Informing Water Policies with a Residential Water Demand Function: The Case of Serbia

Arnaud Reynaud, Denis Lanzanova, Miodrag B. Milovanovic and Ad de Roo

European Journal of Comparative Economics, 2016, vol. 13, issue 2, 247-266

Abstract: We provide the first estimate of a household water demand function in Serbia. The econometric model is estimated on a panel dataset made of the 25 Serbian districts (oblasts) covering years 2009 to 2012. Our estimates reveal a price elasticity of the Serbian household water demand varying between -0.2 and -0.9, depending on the model considered. We also demonstrate how the household water demand function can inform water policies in a prospective context. Using our estimates, we explore some possible future patterns of regional household water consumption in Serbia.

Keywords: Residential Water Demand; Price Elasticity; Water Policy; Serbia (search for similar items in EconPapers)
JEL-codes: C33 Q21 Q25 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:liu:liucej:v:13:y:2016:i:2:p:247-266

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