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| Hoffmann, Mark; Worthington, Andrew; Higgs, Helen. |
| This paper uses suburb-level quarterly data to model residential water demand in Brisbane, Australia, from 1998 to 2003. In this system, residential consumption is charged using a fixed annual service fee with no water entitlement followed by a fixed volumetric charge per kilolitre. Water demand is specified as average quarterly household water consumption and the demand characteristics include the marginal price of water, household income and size, and the number of rainy and warm days. The findings not only confirm residential water as price and income inelastic, but also that the price and income elasticity of demand in owner-occupied households is higher than in rented households. The results also show that weather, particularly summer months and the... |
| Tipo: Journal Article |
Palavras-chave: Water management and policy; Demand analysis; Utility regulation and pricing; Resource /Energy Economics and Policy. |
| Ano: 2006 |
URL: http://purl.umn.edu/116966 |
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| Crase, Lin; Dollery, Brian. |
| Although there has been a policy thrust towards making all Australians more cognisant of the relative scarcity of water resources, the approach adopted for urban dwellers differs markedly from that applied to irrigators. These differences are examined from a property-rights perspective focussing primarily on the institutional hierarchies in the Victorian water sector. The analysis reveals significant attenuation of urban dwellers’ rights, presumably on the basis of the information deficiencies that circumscribe urban water use. Alternative policy options are then proposed, which might alleviate some of these information deficiencies and simultaneously address the efficiency losses that attend the present arrangements. |
| Tipo: Journal Article |
Palavras-chave: Consumer demand; Institutional economics; Water management and policy; Resource /Energy Economics and Policy. |
| Ano: 2006 |
URL: http://purl.umn.edu/116975 |
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