Municipal water supply and sewage treatment: costs, prices, and distortions.
Municipal water supply and sewage treatment utilities in Ontario, Canada, are studied in order to establish their costs of supply and evaluate their pricing practices. Prices charged to residential and commercial customers are found to be only one-third and one-sixth of the estimated marginal cost...
| Published in: | Canadian Journal of Economics Vol. 32; no. 3; pp. 688 - 705 |
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| Format: | Article |
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Wiley-Blackwell
May 1999
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| Online Access: | View this record in EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=512831367&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 512831367 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00084085 CJE jtl: Canadian Journal of Economics issn: 00084085 maglogo: N pubinfo: dt: May 1999 vid: 32 iid: 3 pid: 480 pub: Wiley-Blackwell artinfo: ui: 512831367 10.2307/136444 ppf: 688 ppct: 17 formats: tig: atl: Municipal water supply and sewage treatment: costs, prices, and distortions. aug: au: Renzetti, Steven su: Waste management -- Fees Water utility rates Water utilities Sewage disposal plant costs Marginal pricing Ontario sug: subj: Ontario Waste management -- Fees Water utility rates Water utilities Sewage disposal plant costs Marginal pricing keyword: Marginal cost pricing ab: Municipal water supply and sewage treatment utilities in Ontario, Canada, are studied in order to establish their costs of supply and evaluate their pricing practices. Prices charged to residential and commercial customers are found to be only one-third and one-sixth of the estimated marginal cost for water supply and sewage treatment, respectively. For example, the average price to residential customers is $0.32/m3, while the estimated marginal cost is $0.87/m3. The estimated cost parameters are combined with estimated residential and non-residential demands functions in order to calculate approximate welfare losses that arise from overconsumption. Reprinted by permission of the publisher. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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