Modeling of Residential Water Demand Using Random Effect Model,Case Study: Arak City

Autor:	Seyed Hossein Sajadifar, Nasser Khiabani
Jazyk:	English<br />Persian
Rok vydání:	2011
Předmět:	Partial Adjustment Model Random Effect Model Stone- Greay Utility Function Residential Water Demand Function Technology Water supply for domestic and industrial purposes TD201-500 Sewage collection and disposal systems. Sewerage TD511-780
Zdroj:	آب و فاضلاب, Vol 22, Iss 3, Pp 59-68 (2011)
Druh dokumentu:	article
ISSN:	1024-5936 2383-0905
Popis:	The present study tries to apply the “Partial Adjustment Model” and “Random Effect Model” techniques to the Stone-Greay’s linear expenditure system, in order to estimate the "Residential Seasonal Demand" for water in Arak city. Per capita water consumption of family residences is regressed on marginal price, per capita income, price of other goods, average temperature and average rainfall. Panel data approaches based on a sample of 152 observations from Arak city referred to 1993-2003. From the estimation of the Elasticity-price of the residential water demand, we want to know how a policy of responsive pricing can lead to more efficient household water consumption inArakcity. Results also indicated that summer price elasticity was twice the winter and price and income elasticity was less than 1 in all cases.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/1476688912c744478dbeae99089664ec Zobrazit plný text záznamu View record in DOAJ