This report describes what the principle 'water as an economic good' means and what consequences it has for policy. Although there are discussions around this topic, the report states that water can be seen as a normal economic good.
Title | Water as an economic good : points of interest for policy |
Publication Type | Miscellaneous |
Year of Publication | 2003 |
Authors | Meijerink, G, Ruijs, A |
Pagination | vi, 24 p. |
Date Published | 2003-01-01 |
Publisher | Agricultural Economics Research Institute (LEI) |
Place Published | The Hague, The Netherlands |
Keywords | economic aspects, government organizations, policies, private sector, sdipol, uebw, water |
Abstract | This report describes what the principle 'water as an economic good' means and what consequences it has for policy. Although there are discussions around this topic, the report states that water can be seen as a normal economic good. It uses economic theory to clarify several debated issues. The report concludes that economic theory provides an elegant framework, but that the application to water issues runs into several practical problems. The report offers several recommendations for policy and further research. (Authors' abstract) |
Notes | 29 ref. Includes glossary |
Custom 1 | 202.7, 202.3 |