Hoehn, John - Agricultural and Applied Economics Association - AAEA - 2014
. A random effects estimator is used to derive water demand elasticity estimates that are efficient and unbiased by … selection effects. The sample mean elasticity for reported elasticities is -.37%. Once publication bias is removed, the mean … elasticity estimate drops to -.08%. Indoor water demand is almost perfectly inelastic. Water demands and their elasticities are …