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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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