WATER CONSERVATION: THE ROLE OF PRICE AND REGULATION IN RESIDENTIAL WATER CONSUMPTION

Authors

  • Greg Barrett

    1. School of Business and Government, University of Canberra
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      The author would like to thank Terry A'Hearn and Richard Warner for their helpful comments


Abstract

This paper examines evidence on the role of pricing and regulation in encouraging conservation in residential water consumption. The paper uses the criteria of effectiveness, efficiency, and equity to compare pricing and regulatory approaches to water conservation. The paper concludes that both approaches are important and that a pragmatic mix of policies is most likely to encourage residential water conservation.

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