Water Resources and Economics最新文献_第9页

Exploiting unanticipated change in block rate pricing for water demand elasticities estimation: Evidence from Indonesian suburban area 在水需求弹性估算中利用整体费率定价的意外变化:来自印度尼西亚郊区的证据

IF 2.2 3区经济学

Water Resources and Economics Pub Date : 2020-10-01 DOI: 10.1016/j.wre.2020.100161

Muhammad Halley Yudhistira, Prani Sastiono, Melly Meliyawati

引用次数: 6

The impact of El Nio-Southern Oscillation on U.S. food and agricultural stock returns 厄尔尼诺-南方涛动对美国粮食和农业股票收益的影响

IF 2.2 3区经济学

Water Resources and Economics Pub Date : 2020-10-01 DOI: 10.1016/j.wre.2020.100157

Bebonchu Atems, Michael Maresca, Baomei Ma, Emily McGraw

引用次数: 7

Response of residential water demand to dynamic pricing: Evidence from an online experiment 住宅用水需求对动态价格的响应:来自在线实验的证据

IF 2.2 3区经济学

Water Resources and Economics Pub Date : 2020-10-01 DOI: 10.1016/j.wre.2020.100169

Riccardo Marzano , Charles Rougé , Paola Garrone , Julien J. Harou , Manuel Pulido-Velazquez

{"title":"Response of residential water demand to dynamic pricing: Evidence from an online experiment","authors":"Riccardo Marzano , Charles Rougé , Paola Garrone , Julien J. Harou , Manuel Pulido-Velazquez","doi":"10.1016/j.wre.2020.100169","DOIUrl":"10.1016/j.wre.2020.100169","url":null,"abstract":"<div><p><span><span>Urban water demand management is key to water supply sustainability in high-density, water-stressed areas throughout the world, and emerging technologies could transform it. In particular, smart metering could allow for conserving water by dynamically changing prices to reflect </span>water scarcity and supply cost variability. Yet, little is known on end-users’ reaction to short-term price changes, an essential determinant of the effectiveness and </span>acceptability of dynamic water pricing. This paper reports on the design and results of an online experiment that measures end-users’ water consumption decisions when confronted with time-varying prices, and investigates the interaction between pricing and water scarcity awareness. We design a series of treatments where players must indicate their shower length given different water prices, price variations, and scarcity scenarios. Beyond corroborating the theory that higher prices lower usage, the experiment finds evidence of a dynamic pricing effect: users respond more strongly to a given price if they have been exposed to a lower price before. This suggests short-term residential price increases could be effective at boosting water conservation.</p></div>","PeriodicalId":48644,"journal":{"name":"Water Resources and Economics","volume":"32 ","pages":"Article 100169"},"PeriodicalIF":2.2,"publicationDate":"2020-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.wre.2020.100169","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41537681","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 3

(g)etting to the point: The problem with water risk and uncertainty （g）开门见山：水风险和不确定性问题

IF 2.2 3区经济学

Water Resources and Economics Pub Date : 2020-10-01 DOI: 10.1016/j.wre.2019.100154

Adam Loch, David Adamson, Christopher Auricht

{"title":"(g)etting to the point: The problem with water risk and uncertainty","authors":"Adam Loch, David Adamson, Christopher Auricht","doi":"10.1016/j.wre.2019.100154","DOIUrl":"10.1016/j.wre.2019.100154","url":null,"abstract":"<div><p>Where we may be aware that a problem exists, but have only an incomplete description of the drivers and/or possible management solutions, we will be unaware/uncertain about future returns from, and risks to, private and public investments in capital (i.e. social, natural, economic, cultural and political). This paper explores the unawareness/uncertainty problem by coupling Arrow's states of nature approach for dealing with uncertainty with Rothschild and Stiglitz's exploration of inputs and increasing risk. This results in a modified Just-Pope production function equation isolating inputs to i) protect base capital (natural, social or private) and/or ii) generate an output. By exploring water input supply unawareness via alternative states of nature we may identify tipping points where current technology fails, resulting in irreversible losses of private and public capital tied to water inputs. We conclude by discussing the value of quantifying minimum-input requirements and identifying critical tipping-point outcomes in water systems, increased benefits/risks from transformed landscapes chasing higher economic returns, and the need for adaptive public arrangements in response. These insights may help us to understand future risk to natural capital from rising incentives to steal increasingly constrained resources that may trigger revised risk-sharing arrangements, and some limits to analyses relying on perfect foresight requirements by decision-makers.</p></div>","PeriodicalId":48644,"journal":{"name":"Water Resources and Economics","volume":"32 ","pages":"Article 100154"},"PeriodicalIF":2.2,"publicationDate":"2020-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.wre.2019.100154","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41655024","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 16

