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Title: Economics of water resource management : draft final report. September 1992. Vol 2 : Technical report
Author: National Rivers Authority
Document Type: Monograph
This is the technical volume accompanying the summary report for a project which aims to assess the potential role of market mechanisms in the allocation and development of water resources by the NRA. It includes a theoretical assessment of unit water pricing, setting out the rules and principles underlying efficient pricing structures and the ways in which these principles might be applied in practice. The advantages and potential problems involved in the introduction of tradeable permits are also evaluated. Evidence is presented on the value in use of water and the willingness of abstractors to pay for additional supplies or improved reliability. For the irrigation and industrial sectors the results from field investigations in the Anglian, Yorkshire and Severn Trent NRA regions are used to supplement the limited evidence available on value in use in the literature. A cost attribution methodology is developed to enable the NRA to more closely relate its water resource costs to the abstractor groups benefitting from the expenditure. Finally, the feasibility of introducing market mechanisms is evaluated in terms of the likely behavioural responses of the different abstractor groups.
Publisher: National Rivers Authority
Publication Date: 1992
Publication Place: Bristol
Subject Keywords: Water resourcesSupply balanceCost benefit analysisWater abstractionWater abstraction licenses
Geographic Keywords: East AngliaYorkshireSevernTrent (England)
Extent: 285; + appendices
Total file downloads: 262

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