Water and Energy Price Impacts on Residential Water Demand in Copenhagen

Lars Hansen

Land Economics, 1996, vol. 72, issue 1, 66-79

Abstract: While water price effects on residential water demand have been studied for several decades, the impact of energy prices does not seem to have received much attention. In this paper a residential water demand function-derived from a model of household production of final consumption goods taking water, energy, and an aggregate of other goods as inputs-is estimated on pooled time series data. We find negative energy cross-price elasticities around -0.2 and water price elasticities in the order of -0.1 or smaller.

Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:uwp:landec:v:72:y:1996:i:1:p:66-79

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