Gateway to Think Tanks
来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP8423 |
DP8423 Enhancing the Efficiency of Water Supply ? Product Market Competition versus Trade | |
Reto Foellmi; Urs Meister | |
发表日期 | 2011-06-01 |
出版年 | 2011 |
语种 | 英语 |
摘要 | In most developed countries, the provision of water is organized at a local level. The costs and tariffs vary significantly, even between adjacent water utilities. Such heterogeneity is an obvious indication of the sector?s overall inefficiency and stresses a need for institutional adjustments. We show that cooperation by water trade and the introduction of competition by common carriage between adjacent utilities are valuable alternatives to improve the industry?s efficiency, even when mergers are not feasible. Because both approaches require the physical connection of neighboring networks, they may have similar effects. This paper analyzes and compares the relevant welfare gains and shows that production efficiency and retail prices may differ depending on the initial cost differential, the application of regulations and the distribution of bargaining power. Using a theoretical model, we show that at higher initial production cost differentials, welfare is higher under competitive conditions, even in a lower-bound benchmark case without any regulation. |
主题 | Industrial Organization ; Public Economics |
关键词 | Bargaining Networks Product-market competition Trade Water |
URL | https://cepr.org/publications/dp8423 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/537260 |
推荐引用方式 GB/T 7714 | Reto Foellmi,Urs Meister. DP8423 Enhancing the Efficiency of Water Supply ? Product Market Competition versus Trade. 2011. |
条目包含的文件 | 条目无相关文件。 |
个性服务 |
推荐该条目 |
保存到收藏夹 |
导出为Endnote文件 |
谷歌学术 |
谷歌学术中相似的文章 |
[Reto Foellmi]的文章 |
[Urs Meister]的文章 |
百度学术 |
百度学术中相似的文章 |
[Reto Foellmi]的文章 |
[Urs Meister]的文章 |
必应学术 |
必应学术中相似的文章 |
[Reto Foellmi]的文章 |
[Urs Meister]的文章 |
相关权益政策 |
暂无数据 |
收藏/分享 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。