Urban Water Demand Estimates Under Increasing Block Rates Metadata
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- Main Title Urban Water Demand Estimates Under Increasing Block Rates
Author: Nieswiadomy, Michael L.Creator Type: PersonalCreator Info: University of North Texas
Author: Molina, David J.Creator Type: PersonalCreator Info: University of North Texas
Name: John Wiley & SonsPlace of Publication: [Hoboken, New Jersey]
- Creation: 1988
- Content Description: This article discusses urban water demand estimates under increasing block rates.
- Physical Description: 13 p.
- Keyword: residential water
- Keyword: consumption
- Keyword: block rate schedules
- Journal: Growth and Change, 1988, Hoboken: John Wiley & Sons
- Publication Title: Growth and Change
- Volume: 19
- Issue: 1
- Pages: 12
Name: UNT Scholarly WorksCode: UNTSW
Name: UNT College of Arts and SciencesCode: UNTCAS
- Rights Access: public
- Archival Resource Key: ark:/67531/metadc71792
- Academic Department: Economics
- Display Note: Abstract: A residential water demand equation is estimated using the only data set on water consumption that contains time series (monthly) observations on individual customers facing an increasing block rate schedule. Because the price of water both determines, and is determined by, usage, ordinary least squares estimation will yield biased estimates. Thus, two-stage least squares and instrumental variables techniques are used. The estimated coefficients on lawn size, weather, house size, and income have the expected signs and are statistically significant. However, there is not any significant response to changes in water price, perhaps due to the relatively low cost of water.