Table 5.
The Effect of Changes in Fixed Transaction Costs From £5 to £20 on Water Abstractions (Ml), Volumes Bought (Ml), and Gross Benefits From Water Use (£; % Increase/Decrease Due to Increased Fixed Transaction Cost)
Sector | Dry Year | Normal Year | |
---|---|---|---|
Agriculture | volume abstracted (Ml) | −43 (−5%) | −26 (−3%) |
volume bought (Ml) | −1.8 (−1%) | −9.5 (−13.5%) | |
benefit from water use | −£5000 (−1%) | −£2600 (−0.5%) | |
Public and public water supply | reservoir intake (Ml) | 28 (<0.01%) | 1000 (<0.01%) |
abstractions from reservoir (Ml) | 1.7 (<0.01%) | 22 (<0.01%) | |
sector benefit from water use | £3400 (<0.01%) | £49,800 (<0.01%) | |
Industry | volume abstracted (Ml) | 0.02 (0.2%) | |
volume bought (Ml) | 0.02 (0.2%) | ||
benefit from water use | £12.5 (<0.01%) | ||
Overall | benefit from water use | −£1587.5 | £47,200 |