Showing 1 - 10 of 181
In 1967, John Krutilla suggested a relationship between car camping, canoe cruising, and cross-country skiing and induced demand for wild, primitive, and wilderness-related opportunities. Here, the time trend of cross-section parameter estimates of the relationship is examined. Households...
Persistent link: https://www.econbiz.de/10011968075
This study measured the discount rates of a sample of 262 farm households in the Ethiopian highlands, using a time preference experiment with real payoffs. In general, the median discount rate was very high—more than double the interest rate on the outstanding debt—and varied systematically...
Persistent link: https://www.econbiz.de/10010541882
Urban water pricing provides an opportunity to examine whether consumers react to the shape of supply functions. We carry out an empirical analysis of the influence of price and price structure on residential water demand, using the most price-diverse, detailed, household-level water demand data...
Persistent link: https://www.econbiz.de/10005448624
This paper analyzes the potential household demand for alternative fuel vehicles in Norway, by applying data from a stated preference survey. The alternative fuel vehicles we consider are liquid propane gas and electric powered vehicles in addition to a dual-fuel vehicle. In this survey each...
Persistent link: https://www.econbiz.de/10011967937
In this paper the demand for space heating energy is estimated by using a discrete-continuous choice model which focuses on the relationship between the choice of heating equipment and energy consumption. The model is estimated on Norwegian micro data, and the two stages of the model are...
Persistent link: https://www.econbiz.de/10011968002
This article presents a new way of estimating latent total consumption in a household that may improve the accuracy of studies into permanent income and consumption inequality. While the frequently used total purchase expenditure in a household is an unbiased estimator of latent total household...
Persistent link: https://www.econbiz.de/10011968094
Information about total electricity consumption is available for most households. However, the electricity consumption related to different end uses, e.g. space heating, water heating, lighting and services from household appliances are usually not metered. Metering data are very costly to...
Persistent link: https://www.econbiz.de/10011968116
It is costly and difficult to meter electricity consumption for different end uses, e.g. space heating, lighting and household appliances. We deduce a model for using cross-sectional data for total annual electricity consumption for a sample of households, together with information from energy...
Persistent link: https://www.econbiz.de/10011968506
This paper illustrates how public goods may be incorporated into a cost-of-living index. When public goods are weak complements to a market good, quality-adjusted prices for the market good capture all the welfare information required. They are also consistent with a Laspeyres index that...
Persistent link: https://www.econbiz.de/10005442524
Although most production activities involve multiple outputs, econometric models of production or cost functions normally involve only one single homogeneous output. The aim of this paper is to test the hypothesis that a multiproduct specification is superior to a model with a single homogenous...
Persistent link: https://www.econbiz.de/10011968120