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This study uses panel data at suburb level to estimates the elasticity water demands in Perth, Australia from 1995 to 2005. After deriving the consumer’s water demand under a non-linear budget constraint, we estimate the water demand model, which accounts for how water (and other purchased...
Persistent link: https://www.econbiz.de/10005061079
This study uses panel data at suburb level to estimates the elasticity water demands in Perth, Australia from 1995 to 2005. After deriving the consumer’s water demand under a non-linear budget constraint, we estimate the water demand model, which accounts for how water (and other purchased...
Persistent link: https://www.econbiz.de/10005038773
Agri-environmental schemes are found in most European countries and now account for approximately 4 per cent part of EU expenditure on UK agriculture. A significant part of that expenditure is the cost of monitoring farmer compliance with input restrictions. This paper analyses the design of...
Persistent link: https://www.econbiz.de/10010909059
Conservation and restoration of native vegetation is often a gradual process which may require many years to transform an ecosystem from one vegetative state to a target ecosystem. This process is stochastic, with some changes potentially irreversible. In contrast, contracts with landholders to...
Persistent link: https://www.econbiz.de/10005513635
It has been suggested that the nature of the task within a multi-attribute multi-alternative choice experiment may be sufficiently complex to make it difficult for individuals to develop response strategies to strategically bias their answers. This experiment tested that hypothesis by setting...
Persistent link: https://www.econbiz.de/10009442737
Conventional empirical demand systems normally take prices to be exogenous, and determine the quantities demanded. Although this is logical for the individual consumer, at the market level the aggregate quantity traded may be exogenously determined, while the price vector changes to ensure...
Persistent link: https://www.econbiz.de/10009444647
Green electricity products are increasingly made available to consumers in many countries in an effort to address a number of environmental and social concerns. Most of the existing literature on this green electricity market focuses on consumer's characteristics and product attributes that...
Persistent link: https://www.econbiz.de/10010914439