Showing 1 - 10 of 10
We estimate the price elasticity of water demand with household-level data, structurally modeling the piecewise …-linear budget constraints imposed by increasing-block pricing. We develop a mathematical expression for the unconditional price … water utility service areas …
Persistent link: https://www.econbiz.de/10012759730
Water use and electricity use, which generate negative environmental externalities, are susceptible to a second … other household members. If individual usage is imperfectly observed (as is typical for water and electricity) and family … argument and test its prediction that intrahousehold free-riding dampens price sensitivity. We do so in the context of water …
Persistent link: https://www.econbiz.de/10012930842
identifies causal peer effects in water conservation during the growing season, utilizing variation from consumer migration. We … landscaping underpins the peer effects in water consumption. We also provide evidence that without a price signal, peer effects … are muted, demonstrating a complementarity between information transmission and prices. These results inform water use …
Persistent link: https://www.econbiz.de/10012914716
This paper formulates and estimates a household-level, billing-cycle water demand model under increasing block prices … household demographics in the utility's service territory to recover the impact of these factors on water demand. An index of … models are used to compute the distribution of utility-level water demand and revenues for any possible price schedule …
Persistent link: https://www.econbiz.de/10012985203
This paper exploits the seasonal and annual changes in marginal prices for water to estimate the price elasticity of … demand by residential households for water. It uses the changes in distributions of water using the census block group levels … in response to changes in marginal prices of water for matched months across years. This strategy reduces the interaction …
Persistent link: https://www.econbiz.de/10013101832
that rationing binds on input use, such that farmers, despite trivial prices for water extraction, use roughly the socially … optimal amount of water on average. The rationing regime is still grossly inefficient, because it misallocates water across …
Persistent link: https://www.econbiz.de/10013308483
understood. Yet, there is little evidence comparing the effectiveness of these instruments, especially when considering water … resource management. We exploit a rich panel of residential water consumption to examine heterogeneous responses to both price …. Our empirical models suggest that the burden of pricing policies fall disproportionately on low-income households and fail …
Persistent link: https://www.econbiz.de/10013225163
Uneven development within countries suggests that domestic trade frictions are important. Trade flows within a country, however, are rarely observed. We employ a new dataset on trade between fifteen Chinese treaty ports to examine the importance of domestic frictions around the year 1900. The...
Persistent link: https://www.econbiz.de/10013001211
How likely is trade liberalization to produce efficiency gains in the presence of imperfect competition, scale economies, and higher-than-average wages in the modern sectors -- all common features of developing economies? These features create a potential conflict to the extent that traditional...
Persistent link: https://www.econbiz.de/10013213435
This paper attempts a synthetic census of the calibration/counterfactual style of empirical research on the benefits of trade liberalization with imperfect competition and scale economies. Computable-general-equilibrium studies are surveyed, as are a large number of partial-equilibrium studies...
Persistent link: https://www.econbiz.de/10013227216