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Tradable water saving certificates to improve urban water use efficiency: an ex‐ante evaluation in a French case study
This paper proposes a system of tradable Water Saving Certificates to improve the efficiency of water allocation between Drinking Water Utilities at river basin level. A market institutional set‐up, inspired from recent policy developments in the energy sector, is proposed. An original analytical pr...
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Published in: | The Australian journal of agricultural and resource economics 2016-07, Vol.60 (3), p.422-441 |
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container_title | The Australian journal of agricultural and resource economics |
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creator | Rinaudo, Jean‐Daniel Calatrava, Javier De Byans, Marine Vernier |
description | This paper proposes a system of tradable Water Saving Certificates to improve the efficiency of water allocation between Drinking Water Utilities at river basin level. A market institutional set‐up, inspired from recent policy developments in the energy sector, is proposed. An original analytical price‐endogenous model is developed to simulate trade intensity, equilibrium price and efficiency gains in this urban water market. The economic model is implemented in a French case study using mathematical programming. It is used for conducting an ex‐ante evaluation of trade possibilities and efficiency gains, considering different spatial restrictions aimed at controlling environmental externalities. Our modelling exercise provides evidence of the benefits of the proposed Water Saving Certificate scheme. |
doi_str_mv | 10.1111/1467-8489.12132 |
format | article |
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A market institutional set‐up, inspired from recent policy developments in the energy sector, is proposed. An original analytical price‐endogenous model is developed to simulate trade intensity, equilibrium price and efficiency gains in this urban water market. The economic model is implemented in a French case study using mathematical programming. It is used for conducting an ex‐ante evaluation of trade possibilities and efficiency gains, considering different spatial restrictions aimed at controlling environmental externalities. Our modelling exercise provides evidence of the benefits of the proposed Water Saving Certificate scheme.</description><subject>Case studies</subject><subject>Earth Sciences</subject><subject>Economic theory</subject><subject>Efficiency</subject><subject>Environmental economics</subject><subject>Hydrology</subject><subject>Mathematical programming</subject><subject>Sciences of the Universe</subject><subject>Studies</subject><subject>tradable water saving certificates</subject><subject>Urban areas</subject><subject>Water conservation</subject><subject>water management and policy</subject><subject>water market</subject><subject>Water markets</subject><subject>Water resources management</subject><issn>1364-985X</issn><issn>1467-8489</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2016</creationdate><recordtype>article</recordtype><sourceid>8BJ</sourceid><recordid>eNqNkUtP3DAUhSPUSqW0624tsSmLgF_xg90IlUI1UqWKSt1ZN36AUSahdjIwu_6E_kZ-SZ0GseiGemPrnO9c-epU1QeCj0k5J4QLWSuu9DGhhNG9av9ZeVXeTPBaq-bHm-ptzrcYY8oF3a8erhI4aDuP7mH0CWXYxv4aWZ_GGKItWkbjgOLmLg1bj6bUQv-ETtkjHwoUfW93p6gY_uHx12_ox2JsoZtgjEOPYo8AnacC3SALJZTHye3eVa8DdNm_f7oPqu_nn67OLur118-XZ6t1bRtKaN22TDTgQnBceKWd0lgKqhQRwKz3WnKndUskDcVwlPNAG2cdtUG2TKuWHVRHy9wb6MxdihtIOzNANBertZk1TIRulCBbUtiPC1uW_Tn5PJpNzNZ3HfR-mLIhSiqpG8bUf6BYSdoo3hT08B_0dphSX5aeKcIkpZgV6mShbBpyTj48f5ZgMxds5jrNXKf5W3BJiCVxHzu_ewk3qy-rb0vwDy3uqAk</recordid><startdate>201607</startdate><enddate>201607</enddate><creator>Rinaudo, Jean‐Daniel</creator><creator>Calatrava, Javier</creator><creator>De Byans, Marine Vernier</creator><general>Blackwell Publishing Ltd</general><general>Wiley</general><scope>AAYXX</scope><scope>CITATION</scope><scope>7ST</scope><scope>8BJ</scope><scope>C1K</scope><scope>FQK</scope><scope>JBE</scope><scope>SOI</scope><scope>1XC</scope><scope>VOOES</scope><orcidid>https://orcid.org/0000-0001-8539-574X</orcidid><orcidid>https://orcid.org/0000-0003-1165-7908</orcidid></search><sort><creationdate>201607</creationdate><title>Tradable