EconPapers    
Economics at your fingertips  
 

Price and income elasticities for urban residential water demand: A publication bias corrected meta-analysis

Alemken Jegnie, James Fogarty and Md Sayed Iftekhar

No 309192, Working Papers from University of Western Australia, School of Agricultural and Resource Economics

Abstract: This study provides reference own-price and income elasticity estimates for urban residential water demand, for a range of different contexts. The own-price elasticity sample consists of 1,020 estimates, drawn from 175 studies. The income elasticity sample consists of 516 estimates, drawn from 126 studies. For both the own-price and income elasticity literatures, publication bias appears to be present. Relative to sample mean values, the publication bias corrected income elasticity estimate falls by around one-half, and the publication bias corrected own-price elasticity estimate falls by around one-third. For countries where the income level falls into the World Bank classification of low-income through to lower-middle-income, we recommend default values of: -0.3 and -0.4 be assumed for the short-run and long-run indoor own-price elasticity; -0.6 and -0.7 be assumed for short-run and long-run outdoor own-price elasticity; and 0.1 be assumed as the income elasticity for all scenarios. For countries in the upper-middle and above income groups, we recommend default values of: -0.1 and -0.2 for the short-run and long-run indoor own-price elasticity; -0.4 and -0.5 for the short-run and long-run outdoor own-price elasticity; and that again 0.1 be assumed for the income elasticity, for all scenarios.

Keywords: Demand and Price Analysis; Resource /Energy Economics and Policy (search for similar items in EconPapers)
Date: 2021-02-02
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://ageconsearch.umn.edu/record/309192/files/W ... en%20Jegnie%2003.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:uwauwp:309192

DOI: 10.22004/ag.econ.309192

Access Statistics for this paper

More papers in Working Papers from University of Western Australia, School of Agricultural and Resource Economics Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().

 
Page updated 2023-06-15
Handle: RePEc:ags:uwauwp:309192