TY - JOUR
T1 - A spatial model of optimal water conveyance
AU - Chakravorty, Ujjayant
AU - Hochman, Eithan
AU - Zilberman, David
PY - 1995/7
Y1 - 1995/7
N2 - Most water projects suffer from losses in conveyance. Because conveyance has public good characteristics, investment in reducing conveyance losses must be provided by a central authority. This paper develops a spatial model to determine optimal conveyance investment, water allocation, and investment in firm-specific conservation technology. The efficiency and distributional characteristics of the optimal solution are compared to projects with (i) well-developed water markets and (ii) spatially uniform water prices, both with sub-optimal conveyance. A numerical illustration is provided.
AB - Most water projects suffer from losses in conveyance. Because conveyance has public good characteristics, investment in reducing conveyance losses must be provided by a central authority. This paper develops a spatial model to determine optimal conveyance investment, water allocation, and investment in firm-specific conservation technology. The efficiency and distributional characteristics of the optimal solution are compared to projects with (i) well-developed water markets and (ii) spatially uniform water prices, both with sub-optimal conveyance. A numerical illustration is provided.
UR - http://www.scopus.com/inward/record.url?scp=0002675218&partnerID=8YFLogxK
U2 - 10.1006/jeem.1995.1029
DO - 10.1006/jeem.1995.1029
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AN - SCOPUS:0002675218
SN - 0095-0696
VL - 29
SP - 25
EP - 41
JO - Journal of Environmental Economics and Management
JF - Journal of Environmental Economics and Management
IS - 1
ER -