Water demand in the Chilean manufacturing industry: Analysis of the economic value of water and demand elasticities 智利制造业的用水需求：水的经济价值和需求弹性分析

IF 2.2 3区经济学

Water Resources and Economics Pub Date : 2020-10-01 DOI: 10.1016/j.wre.2020.100159

Felipe Vásquez-Lavín , Leonardo Vargas O , José I. Hernández , Roberto D. Ponce Oliva

{"title":"Water demand in the Chilean manufacturing industry: Analysis of the economic value of water and demand elasticities","authors":"Felipe Vásquez-Lavín , Leonardo Vargas O , José I. Hernández , Roberto D. Ponce Oliva","doi":"10.1016/j.wre.2020.100159","DOIUrl":"10.1016/j.wre.2020.100159","url":null,"abstract":"<div><p><span>In this article, we estimate both the economic value of water and own-price and cross-price elasticities of water for the Chilean manufacturing industry using the production function approach. Estimating the production function allows us to estimate the marginal productivity of water which corresponds to its economic value. Our estimations are based on panel data obtained from the National Industrial Survey for the period 1995–2014, accounting for more than 10,000 industrial plants. We use a translog specification for the production function, considering water, capital, labor, energy, and intermediate material as explanatory variables. We find substitution patterns among most inputs, except for energy and water, which are found to be complements. Our results suggest that the manufacturing sector is characterized by an elastic water demand, with an average economic value of water of 8.071 [USD/m</span><sup>3</sup>]. Based on our findings, there is room to increase water prices in most sectors without affecting the competitiveness of firms. Knowing the economic value of water and its price elasticity could help policymakers to design water policies that promote more efficient use of this scarce resource.</p></div>","PeriodicalId":48644,"journal":{"name":"Water Resources and Economics","volume":"32 ","pages":"Article 100159"},"PeriodicalIF":2.2,"publicationDate":"2020-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.wre.2020.100159","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44055761","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 13

A micro-scale cost-benefit analysis of building-level flood risk adaptation measures in Los Angeles 洛杉矶建筑物级洪水风险适应措施的微观成本效益分析

IF 2.2 3区经济学

Water Resources and Economics Pub Date : 2020-10-01 DOI: 10.1016/j.wre.2019.100147

Lars T. de Ruig , Toon Haer , Hans de Moel , W.J.Wouter Botzen , Jeroen C.J.H. Aerts

{"title":"A micro-scale cost-benefit analysis of building-level flood risk adaptation measures in Los Angeles","authors":"Lars T. de Ruig , Toon Haer , Hans de Moel , W.J.Wouter Botzen , Jeroen C.J.H. Aerts","doi":"10.1016/j.wre.2019.100147","DOIUrl":"10.1016/j.wre.2019.100147","url":null,"abstract":"<div><p>Cost-benefit analysis (CBA) of flood risk adaptation strategies offers policymakers insight into economically optimal strategies for adapting to sea level rise. However, building-level adaptation measures such as floodproofing or building elevation are often evaluated at aggregated spatial scales, which may result in sub-optimal investment decisions. In this paper, we develop a flood risk model and combine it with a micro-scale CBA at the building level to obtain an optimal mix of adaptation measures per area. We apply this approach to Venice Beach in Los Angeles and Naples in Long Beach. We subsequently compare our results with the conventional, spatially aggregated area-based CBA approach. Our findings show that a mix of 35%–45% dry-floodproofing measures and 55%–65% building elevation measures is optimal. Elevation works best in areas with high inundation depths, while dry-floodproofing is preferable in areas with shallow inundation depths. The optimal mix of measures derived from our micro-scale approach results in an economic efficiency up to 85% higher than that yielded by the commonly applied spatially aggregated approach. We therefore recommend that economic evaluations of building-level adaptation measures are conducted at the smallest possible scale, or that CBAs are performed on disaggregated areas based on inundation depth.</p></div>","PeriodicalId":48644,"journal":{"name":"Water Resources and Economics","volume":"32 ","pages":"Article 100147"},"PeriodicalIF":2.2,"publicationDate":"2020-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.wre.2019.100147","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47324427","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 34

