publication . Other literature type . 2004

MICROECONOMIC ASPECTS OF WATER PRICES

Goić, Srećko;
Open Access Croatian
  • Published: 01 Jan 2004 Journal: Ekonomski pregled, volume 55, issue 7-8 (issn: 0424-7558, eissn: 1848-9494, Copyright policy)
  • Publisher: Hrvatsko društvo ekonomista, Zagreb
Abstract
Water as a specific commodity, and water supply as a specific industry, represent a very interesting field for microeconomic analysis. Starting from the fact that in the market economy most of microeconomic categories and relations are turning around the price, this paper is attempting to give a comprehensive analysis of key microeconomic determinants of water prices. Establishing that the water market is a monopolistic one, relations between supply and demand have been analyzed, as well as demand elasticity, relations between water supplier revenue and water price, importance and behavior of costs in water supply industry, relations between revenue, costs and p...
Subjects
free text keywords: cijene vode; vodoopskrba; monopolističko tržište; mikroekonomski parametri, water prices; water supply; monopolistic market; microeconomic parameters

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