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| Tapsuwan, Sorada; Ingram, Gordon; Brennan, Donna C.. |
| Up to 60% of potable water supplied to Perth in Western Australia is extracted from the Gnangara mound. Many of the urban wetlands above the Mound are groundwater-dependent. Excessive groundwater extraction and climate change have resulted in a decline in water levels in the wetlands. This study estimates the value of urban wetlands in three local government districts in the Perth metropolitan region using the hedonic property price approach. Preliminary results found that proximity to wetlands influences the sales prices of properties. The marginal implicit price of reducing the distance to the nearest wetland by 1 metre, evaluated at the mean sales value, is AU$463. If there is more than one wetland within 1.5 kilometres of a property, the second wetland... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Groundwater; Housing development; Aquifer; Marginal implicit price; Land Economics/Use. |
| Ano: 2007 |
URL: http://purl.umn.edu/10418 |
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| Brennan, Donna C.; Tapsuwan, Sorada; Ingram, Gordon. |
| Outdoor water restrictions are usually implemented as bans on a particular type of watering technology (sprinklers), which allow households to substitute for labour-intensive (hand-held) watering. This paper presents a household production model approach to analysing the impact of sprinkler restrictions on consumer welfare and their efficacy as a demand management tool. Central to our empirical analysis is an experimentally derived production function which describes the relationship between irrigation and lawn quality. We demonstrate that for a typical consumer complete sprinkler bans may be little more effective than milder restrictions policies, but are substantially more costly to the household. |
| Tipo: Journal Article |
Palavras-chave: Household model; Urban water demand; Urban water restrictions; Resource /Energy Economics and Policy. |
| Ano: 2007 |
URL: http://purl.umn.edu/118331 |
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