Chicago's water market: Dynamics of demand, prices and scarcity rents

Applied Economics

Volumn 34, Issue 17, 2002, Pages 2157-2163

  Ipe, Viju C ^a   Bhagwat, Subhash B ^b  

^a WORLD BANK   (United States)

^b ILLINOIS STATE GEOLOGICAL SURVEY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

ELASTICITY; PRICE DYNAMICS; WATER AVAILABILITY; WATER DEMAND; WATER ECONOMICS;

UNITED STATES;

EID: 0037784127     PISSN: 00036846     EISSN: None     Source Type: Journal    
DOI: 10.1080/00036840210138383     Document Type: Article

References (11)

1. Beecher, J. A. and Mann, P. C. (1997) Real water rates, Public Utilities Fortnightly, 15 July, 42-6
2. Chicago Tribune (1999) Chicago's water world: A saga told dryly, The Chicago Tribune, 26 September.
3. Hanson, D. A. (1980) Increasing extraction costs and resource prices: Some further results, Bell Journal of Economics, 11, 335-41.
4. Heal, G. (1976) The relationship between price and extraction cost for a resource with a backstop technology, Bell Journal of Economics, 7, 371-8.
5. Hotelling, H. (1981) The economics of exhaustible resources, Journal of Political Economy, 39, 137-75.
6. Howe, C. W., Schurmeier, D. R. and Shaw, W. D. Jr. (1986) Innovative approaches to water allocation: The potential for water markets, Water Resources Research, 22, 439-45.
7. Lynne, G. D. (1989) Scarcity rents for water: A valuation and pricing model: Comment, Land Economics, 65, 420-4.
8. Moncur, J. E. T. and Pollock, R. L. (1988) Scarcity rents for water: A valuation and pricing model: Reply, Land Economics, 64, 62-72.
9. Moncur, J. E. T. and Pollock, R. L. (1989) Scarcity rents for water: A valuation and pricing model: Reply, Land Economics, 65, 425-8.
10. Pindyck, R. S. (1978) The optimum exploration and production of nonrenewable resources, Journal of Political Economy, 86, 841-61.
11. Turvey, R. (1976) Analyzing the marginal cost of water supply, Land Economics, 52, 158-68.