Showing 1 - 10 of 14
that rationing binds on input use, such that farmers, despite trivial prices for water extraction, use roughly the socially … optimal amount of water on average. The rationing regime is still grossly inefficient, because it misallocates water across …
Persistent link: https://www.econbiz.de/10012481328
We estimate the price elasticity of water demand with household-level data, structurally modeling the piecewise … water utility service areas …
Persistent link: https://www.econbiz.de/10012465074
identifies causal peer effects in water conservation during the growing season, utilizing variation from consumer migration. We … landscaping underpins the peer effects in water consumption. We also provide evidence that without a price signal, peer effects … are muted, demonstrating a complementarity between information transmission and prices. These results inform water use …
Persistent link: https://www.econbiz.de/10012452909
Water use and electricity use, which generate negative environmental externalities, are susceptible to a second … other household members. If individual usage is imperfectly observed (as is typical for water and electricity) and family … argument and test its prediction that intrahousehold free-riding dampens price sensitivity. We do so in the context of water …
Persistent link: https://www.econbiz.de/10012453521
This paper formulates and estimates a household-level, billing-cycle water demand model under increasing block prices … household demographics in the utility's service territory to recover the impact of these factors on water demand. An index of … models are used to compute the distribution of utility-level water demand and revenues for any possible price schedule …
Persistent link: https://www.econbiz.de/10012456175
understood. Yet, there is little evidence comparing the effectiveness of these instruments, especially when considering water … resource management. We exploit a rich panel of residential water consumption to examine heterogeneous responses to both price … to reduce consumption among households who generally are large consumers of water. However, prescriptive policies such as …
Persistent link: https://www.econbiz.de/10012458202
This paper exploits the seasonal and annual changes in marginal prices for water to estimate the price elasticity of … demand by residential households for water. It uses the changes in distributions of water using the census block group levels … in response to changes in marginal prices of water for matched months across years. This strategy reduces the interaction …
Persistent link: https://www.econbiz.de/10012460368
The Clean Water Act (CWA) significantly improved surface water quality, but at a cost exceeding the estimated benefits …
Persistent link: https://www.econbiz.de/10012616600
have spent nearly $5 trillion ($2017) to provide clean rivers, lakes, and drinking water, or annual spending of 0.8 percent … of U.S. GDP in most years. Yet over half of rivers and substantial shares of drinking water systems violate standards …, and polls for decades have listed water pollution as Americans' number one environmental concern. We assess the history …
Persistent link: https://www.econbiz.de/10012480024
The paper provides an integrated framework to assess water markets in terms of their institutional underpinnings and … the three 'pillars' of integrated water resource management: economic efficiency, equity and environmental sustainability …. This framework can be used: (1) to benchmark different water markets; (2) to track performance over time; and (3) to …
Persistent link: https://www.econbiz.de/10012462452