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We study the response of residential water demand to nonlinear prices by exploiting a natural experiment arising from a water pricing reform in a major Chinese city. The reform introduced an unconventional Increasing Block Tariff featuring prices set according to annual cumulative consumption...
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We study the response of residential water demand to nonlinear prices by exploiting a natural experiment arising from a water pricing reform in a major Chinese city. The reform introduced an unconventional Increasing Block Tariff featuring prices set according to annual cumulative consumption...
Persistent link: https://www.econbiz.de/10014030945
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