Showing 1 - 10 of 492
Recent efforts to endogenize technological change in climate policy models demonstrate the importance of accounting for the opportunity cost of climate R&D investments. Because the social returns to R&D investments are typically higher than the social returns to other types of investment, any...
Persistent link: https://www.econbiz.de/10012463226
ecosystem services are produced by combining several non-substitutable ecosystem functions such as pollination and water …
Persistent link: https://www.econbiz.de/10014635641
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
having experienced them for one month. We find that SC leads to a reduction in water use per shower by 9.4%, RTF by 28 …
Persistent link: https://www.econbiz.de/10014436976