English, Article edition: THE TAXABLE SURPLUS IN WATER RESOURCES MASON Gaffney

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Bookmark: http://trove.nla.gov.au/version/184780
Physical Description
  • article
Language
  • English

Edition details

Title
  • THE TAXABLE SURPLUS IN WATER RESOURCES
Author
  • MASON Gaffney
Physical Description
  • article
Notes
  • Taxes or rental charges for water use are bearable and legal and would spur water economy, but the following fallacies impede acceptance of these ideas: (i) water rights are real property, (ii) a charge on water would be passed on to consumers, (iii) the cost of water is just its development cost, (iv) markets solve most problems if property rights are firm, (v) only consumptive use is a social cost, and (vi) common rights must spell tragedy. This paper dispels these fallacies while advocating taxation and/​or rental charges for water use. Copyright 1992 Western Economic Association International.
  • RePEc:bla:coecpo:v:10:y:1992:i:4:p:74-82
Language
  • English
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