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Best practice pricing principles vs. the politics of water pricing

机译：最佳做法定价原则与水价政策

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摘要

Government response to water reform in Australia has included a buyback of water rights and public investments in irrigation infrastructure. In the case of the latter, a critically important but under-investigated feature of this policy response is that water users are subsequently not obliged to pay water prices that reflect the cost of gifted irrigation infrastructure. Thus, whilst considerable progress has been claimed towards establishing water prices that are cost-reflective, such as offering tradable water rights, much can still be done to improve the price signals received by rural and urban water users. This paper investigates the politics of establishing water charges that are cost reflective. More specifically, we discuss how political economy can potentially and markedly distort best practice water pricing. An assessment framework that draws from best practice pricing principles embodied in the National Water Initiative (NWI), Water Industry Regulatory Order (WIRO) and the Essential Services Commission (ESC) Act is used as a framework to consider areas of improvement with special attention given to arrangements in Victoria. Nonetheless, we argue that the results are applicable in most jurisdictions and suggest there is considerable scope for improving the efficiency of water prices.
机译：政府对澳大利亚水改革的回应包括回购水权和对灌溉基础设施的公共投资。在后者的情况下，该政策对策的一个至关重要但未得到充分研究的特征是，用水者随后没有义务支付反映有天赋的灌溉基础设施成本的水价。因此，尽管在建立反映成本的水价（例如提供可交易的水权）方面取得了可观的进展，但是在改善农村和城市用水者所收到的价格信号方面仍然可以做很多工作。本文研究建立反映成本的水费的政治。更具体地说，我们讨论政治经济学如何可能潜在地显着扭曲最佳做法的水价。评估框架借鉴了国家水务倡议（NWI），水行业监管令（WIRO）和基本服务委员会（ESC）法案中体现的最佳实践定价原则，被用作考虑需要特别关注的改进领域的框架去维多利亚安排。尽管如此，我们认为该结果适用于大多数司法管辖区，并建议在提高水价效率方面还有很大的余地。

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