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In this paper, I evaluate the welfare implications of shortages in renewable resources, and investigate the effects of cross-subsidization on these shortages. I set up a stochastic dynamic programming model in which a benevolent central planner allocates the resource for multiple user-groups...
Persistent link: https://www.econbiz.de/10014157490
The goal of this report is to propose comprehensive solutions for the regulation of the water and energy complex of … change. It offers a detailed analysis of the evolution of various forms of regulation of the water and energy complex of … Central Asia, from the Soviet period to the present day, reviews the international experience in water basin regulation …
Persistent link: https://www.econbiz.de/10014257679
Persistent link: https://www.econbiz.de/10003908228
We study the response of residential water demand to nonlinear prices by exploiting a natural experiment arising from a water pricing reform in a major Chinese city. The reform introduced an unconventional Increasing Block Tariff featuring prices set according to annual cumulative consumption...
Persistent link: https://www.econbiz.de/10014030945
This paper studies consumers' choice between two different water tariffs. We document a large inaction in a novel setting where customers face a binary decision and receive simple, detailed and personalized information about the financial savings they would obtain if they were to switch water...
Persistent link: https://www.econbiz.de/10012592066
The paper deals with the effects of local governments’ interference with business affairs of publicly owned utilities. A partial model is presented to illustrate the consequences of democratic controlʺ for the public managers’ effort and the efficiency of local public production. To check...
Persistent link: https://www.econbiz.de/10003435451
environments. Regulation must not stand in the way …
Persistent link: https://www.econbiz.de/10013055975
in the development of UWSEs re-regulation explains the relatively gloomy outlook …
Persistent link: https://www.econbiz.de/10012934277
This paper estimates economies of scale and scope for 55 major Australian urban utilities over the period 2005/06 to 2008/09. The models used to specify operating and capital costs as a function of chemical and microbiological compliance, water losses, water quality and service, water main...
Persistent link: https://www.econbiz.de/10014182163
In this paper, we investigate productivity growth in 55 major Australian urban water utilities using nonparametric frontier techniques over the period 2005/06 to 2008/09. The five outputs included in the analysis are chemical and microbiological compliance, and the inverses of real loses per...
Persistent link: https://www.econbiz.de/10014182164