Cost-effectiveness of mussel farming as a water quality improvement measure: Agricultural, environmental and market drivers 贻贝养殖作为水质改善措施的成本效益：农业、环境和市场驱动因素

IF 2.2 3区经济学

Water Resources and Economics Pub Date : 2020-10-01 DOI: 10.1016/j.wre.2020.100168

Raphael Filippelli , Mette Termansen , Berit Hasler , Karen Timmermann , Jens Kjerulf Petersen

{"title":"Cost-effectiveness of mussel farming as a water quality improvement measure: Agricultural, environmental and market drivers","authors":"Raphael Filippelli , Mette Termansen , Berit Hasler , Karen Timmermann , Jens Kjerulf Petersen","doi":"10.1016/j.wre.2020.100168","DOIUrl":"10.1016/j.wre.2020.100168","url":null,"abstract":"<div><p><span>This study aims to understand the economic and bio-physical conditions under which mussel farming<span><span> is a cost-effective mitigation measure to improve water quality related to excess nitrogen in fjords and coastal areas. We set-up a mixed-integer optimization model including every farm in three </span>agricultural catchments surrounding Limfjorden, the largest fjord in Denmark. We include a number of relevant nitrogen abatement measures, including agricultural land-use measures and mussel farming in the sea. The aim is to model the least costly combination of mitigation measures to improve water quality when agricultural, environmental and market conditions vary. We run three scenarios varying environmental conditions for mussel productivity and market opportunities for mussel-based products as organic animal feed. We analyze the resulting marginal abatement costs and draw insights about the potential scale of mussel farming for the different catchments. We show that mussel farming is a cost-effective option for 2 of the 3 catchments, but that decreasing mussel productivity over time may make the measure ineffective for one of the catchments, if a market for feed is not available. The possibility of a market for mussel-based organic feed significantly increases the share of nitrogen reduction done by mussels and decreases overall costs by up to 65%. Ultimately, the results indicate that, for catchments where environmental conditions are adequate, mussel farming can be a cost-effective nutrient reduction measure. Therefore, mussel farming can potentially increase the cost-effectiveness of incentive schemes aimed at reducing </span></span>eutrophication in fjords and coastal waters.</p></div>","PeriodicalId":48644,"journal":{"name":"Water Resources and Economics","volume":"32 ","pages":"Article 100168"},"PeriodicalIF":2.2,"publicationDate":"2020-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.wre.2020.100168","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48848610","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 8

Recovering water for the environment during droughts through public water banks within a monopsony-monopoly setting 在垄断环境下，通过公共供水银行在干旱期间为环境恢复用水

IF 2.2 3区经济学

Water Resources and Economics Pub Date : 2020-10-01 DOI: 10.1016/j.wre.2020.100163

José A. Gómez-Limón, Carlos Gutiérrez-Martín, Nazaret M. Montilla-López

{"title":"Recovering water for the environment during droughts through public water banks within a monopsony-monopoly setting","authors":"José A. Gómez-Limón, Carlos Gutiérrez-Martín, Nazaret M. Montilla-López","doi":"10.1016/j.wre.2020.100163","DOIUrl":"10.1016/j.wre.2020.100163","url":null,"abstract":"<div><p><span>Allocation trade is an instrument that has been widely used to recover water for the environment during periods of scarcity (droughts). This paper proposes a water bank operating within a monopsony-monopoly setting with the dual purpose of reallocating water among farmers and acquiring water for the environment during drought periods. The proposed water bank would be managed by a public agency seeking to maximize economic efficiency generated in purchases and sales of water for agriculture<span> and the efficiency generated by the recovery of water allocations for the environment. An additional, innovative feature of the analysis performed is that it considers the inefficiencies in the economy as a whole caused by public spending on water allocation purchases, measured through the marginal cost of public funds. The potential performance of the proposed water bank is simulated by </span></span>mathematical programming techniques, taking the Guadalquivir River Basin (Southern Spain) as an empirical case study. The results provide evidence that, in terms of economic efficiency, the proposed institutional arrangement outperforms the instruments currently in place to purchase water allocations.</p></div>","PeriodicalId":48644,"journal":{"name":"Water Resources and Economics","volume":"32 ","pages":"Article 100163"},"PeriodicalIF":2.2,"publicationDate":"2020-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.wre.2020.100163","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47897411","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

