Measuring Price Elasticities for Residential Water Demand with Limited Information

Henry Klaiber, V. Smith, Michael Kaminsky and Aaron Strong

Land Economics, 2014, vol. 90, issue 1, 100-113

Abstract: This paper exploits the seasonal and annual changes in marginal prices for water to estimate the price elasticity of demand by residential households for water. It uses the changes in distributions of water used at the census block group levels in response to changes in marginal prices of water for matched months across years. This strategy reduces the interaction effects of outdoor use and demographic factors in determining responsiveness to price. By comparing years that vary in overall water availability, the framework can recover measures of how responses to price vary with season and drought conditions. The application is the urban Phoenix metropolitan area.

JEL-codes: H42 Q25 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (26)

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Working Paper: Measuring Price Elasticities for Residential Water Demand with Limited Information (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:uwp:landec:v:90:y:2014:i:1:p:100-113

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