Residential Water Use: Efficiency, Affordability, and Price Elasticity
學年 102
學期 1
出版(發表)日期 2013-10-30
作品名稱 Residential Water Use: Efficiency, Affordability, and Price Elasticity
作品名稱(其他語言)
著者 Hung, Ming-Feng; Chie, Bin-Tzong
單位 淡江大學產業經濟學系
出版者 Dordrecht: Springer Netherlands
著錄名稱、卷期、頁數 Water Resources Management 27(1), p.275-291
摘要 In practice, water pricing is the main economic instrument used to discourage the wasteful use of residential water. Owing to considerations of affordability, residential water is systematically underpriced because water is essential for life. Such a low price results in water being used inefficiently. This paper proposes a system that supplements the existing price system with a cap-and-trade measure to reconcile conflicts among the goals of residential water use. It forces all people (independent of income) to be faced with reasonable price signals and to use water efficiently. The poor could, however, gain from trade and afford water. By taking advantage of the agent-based model, a simulation of this system applied to Taipei, Taiwan shows that those with lower income per capita are better off under this system even though the equilibrium price of residential water is higher. The simulated average price elasticity of market demand is −0.449.
關鍵字 Residential water;Efficiency;Affordability;Water pricing;Cap and trade;Price elasticity;Agent-based model
語言 en_US
ISSN 0920-4741
期刊性質 國外
收錄於 SCI
產學合作
通訊作者 Hung, Ming-Feng
審稿制度
國別 NLD
公開徵稿
出版型式 ,紙本
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