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Short-Term Water Consumption Dynamics in El Paso, Texas

Thomas Fullerton and Arturo Elias
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Arturo Elias: University of Texas at El Paso

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Abstract: An ARIMA linear transfer function model is estimated for El Paso, Texas. Sample data are from January 1994 through December 2002. Beyond parameter estimation, empirical analysis is also carried out using out- of-sample model simulations. Results indicate that the equation forecasts compare favorably to a random walk benchmark.

Keywords: Water consumption; applied econometrics; forecast evaluation (search for similar items in EconPapers)
JEL-codes: Q25 (search for similar items in EconPapers)
Pages: 18 pages
Date: 2004-10-04
Note: Type of Document - doc; pages: 18
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Handle: RePEc:wpa:wuwpot:0410005