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The Price of Water: Studies in Water Resource Economics and Management

Stephen Merrett
Stephen Merrett
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IWA Publishing
ISBN electronic:
Publication date:
April 2005

Bringing together 14 papers previously published in refereed journals, The Price of Water provides information that many readers would not otherwise have access to through their professional and academic libraries.

The basic disciplines of the articles are economics and philosophy, built upon by discussion of hydrology, civil engineering, water law and water resource planning. The scope of the book is broad, dealing with a diverse range of subjects such as regional and catchment planning and integrated water resources management.

Topics considered include:

  • both water quantities and qualities,

  • drought management,

  • the ‘virtual water’ controversy,

  • farmers’ water-rights,

  • the economic demand for water,

  • the design of abstraction charges,

  • the cost and use of irrigation water,

  • the design of effluent charges,

  • the ‘willingness-to-pay’ methodology.

The Price of Water aims to link up economics with the other dominant water resource disciplines, establishing an economics of the real world, rather than an academic abstraction - the hydrosocial balance. In providing a new and practicable basis for planning outsream water investments, as well as understanding the baseline situation, the development and use of the hydrosocial balance to modelling water resources supply and use at the regional (or river basin) scale delivers this link.

Key Features

Provides a full and clear account of the use of the hydrosocial balance in water resource planning.

Offers a practical approach to managing water quantity and water quality issues alongside each other.

The first book to propose the use of water pricing as an instrument of drought management.

Gives an original account of the global 21st Century challenges that water resource planners will have to address.

ISBN: 9781843390817 (Print)

ISBN: 9781780402857 (eBook)

The Price of Water: Studies in Water Resource Economics and Management
By: Stephen Merrett
ISBN (electronic): 9781780402857
Publisher: IWA Publishing
Published: 2005

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