| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Estimating Urban Residential Water-Demand With Increasing Block Prices: The Case of Perth, Western Australia
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| Autores: |
Xayavong, Vilaphonh
Burton, Michael P.
White, Benedict
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| Data: |
2008-05-09
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| Ano: |
2008
|
| Palavras-chave: |
Water demand
Water pricing
Block pricing
Water resource management
Household model
Demand and Price Analysis
Resource /Energy Economics and Policy
Q21
Q25 and Q23
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| Resumo: |
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 goods) is used to satisfy fundamental desires of the household. We have applied the specification of price that provided the correctly estimated marginal price from the block tariff structure, and employed a maximum likelihood estimation technique to tackle the endogeneity and heteroskedasticity issues. Our estimation of water demand price elasticities are slightly higher (more elastic) than previous study in Perth, but broadly in line with other estimates in the literature.
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| Tipo: |
Conference Paper or Presentation
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| Idioma: |
Inglês
|
| Identificador: |
29736
http://purl.umn.edu/6010
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| Relação: |
Australian Agricultural and Resource Economics Society - 2008>2008 Conference (52nd), February 5-8, 2008, Canberra, Australia
Conference Paper
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| Formato: |
25
|
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