring economic benefits. This volume provides the most comprehensive exposition to-date of the application of economic valuation methods to proposed water resources investments and policies. It provides a conceptual framework for valuation of both commodity and public good uses of water, addressing non-market valuation techniques appropriate to measuring public benefits - including water quality improvement, recreation, and fish habitat enhancement. The book describes the various measurement methods, illustrates how they are applied in practice, and discusses their strengths, limitations, and appropriate roles. In this second edition, all chapters have been thoroughly updated, and in particular the coverage of water markets and valuation of ecosystem services from water has been expanded. Robert Young, author of the 2005 edition, has been joined for this new edition by John Loomis, who brings additional expertise on ecosystem services and the environmental economics of water for recreational and other public good uses of water.
Author: Municipal Environmental Research Laboratory. Drinking Water Research Division
Publisher:
ISBN:
Category : Water-supply
Languages : en
Pages : 220
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Book Description
Author: Stephen Merrett
Publisher: Routledge
ISBN: 1135362068
Category : Architecture
Languages : en
Pages : 220
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Book Description
A concise treatment of water-resource economics. Based upon political economy perspectives, it draws upon a range of case-studies - Third- World, developed world, and former communist countries - to cover many issues. There is guidance on
Author: Nicolas Spulber
Publisher: Springer Science & Business Media
ISBN: 9401583218
Category : Business & Economics
Languages : en
Pages : 343
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Book Description
The purpose of this book is to develop a general economic model which integrates the quantity and quality issues of water resource management and to provide, along with a detailed criticism of the policy instruments now in use, alternative proposals concerning the efficient allocation and distribution of water. In particular we treat water as a multi-product commodity where the market plays a major role in determining water quality-discriminant pricing and its value to the user. We examine the process of moving from administrative allocation and regulation to privatization of the water industry as the key element in promoting effective competition and in providing economic incentives for greater efficiency. Water quantity and quality, considered independently of each other, have been the subject of numerous studies during the last twenty years. Let us recall briefly the most outstanding among them. A variety of models have been constructed concerning the optimal scheduling and sequence of water-supply projects: dynamic programming for solving multi-bjective functions in water resource development; planning models for coordinating regional water-resource supply and demand, etc. Other studies have devised water-quality management models, including multi-period design of regional or municipal wastewater systems; cost-allocation methods to induce effluent dischargers to participate in regional water systems; models to predict the quality of effluent (in particular, whether it meets certain established standards); models for finding optimal waste-removal policies at each of the polluting sources, and so on.
