Showing 1 - 10 of 72
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
Appropriate pricing of water is critical for improving the efficiency of pipe-borne water supply systems in many developing countries. However, existing literature on residential, industrial and commercial water demand has primarily focused on developed countries. This paper estimates the demand...
Persistent link: https://www.econbiz.de/10008680492
This paper formulates a demand model for residential water in Sri Lanka using the Stone-Geary functional form. This functional form has two main advantages when compared with Cobb-Douglas: non-constant price elasticities and; it considers water consumption as two components – a fixed and a...
Persistent link: https://www.econbiz.de/10011141105
The price specification suggested by Nordin (1976) for theanalysis of demand under block tariffs is applied to estimatewater demand functions using aggregate data from the Northwest ofSpain. The traditional way of using Nordin's specification whenonly aggregate data are available (using values...
Persistent link: https://www.econbiz.de/10005684229
Survey data from over 1,600 households in ten countries were used to analyse the determinants of residential water demand. Results show that in every country the price elasticity is negative and statistically significant. Households that do not have to pay for the water they use (volumetric...
Persistent link: https://www.econbiz.de/10008693242
This study suggests that demand management through pricing policies can be used to solve water supply problems. A demand function for water was developed using cross-sectional water data. The demand function was used in a simulation analysis to determine reservoir capacity needed to supply water...
Persistent link: https://www.econbiz.de/10010882839
Using a bio-economic model, H2OBeef, that includes traditionally considered parameters associated with running a beef feedlot but also incorporates aspects associated with water, changes that can alter water consumption and or price are examined. The results indicate that when water does not...
Persistent link: https://www.econbiz.de/10010882885
This paper presents an application of two ML models to the analysis of residential demand of water - the heterogeneity and the two-error model, both apt to model demand in presence of a kinked budget constraint. The heterogeneity model is especially suitable when the distribution is...
Persistent link: https://www.econbiz.de/10005049478
This paper explains the economic conception of water - how economists think about water. It consists of two main sections. First, it reviews the economic concept of value, explains how it is measured, and discusses how this has been applied to water in various ways. Then it considers the debate...
Persistent link: https://www.econbiz.de/10009646055