动态水价与风险调整用户成本(RAUC)

IF 2.3 3区经济学 Q2 ECONOMICS

Water Resources and Economics Pub Date : 2021-07-01 DOI:10.1016/j.wre.2021.100181

Long Chu, R. Quentin Grafton

{"title":"动态水价与风险调整用户成本(RAUC)","authors":"Long Chu, R. Quentin Grafton","doi":"10.1016/j.wre.2021.100181","DOIUrl":null,"url":null,"abstract":"<div><p>We formalise a dynamic water pricing model as a tool for increasing social surplus in short-term water allocations and long-term water supply planning and investments. We calculate, in monetary terms, the intertemporal risk that current water uses impose on future water availability, termed as the Risk-Adjusted User Cost (RAUC), given multi-period droughts. Our model is calibrated to the water supply system in the Australian Capital Territory. Results show that the RAUC may be a substantial proportion of the cost of supplying water, and incorporating it in the water price can result in long-term welfare gains.</p></div>","PeriodicalId":48644,"journal":{"name":"Water Resources and Economics","volume":"35 ","pages":"Article 100181"},"PeriodicalIF":2.3000,"publicationDate":"2021-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.wre.2021.100181","citationCount":"2","resultStr":"{\"title\":\"Dynamic water pricing and the risk adjusted user cost (RAUC)\",\"authors\":\"Long Chu, R. Quentin Grafton\",\"doi\":\"10.1016/j.wre.2021.100181\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><p>We formalise a dynamic water pricing model as a tool for increasing social surplus in short-term water allocations and long-term water supply planning and investments. We calculate, in monetary terms, the intertemporal risk that current water uses impose on future water availability, termed as the Risk-Adjusted User Cost (RAUC), given multi-period droughts. Our model is calibrated to the water supply system in the Australian Capital Territory. Results show that the RAUC may be a substantial proportion of the cost of supplying water, and incorporating it in the water price can result in long-term welfare gains.</p></div>\",\"PeriodicalId\":48644,\"journal\":{\"name\":\"Water Resources and Economics\",\"volume\":\"35 \",\"pages\":\"Article 100181\"},\"PeriodicalIF\":2.3000,\"publicationDate\":\"2021-07-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"https://sci-hub-pdf.com/10.1016/j.wre.2021.100181\",\"citationCount\":\"2\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Water Resources and Economics\",\"FirstCategoryId\":\"93\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S2212428421000062\",\"RegionNum\":3,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q2\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Water Resources and Economics","FirstCategoryId":"93","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S2212428421000062","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}

引用次数: 2

摘要

我们正式建立了一个动态水价模型，作为增加短期水分配和长期供水规划和投资的社会盈余的工具。我们以货币形式计算了当前用水对未来水资源供应造成的跨期风险，即考虑多期干旱的风险调整用户成本(RAUC)。我们的模型是根据澳大利亚首都地区的供水系统进行校准的。结果表明，RAUC可能是供水成本的很大一部分，将其纳入水价可以带来长期的福利收益。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

查看原文本刊更多论文

Dynamic water pricing and the risk adjusted user cost (RAUC)

We formalise a dynamic water pricing model as a tool for increasing social surplus in short-term water allocations and long-term water supply planning and investments. We calculate, in monetary terms, the intertemporal risk that current water uses impose on future water availability, termed as the Risk-Adjusted User Cost (RAUC), given multi-period droughts. Our model is calibrated to the water supply system in the Australian Capital Territory. Results show that the RAUC may be a substantial proportion of the cost of supplying water, and incorporating it in the water price can result in long-term welfare gains.

求助全文

通过发布文献求助，成功后即可免费获取论文全文。去求助

来源期刊

Water Resources and Economics Environmental Science-Water Science and Technology

CiteScore

5.00

自引率

0.00%

发文量

审稿时长

51 days

期刊介绍： Water Resources and Economics is one of a series of specialist titles launched by the highly-regarded Water Research. For the purpose of sustainable water resources management, understanding the multiple connections and feedback mechanisms between water resources and the economy is crucial. Water Resources and Economics addresses the financial and economic dimensions associated with water resources use and governance, across different economic sectors like agriculture, energy, industry, shipping, recreation and urban and rural water supply, at local, regional and transboundary scale. Topics of interest include (but are not restricted to) the economics of: Aquatic ecosystem services- Blue economy- Climate change and flood risk management- Climate smart agriculture- Coastal management- Droughts and water scarcity- Environmental flows- Eutrophication- Food, water, energy nexus- Groundwater management- Hydropower generation- Hydrological risks and uncertainties- Marine resources- Nature-based solutions- Resource recovery- River restoration- Storm water harvesting- Transboundary water allocation- Urban water management- Wastewater treatment- Watershed management- Water health risks- Water pollution- Water quality management- Water security- Water stress- Water technology innovation.