This study examines the supply response and the effect of price predictability of corn in the province of Quebec. A generalized autoregressive conditional heteroskedasticity (GARCH) process is used to model output price expectations and its volatility. The empirical results show that price...

We estimate the price elasticity of water demand with household-level data, structurally modeling the piecewise-linear budget constraints imposed by increasing-block pricing. We develop a mathematical expression for the unconditional price elasticity of demand under increasing-block prices and...

We estimate the price elasticity of water demand with household-level data, structurally modeling the piecewise-linear budget constraints imposed by increasing-block pricing. We develop a mathematical expression for the unconditional price elasticity of demand under increasing-block prices and...