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Water resources in Illinois : demand, prices, and scarcity rents

by: Ipe, Viju C; Bhagwat, Subhash; Illinois State Geological Survey

Publication date: 2003

Topics: Water-supply

Publisher: Champaign, Ill. : Illinois State Geological Survey

Collection: university_of_illinois_urbana-champaign; americana

Contributor: University of Illinois Urbana-Champaign

Language: English

Volume: Industrial Minerals Notes No. 126

Includes bibliographical references (p. 9-10)

Abstract. -- Introduction. -- Dynamics of water demand. -- Available water resources and supply. -- Temporal and spatial variability in water prices across Illinois. -- Economic value, scarcity rents, and prices : the case of Chicago. -- Theory of scarcity rents and pricing of natural resources. -- Estimate of scarcity rents and prices in Chicago region. -- Conclusions and policy implications. -- References. -- Recommended readings. -- Appendix