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The impact of price on residential water demand: Some new insights
Article first published online: 9 JUL 2010
DOI: 10.1029/WR018i004p00713
Copyright 1982 by the American Geophysical Union.
1944-7973/asset/cover.gif?v=1&s=797107f92f501d54ec880f7cc7998a974ae89f63 "Water Resources Research")
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How to Cite
(1982), The impact of price on residential water demand: Some new insights, Water Resour. Res., 18(4), 713–716, doi:10.1029/WR018i004p00713.
Publication History
- Issue published online: 9 JUL 2010
- Article first published online: 9 JUL 2010
- Manuscript Accepted: 5 NOV 1981
- Manuscript Received: 22 JUN 1981
- Abstract
- References
- Cited By
Marginal price elasticities are reestimated from the Johns Hopkins Residential Water Use Project data of 1963–1965, utilizing more appropriate forms of household water demand functions derived from recent advances in consumer theory that account for the effects of a rate structure. Winter season elasticity is found to be a very low −0.06 compared to −0.23 in a 1967 study. For summer demands, price elasticities are found to be lower than earlier estimates, namely, −0.568 versus −0.860 for eastern U.S. areas and −0.427 versus −0.519 for western areas.