Template-Type: ReDIF-Paper 1.0
Series: Tinbergen Institute Discussion Papers
Creation-Date: 2001-06-13
Number: 01-057/3
Author-Name: Jasper M. Dalhuisen
Author-Email: jdalhuisen@feweb.vu.nl
Author-Workplace-Name: Vrije Universiteit Amsterdam
Author-Name: Raymond J.G.M. Florax
Author-Email: rflorax@feweb.vu.nl
Author-Workplace-Name: Vrije Universiteit Amsterdam
Author-Name: Henri L.F.M. de Groot
Author-Email: hgroot@feweb.vu.nl
Author-Workplace-Name: Vrije Universiteit Amsterdam
Author-Name: Peter Nijkamp
Author-Email: pnijkamp@feweb.vu.nl
Author-Workplace-Name: Vrije Universiteit Amsterdam
Title: Price and Income Elasticities of Residential Water Demand: Why Empirical Estimates differ
Abstract: This paper presents a meta-analysis of variations in price and income elasticities of residential water demand.Information on the determinants of consumer demand is of pivotal importance for the efficiency and efficacy ofpublic and private policy-making. It is also crucial for effective water demand management. We focus on theapplication of statistical methods to synthesize research results on price and income elasticities of residentialwater demand report in the literature. These techniques are generally referred to as meta-analysis. This type ofanalysis constitutes an adequate tool for explaining why empirical estimates of the price and income elasticity ofresidential water demand vary to such considerable extents. The set of explanatory factors used in themeta-analysis includes variables derived from microeconomic choice theory and moderator variables reflectingdifferences in spatial and temporal dynamics, research design, and statistical quality of the estimates ofpreviously published studies.
Classification-JEL: D11; D12; H31; Q25; Q28
Keywords: water demand; price elasticity; income elasticity; meta-analysis
File-Url: https://papers.tinbergen.nl/01057.pdf
File-Format: application/pdf
File-Size: 191012 bytes
Handle: RePEc:tin:wpaper:20010057