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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...
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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...
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This paper develops a model of residential water demand under a nonlinear budget constraint. The theoretical model for an individual consumer is adapted to yield an aggregate model that preserves the structure of the individual demand function, and that can be used with aggregate (water district...
Persistent link: https://www.econbiz.de/10010537368
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
A panel of monthly aggregate data from the Northwest of Spain is used to estimate domestic water demand functions under linear and non-linear tariffs. Price, billing, climatic, and sociodemographic variables are used as explanatory variables. The use of intraannual data constitutes a relevant...
Persistent link: https://www.econbiz.de/10005681051
This paper develops a model of residential water demand under a nonlinear budget constraint. The theoretical model for an individual consumer is adapted to yield an aggregate model that preserves the structure of the individual demand function, and that can be used with aggregate (water district...
Persistent link: https://www.econbiz.de/10005530568
Water demand management requires the implementation of instruments and strategies that consider pricing, mandatory water conservation requirements and the engagement of the public and private sectors as well as of the society at large. In the case of Singapore, water is treated as an economic...
Persistent link: https://www.econbiz.de/10010794845