RT Journal Article
SR Electronic
T1 Price and Income Elasticities of Residential Water Demand: A Meta-Analysis
JF Land Economics
JO Land Econ
FD University of Wisconsin Press
SP 292
OP 308
DO 10.2307/3146872
VO 79
IS 2
A1 Dalhuisen, Jasper M.
A1 Florax, Raymond J. G. M.
A1 de Groot, Henri L. F.
A1 Nijkamp, Peter
YR 2003
UL http://le.uwpress.org/content/79/2/292.abstract
AB This article presents a meta-analysis of variations in price and income elasticities of residential water demand. Meta-analysis constitutes an adequate tool to synthesize research results by means of an analysis of the variation in empirical estimates reported in the literature. We link the variation in estimated elasticities to differences in theoretical microeconomic choice approaches, differences in spatial and temporal dynamics, as well as differences in research design of the underlying studies. The occurrence of increasing or decreasing block rate systems turns out to be important. With respect to price elasticities, the use of the discrete-continuous choice approach is relevant in explaining observed differences. (JEL H31, Q25)