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Bringing competition to urban water supply
Citation
Sibly, HA and Tooth, R, Bringing competition to urban water supply, The Australian Journal of Agricultural and Resource Economics, 52, (3) pp. 217-233. ISSN 1364-985X (2008) [Refereed Article]
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Copyright Statement
The definitive published version is available online at: http://interscience.wiley.com
DOI: doi:10.1111/j.1467-8489.2007.00433.x
Abstract
This paper proposes a market-based reform that would introduce competition into the
provision of urban water. This proposal calls for a decoupling of infrastructure control
and ownership of water whereby the property rights to water would be transferred
to private hands. The proposal involves periodically allocation (e.g. by auction) of
existing water stock held in urban catchments to virtual suppliers who then compete
in providing bulk water. This change when coupled with effective third party access
and retail competition would lead to a competitive market for the provision of urban
water. The approach aims to address concerns over inefficient pricing and infrastructure
provision under the current arrangement.
Item Details
| Item Type: | Refereed Article |
|---|---|
| Keywords: | urban water water utilities efficient water pricing market power mitigation introducing competition |
| Research Division: | Economics |
| Research Group: | Applied Economics |
| Research Field: | Environment and Resource Economics |
| Objective Division: | Economic Framework |
| Objective Group: | Microeconomics |
| Objective Field: | Market-Based Mechanisms |
| Author: | Sibly, HA (Dr Hugh Sibly) |
| ID Code: | 55454 |
| Year Published: | 2008 |
| Web of Science® Times Cited: | 4 |
| Deposited By: | Economics and Finance |
| Deposited On: | 2009-03-11 |
| Last Modified: | 2012-03-30 |
| Downloads: | 0 |
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