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When consumption of water and other utilities is measured collectively and payment for such services is equally shared … installation of individual meters affects water consumption. Using rich administrative data from the public water utility company … in Quito, Ecuador, it is estimated that water consumption decreases by about 8% as a result of the introduction of …
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This paper uses a sectoral version of conventional Imperfect substitutes model to motivate a parsimonious estimation of trade elasticities. The elasticities we compute depend directly on the specialization of trade across sectors, which is believed to add econometric precision to our estimates....
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