ID:
publications-4396
Type:
article
Year:
2003
Authors:
Dalhuisen, J.M. and Dalhuisen, J.M. and Florax, Raymond J.G.M. and Florax, Raymond J.G.M. and de Groot, H.L.F. and de Groot, Henri L. F. and Nijkamp, Peter and Nijkamp, Peter
Title:
Price and Income Elasticities of Residential Water Demand: A Meta-Analysis
Venue/Journal:
Land Economics
DOI:
10.2307/3146872
Research type:
Water System:
Technical Focus:
Abstract:
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.
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