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Pitafi, Basharat A.K.; Roumasset, James A.. |
Proposals for marginal cost water pricing have often been found to be politically infeasible because current users will have to pay a higher price even though future users will be better off. We show how efficiency pricing can be rendered Pareto-improving, and thus politically feasible, by compensating the users suffering a loss due to higher prices. We also provide a method for determining efficient spatial and inter-temporal water management for a system with consumption at significantly different elevations supplied from a renewable coastal aquifer, which is subject to salinity if over-extracted. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Resource /Energy Economics and Policy. |
Ano: 2004 |
URL: http://purl.umn.edu/20022 |
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Pitafi, Basharat A.K.; Roumasset, James A.. |
Many places, including the island of Oahu in Hawaii, have a number of groundwater aquifers. Consumers located in one aquifer area can be supplied from water extracted and transported from another aquifer if this results in cost savings over local extraction. Incorporating such interdistrict transport is necessary for a fully efficient allocation framework. We derive efficient water management and pricing plans for two of the four aquifer zones in the Central Oahu corridor, taking into account the possibility of inter-district water trade. Efficient management requires not only intertemporal efficiency within zones but also spatial efficiency between zones, where water is transferred from one zone to the next if, without the transfer, the intertemporal... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Resource /Energy Economics and Policy. |
Ano: 2006 |
URL: http://purl.umn.edu/21473 |
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Pitafi, Basharat A.K.; Roumasset, James A.. |
Several authors have argued that the second-best environmental tax on a "dirty good" is less than the marginal emission damage associated with its consumption. These studies limit their analysis to cases in which emissions can only be reduced by a proportional reduction of the "dirty" good. With a more general specification of technology that allows emissions to be directly as well as indirectly taxed, we show that the direct emission tax cannot be less than its marginal emission damage, regardless of the normalization. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Environmental Economics and Policy. |
Ano: 2002 |
URL: http://purl.umn.edu/19693 |
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Roumasset, James A.; Pitafi, Basharat A.K.. |
Conserving the watershed can help to preserve the groundwater supplies by avoiding loss of recharge. Preventing overuse of available water through pricing reforms can also substantially increase benefits from groundwater stock. Since efficiency prices are generally higher than the inefficient, status quo prices, efficiency pricing may be politically infeasible and watershed conservation may be considered as an alternative. Using Pearl Harbor water district as an example, we find that pricing reform yields large welfare improvement (about $900 million) and is welfare-superior to watershed conservation unless the latter prevents over 10% loss of recharge. In addition, watershed conservation is more valuable at efficiency pricing than at the status quo prices. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Watershed conservation; Water pricing; Resource /Energy Economics and Policy; D62; H21; H23. |
Ano: 2004 |
URL: http://purl.umn.edu/20133 |
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Pitafi, Basharat A.K.; Roumasset, James A.. |
Several studies have documented that intertemporal water allocation in Hawaii (as elsewhere) is inefficient (see e.g., Moncur et. al., 1998). The result is widely expected to be early depletion of groundwater resources and the resulting need for using expensive and exotic technologies such as desalination. The problem is further complicated by the presence of saltwater underneath most of the freshwater lenses in Hawaii. Increasing groundwater extraction over time will drive the freshwater head levels lower until the existing well installations will start to pump out saltwater. Once the wells become saline, it is very hard to reverse the process. The consequences of these conditions, in terms of the economic value of waste, are unknown. Moreover, recharge... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Resource /Energy Economics and Policy. |
Ano: 2003 |
URL: http://purl.umn.edu/21958 |
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Burnett, Kimberly M.; Kaiser, Brooks A.; Pitafi, Basharat A.K.; Roumasset, James A.. |
Invasive species change ecosystems and the economic services such ecosystems provide. Optimal policy will minimize the expected damages and costs of prevention and control. We seek to explain policy outcomes as a function of biological and economic factors, using the case of Hawaii to illustrate. First, we consider an existing invader, Miconia calvescens, a plant with the potential to reduce biodiversity, soil cover, and water availability. We then examine an imminent threat, the potential arrival of the Brown treesnake (Boiga irregularis). The arrival of the snake in Guam has led to native bird extirpations, power outages, and health costs. |
Tipo: Journal Article |
Palavras-chave: Invasive species; Bioeconomics; Optimal control; Miconia calvescens; Boiga; Resource /Energy Economics and Policy. |
Ano: 2006 |
URL: http://purl.umn.edu/10178 |
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