water saving certificates to improve urban water use efficiency: an ex‐ante evaluation in a French case study</title><author>Rinaudo, Jean‐Daniel ; Calatrava, Javier ; De Byans, Marine Vernier</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c5212-bb365adffd46e89d8907628816a3cee974d99b172f907d244f25dcd2cf7b398b3</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2016</creationdate><topic>Case studies</topic><topic>Earth Sciences</topic><topic>Economic theory</topic><topic>Efficiency</topic><topic>Environmental economics</topic><topic>Hydrology</topic><topic>Mathematical programming</topic><topic>Sciences of the Universe</topic><topic>Studies</topic><topic>tradable water saving certificates</topic><topic>Urban areas</topic><topic>Water conservation</topic><topic>water management and policy</topic><topic>water market</topic><topic>Water markets</topic><topic>Water resources management</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Rinaudo, Jean‐Daniel</creatorcontrib><creatorcontrib>Calatrava, Javier</creatorcontrib><creatorcontrib>De Byans, Marine Vernier</creatorcontrib><collection>CrossRef</collection><collection>Environment Abstracts</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>Environmental Sciences and Pollution Management</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><collection>Environment Abstracts</collection><collection>Hyper Article en Ligne (HAL)</collection><collection>Hyper Article en Ligne (HAL) (Open Access)</collection><jtitle>The Australian journal of agricultural and resource economics</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Rinaudo, Jean‐Daniel</au><au>Calatrava, Javier</au><au>De Byans, Marine Vernier</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Tradable water saving certificates to improve urban water use efficiency: an ex‐ante evaluation in a French case study</atitle><jtitle>The Australian journal of agricultural and resource economics</jtitle><date>2016-07</date><risdate>2016</risdate><volume>60</volume><issue>3</issue><spage>422</spage><epage>441</epage><pages>422-441</pages><issn>1364-985X</issn><eissn>1467-8489</eissn><notes>This manuscript has been prepared as part of the Water Cap & Trade project funded as part of the Era Net program on Integrated Water Resources Management. The authors acknowledge the financial support by ONEMA (France) and Fundación para el Conocimiento madri+d (Spain). We also thank the editor John Rolfe, the associate editor and two anonymous reviewers for very useful comments on an earlier version of this manuscript. The usual disclaimer applies.</notes><notes>ObjectType-Article-1</notes><notes>SourceType-Scholarly Journals-1</notes><notes>ObjectType-Feature-2</notes><notes>content type line 23</notes><abstract>This paper proposes a system of tradable Water Saving Certificates to improve the efficiency of water allocation between Drinking Water Utilities at river basin level. A market institutional set‐up, inspired from recent policy developments in the energy sector, is proposed. An original analytical price‐endogenous model is developed to simulate trade intensity, equilibrium price and efficiency gains in this urban water market. The economic model is implemented in a French case study using mathematical programming. 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source | EconLit s plnými texty; EBSCOhost Business Source Ultimate; International Bibliography of the Social Sciences (IBSS); Wiley Online Library |
subjects | Case studies Earth Sciences Economic theory Efficiency Environmental economics Hydrology Mathematical programming Sciences of the Universe Studies tradable water saving certificates Urban areas Water conservation water management and policy water market Water markets Water resources management |
title | Tradable water saving certificates to improve urban water use efficiency: an ex‐ante evaluation in a French case study |
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