Economics of Water Resources

Economics of Water Resources : From Regulation to Privatization

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This text develops a general economic model which integrates the quantity and quality issues of water resource management and provides, along with a detailed criticism of the policy instruments now in use, alternative proposals concerning the efficient allocation and distribution of water. In particular the authors 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. The book examines 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. The book is divided into four major parts. The first presents the analytical framework within which the main issues in the management of water resources are examined. The second part focuses on water-quality modelling and the analysis of quantity-quality controls and water distribution. Part three examines instruments of public policy and the regulations enacted for water resources management. The fourth part presents the overall conclusions.
The book is designed for all students of environmental problems, as well as for professionals involved in water-resources allocation and in pollution-abatement programs at both planning and management levels. It can also be used in graduate courses in water resource management, environment management, economics of natural resources, and planning, as well as as a basic reference work on water resources and on the management of natural resources in general.
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Product details

  • Hardback | 356 pages
  • 165.1 x 230 x 25.4mm | 659.98g
  • United States
  • English
  • references, index
  • 0792394038
  • 9780792394037

Table of contents

Part 1 The Analytical Framework: Components of Water Resource Management. Types and Quantities of Water Demand. Types and Quantities of Water Supply. Market Processes for Resource Allocation. Part 2 Interaction of Water Quantity and Quality: Nature of Pollutions and their Specific Impact. Interactions in the Economic-Ecological Systems. Recycling and Reusing Water. Part 3 Instruments in Water Resource Management: Drawbacks of Administrative Controls. Privatizing Water Supply and Distribution. Quality-Discriminant Pricing of Water Services. Water Basin Models. Part 4 Summary and Conclusions: Long-Run Policy Implications in Water Resource Management.
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