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NEP: New Economics Papers
Agricultural Economics
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Edited by: Angelo Zago
http://ideas.repec.org/e/pza49.html
Universita degli Studi di Verona
Date: 2005-08-20
Papers: 1
This document is in the public domain, feel free to circulate it.
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In this issue we have:
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1. Moving from Piecemeal Accounting to a Pragmatic Economic
Approach to Water Pricing in Australia
Darla Hatton MacDonald; Sebastien Lamontagne
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1. Moving from Piecemeal Accounting to a Pragmatic Economic
Approach to Water Pricing in Australia
Darla Hatton MacDonald (Policy and Economics Research Unit,
CSIRO Land and Water)
Sebastien Lamontagne
It is often said that water is under-priced and that if the full
cost of water were charged, water use would be more sustainable.
Moving from a statement to actual practice requires a shift in
thinking about the fundamental economics. Australia has embarked
on a process of economic reform and part of the reform package in
the water sector has required States within Australia to report
on progress towards full cost pricing, including the set of costs
and in some circumstances, benefits, through changes to the
environment.
Keywords: water, full cost, economics, externalities, Murray-
Darling Basin
JEL: Q0 Q1 Q2
Date: 2004-03
URL: http://d.repec.org/n?u=RePEc:csi:report:04_005&r=agr
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