Similar Search Results

The Value of Scarce Water: Measuring the Inefficiency of Municipal Regulations

Mansur, Erin T.; Olmstead, Sheila M. - National Bureau of Economic Research (NBER) - 2007

Rather than allowing water prices to reflect scarcity rents during periods of drought-induced excess demand, policy makers have mandated command-and-control approaches, like the curtailment of certain uses, primarily outdoor watering. Using unique panel data on residential end-uses of water, we...

Persistent link: https://www.econbiz.de/10005774966

Comparing Price and Non-Price Approaches to Urban Water Conservation

Stavins, Robert Norman; Olmstead, Sheila M. - National Bureau of Economic Research (NBER) - 2008

Urban water conservation is typically achieved through prescriptive regulations, including the rationing of water for particular uses and requirements for the installation of particular technologies. A significant shift has occurred in pollution control regulations toward market-based policies...

Persistent link: https://www.econbiz.de/10005248775

Water Demand Under Alternative Price Structures

Stavins, Robert Norman; Olmstead, Sheila; Hanemann, W. … - National Bureau of Economic Research (NBER) - 2007

We estimate the price elasticity of water demand with household-level data, structurally modeling the piecewise-linear budget constraints imposed by increasing-block pricing. We develop a mathematical expression for the unconditional price elasticity of demand under increasing-block prices and...

Persistent link: https://www.econbiz.de/10005088831

Uncertainty In Environmental Economics

Pindyck, Robert S. - National Bureau of Economic Research (NBER) - 2006

the present value of the flow of social benefits minus costs. But the real world is one of considerable uncertainty … discount rates that should be used to compute present values. The implications of uncertainty are complicated by the fact that … horizons. Correctly incorporating uncertainty in policy design is therefore one of the more interesting and important research …

Persistent link: https://www.econbiz.de/10005714875

Water Markets: Australia's Murray-Darling Basin and the US Southwest

Libecap, Gary D.; Grafton, R. Quentin; Landry, Clay; … - National Bureau of Economic Research (NBER) - 2010

Fresh water supplies increasingly are under stress in many parts of the world due to rising populations, higher per capita incomes and corresponding consumption, greater environmental concerns, and the effects of climate change. Water rights and markets are part of the institutional menus for...

Persistent link: https://www.econbiz.de/10008615800

Measuring Price Elasticities for Residential Water Demand with Limited Information

Smith, V. Kerry; Klaiber, H. Allen; Kaminsky, Michael; … - National Bureau of Economic Research (NBER) - 2012

This paper exploits the seasonal and annual changes in marginal prices for water to estimate the price elasticity of demand by residential households for water. It uses the changes in distributions of water using the census block group levels in response to changes in marginal prices of water...

Persistent link: https://www.econbiz.de/10010796664

Free to Choose: Promoting Conservation by Relaxing Outdoor Watering Restrictions

Price, Michael K.; Castledine, Anita; Moeltner, Klaus; … - National Bureau of Economic Research (NBER) - 2014

Many water utilities use outdoor watering restrictions based on assigned weekly watering days to promote conservation and delay costly capacity expansions. We find that such policies can lead to unintended consequences - customers who adhere to the prescribed schedule use more water than those...

Persistent link: https://www.econbiz.de/10011098323

Damming the Commons: An Empirical Analysis of International Cooperation and Conflict in Dam Location

Sigman, Hilary; Olmstead, Sheila M. - National Bureau of Economic Research (NBER) - 2014

This paper examines whether countries consider the welfare of other nations when they make water development decisions. We estimate econometric models of the location of major dams around the world as a function of the degree of international sharing of rivers. We find that dams are more...

Persistent link: https://www.econbiz.de/10010890101

Conservation Policies: Who Responds to Price and Who Responds to Prescription?

Wichman, Casey J.; Taylor, Laura O.; Haefen, Roger H. von - National Bureau of Economic Research (NBER) - 2014

The efficiency properties of price and non-price instruments for conservation in environmental policy are well understood. Yet, there is little evidence comparing the effectiveness of these instruments, especially when considering water resource management. We exploit a rich panel of residential...

Persistent link: https://www.econbiz.de/10010951041

Water Availability as a Constraint on China's Future Growth

Whalley, John; Medianu, Dana - National Bureau of Economic Research (NBER) - 2012

Recent writings on China's water situation often portray China's water problems as severe and suggest that water availability could threaten the sustainability of China's future growth. However, China's high growth of the last 20 years or more has been obtained with relatively little increase in...

Persistent link: https://www.econbiz.de/10010951273

1
2
3
4
5
6
7
8
9
10
Next
Last