Drinking water quality impacts on health care expenditures in the United States 饮用水质量对美国医疗保健支出的影响

IF 2.2 3区经济学

Water Resources and Economics Pub Date : 2020-10-01 DOI: 10.1016/j.wre.2020.100162

Fahad Alzahrani , Alan R. Collins , Elham Erfanian

{"title":"Drinking water quality impacts on health care expenditures in the United States","authors":"Fahad Alzahrani , Alan R. Collins , Elham Erfanian","doi":"10.1016/j.wre.2020.100162","DOIUrl":"10.1016/j.wre.2020.100162","url":null,"abstract":"<div><p>This research explores the relationship between episodes of contaminated drinking water and health care expenditures in the United States. The analysis relies on panel data from the 48 contiguous states from 2000 to 2011. We use the population served by public water systems that violate health-based standards of the Safe Drinking Water Act as a proxy for contaminated drinking water. We estimate spatial and non-spatial models and control for factors that may affect per capita health care expenditures including variables that reflect air quality violations along with ability to pay plus demand for and supply of health care services. The results from a Spatial Durbin Model indicate that a 1% decrease in the annual percentage of population exposed to drinking water quality violations is associated with reductions in in-state and regional effects equal to 0.005% and 0.035% of per capita health care expenditures, respectively. While relatively small on a per capita basis, drinking water violations have a larger impact on health care expenditures than air quality violations (whose effects are not statistically different from zero). However, compared to other factors, such as Medicare enrollment and income, the impact of these violations on health care expenditures is small. We find that the cumulative regional health care expenditure impacts from drinking water violations are substantially greater than in-state impacts. Thus, a regional approach is recommended to addressing drinking water quality improvements.</p></div>","PeriodicalId":48644,"journal":{"name":"Water Resources and Economics","volume":"32 ","pages":"Article 100162"},"PeriodicalIF":2.2,"publicationDate":"2020-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.wre.2020.100162","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44749060","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 6

The impacts of three dimensions of (dis)similarities on water quality benefit transfer errors 三维相似性对水质效益传递误差的影响

IF 2.2 3区经济学

Water Resources and Economics Pub Date : 2020-10-01 DOI: 10.1016/j.wre.2020.100164

Johannes Friedrich Carolus , Jette Bredahl Jacobsen , Søren Bøye Olsen

{"title":"The impacts of three dimensions of (dis)similarities on water quality benefit transfer errors","authors":"Johannes Friedrich Carolus , Jette Bredahl Jacobsen , Søren Bøye Olsen","doi":"10.1016/j.wre.2020.100164","DOIUrl":"10.1016/j.wre.2020.100164","url":null,"abstract":"<div><p>Benefit Transfer (BT) is often applied when a primary valuation study is considered too costly or time consuming to conduct. It is commonly assumed that BT performance improves with increasing similarity between study and policy sites. However, no common criteria for defining similarity exist, making it difficult to operationalise the concept of similarity in a practical BT context. We propose a structured framework for distinguishing between different degrees of similarity. In particular, we differentiate between three dimensions: physical, population and attribute similarity. While the first two are often used in the literature, attribute similarity is not. To investigate the impact attribute descriptions have on BT, we define it as whether or not the same ecosystem service categories are emphasised in the valuation studies. Using value estimates for water quality improvements obtained from 17 Choice Experiments conducted in Europe, we empirically test unit value transfer performance along a similarity gradient. The results confirm that increasing physical similarities across commodities and sites generally lead to lower transfer errors. However, when using income adjusted value transfer, we surprisingly find the opposite. Finally, we demonstrate that increasing attribute similarity may offset dissimilarities in terms of the site characteristics.</p></div>","PeriodicalId":48644,"journal":{"name":"Water Resources and Economics","volume":"32 ","pages":"Article 100164"},"PeriodicalIF":2.2,"publicationDate":"2020-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.wre.2020.100164","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47850725","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 4