Residential price elasticity of demand for water

2005 ◽  
Vol 5 (6) ◽  
pp. 183-188 ◽  
Author(s):  
S. Metaxas ◽  
E. Charalambous
Keyword(s):  
Water Use ◽  
Price Elasticity ◽  
Research Study ◽  
Price Increase ◽  
Income Levels ◽  
Elasticity Of Demand ◽  
Price Elasticity Of Demand ◽  
Price Increases ◽  
Residential Water Use ◽  
Residential Water

This paper presents an analysis on price elasticity of demand for water as a consequence of price increases. The objective of this research study is to estimate the residential price elasticities of demand for water for different regions, which may have different income levels. The general conclusion is that price elasticity for residential water use is inelastic (i.e. a given percentage of price increase results in a proportionally smaller decrease in quantity demanded) and it varies by consumer class and type of water use. The elasticity is not significantly affected by demographic and other factors.

scholarly journals Price elasticity of demand of non-cigarette tobacco products: a systematic review and meta-analysis

2018 ◽  
Vol 27 (6) ◽  
pp. 689-695 ◽  
Author(s):  
Mohammed Jawad ◽  
John Tayu Lee ◽  
Stanton Glantz ◽  
Christopher Millett
Keyword(s):  
Price Elasticity ◽  
Meta Analysis ◽  
Income Level ◽  
Sufficient Evidence ◽  
Cigarette Tobacco ◽  
Tobacco Products ◽  
Elasticity Of Demand ◽  
Price Elasticity Of Demand ◽  
Price Increases ◽  
Cross Price Elasticity

ObjectiveTo systematically review the price elasticity of demand of non-cigarette tobacco products.Data sourcesMedline, Embase, EconLit and the Web of Science without language or time restrictions.Study selectionTwo reviewers screened title and abstracts, then full texts, independently and in duplicate. We based eligibility criteria on study design (interventional or observational), population (individuals or communities without geographic restrictions), intervention (price change) and outcome (change in demand).Data extractionWe abstracted data on study features, outcome measures, statistical approach, and single best own- and cross-price elasticity estimates with respect to cigarettes. We conducted a random effects meta-analysis for estimates of similar product, outcome and country income level. For other studies we reported median elasticities by product and country income level.Data synthesisWe analysed 36 studies from 15 countries yielding 125 elasticity estimates. A 10% price increase would reduce demand by: 8.3% for cigars (95% CI 2.9 to 13.8), 6.4% for roll your owns (95% CI 4.3 to 8.4), 5.7% for bidis (95% CI 4.3 to 7.1) and 2.1% for smokeless tobacco (95% CI −0.6 to 4.8). Median price elasticities for all ten products were also negative. Results from few studies that examined cross-price elasticity suggested a positive substitution effect between cigarette and non-cigarette tobacco products.ConclusionsThere is sufficient evidence in support of the effectiveness of price increases to reduce consumption of non-cigarette tobacco products as it is for cigarettes. Positive substitutability between cigarette and non-cigarette tobacco products suggest that tax and price increases need to be simultaneous and comparable across all tobacco products.

scholarly journals Heterogeneity and Temporal Stability of Residential Water Use Responsiveness to Price Change

Water ◽  
2021 ◽  
Vol 13 (17) ◽  
pp. 2329
Author(s):  
Masayoshi Tanishita ◽  
Daisuke Sunaga
Keyword(s):  
Water Use ◽  
Price Elasticity ◽  
Water Demand ◽  
Latent Class ◽  
Price Change ◽  
Temporal Stability ◽  
High Water ◽  
Residential Water Use ◽  
Disaggregated Data ◽  
Residential Water

Many papers estimate the price elasticity of water demand. However, heterogeneity and temporal variation of price elasticity of residential water use are still unclear. We analyze these issues by applying the latent class analysis and t-test using disaggregated data of approximately 30,000 households recorded over five years: Two years before and three years after a tariff revision. As a result, the households are divided into three (heterogeneous) groups: About 5% of them responded to the price change sensitively, 40–60% slightly, and 35–55% not at all. Households with high water use prior to the revision had higher price elasticity. In addition, the price elasticity in the first and third years after the revision was the same.

Illicit Drugs: Price Elasticity of Demand and Supply

2002 ◽  
Author(s):  
William Rhodes ◽  
Patrick Johnston ◽  
Song Han ◽  
Quentin McMullen ◽  
Lynne Hozik
Keyword(s):  
Price Elasticity ◽  
Illicit Drugs ◽  
Demand And Supply ◽  
Elasticity Of Demand ◽  
Price Elasticity Of Demand

RESEARCH OF PRICE ELASTICITY OF DEMAND FOR PAID DENTAL SERVICES

2017 ◽  
Vol 19 (3) ◽  
pp. 78-81
Author(s):  
Je.H. Sahibgareeva ◽  
◽  
S.N. Cherkasov ◽  
A.Ju. Bragin ◽  
◽  
...  
Keyword(s):  
Price Elasticity ◽  
Dental Services ◽  
Elasticity Of Demand ◽  
Price Elasticity Of Demand

On the Price Elasticity of Demand for Patents

2010 ◽  
Author(s):  
Gaétan de Rassenfosse ◽  
Bruno van Pottelsberghe de la Potterie
Keyword(s):  
Price Elasticity ◽  
Elasticity Of Demand ◽  
Price Elasticity Of Demand

The implications of climate change on residential water use: a micro-scale analysis of Portland (OR), USA

2012 ◽  
Vol 3 (3) ◽  
pp. 225-238 ◽  
Author(s):  
Vivek Shandas ◽  
Meenakshi Rao ◽  
Moriah McSharry McGrath
Keyword(s):  
Climate Change ◽  
Water Use ◽  
Environmental Sustainability ◽  
Water Conservation ◽  
Urban Areas ◽  
Future Climate ◽  
Metropolitan Region ◽  
Study Region ◽  
Residential Water Use ◽  
Residential Water

Social and behavioral research is crucial for securing environmental sustainability and improving human living environments. Although the majority of people now live in urban areas, we have limited empirical evidence of the anticipated behavioral response to climate change. Using empirical data on daily household residential water use and temperature, our research examines the implications of future climate conditions on water conservation behavior in 501 households within the Portland (OR) metropolitan region. We ask whether and how much change in ambient temperatures impact residential household water use, while controlling for taxlot characteristics. Based on our results, we develop a spatially explicit description about the changes in future water use for the study region using a downscaled future climate scenario. The results suggest that behavioral responses are mediated by an interaction of household structural attributes, and magnitude and temporal variability of weather parameters. These findings have implications for the way natural resource managers and planning bureaus prepare for and adapt to future consequences of climate change.

scholarly journals Do Conservation Policies Work? Evidence from Residential Water Use

2021 ◽  
Vol 2 ◽  
pp. 190-225
Author(s):  
Oliver R. Browne ◽  
Ludovica Gazze ◽  
Michael Greenstone
Keyword(s):  
Water Use ◽  
Conservation Policies ◽  
Residential Water Use ◽  
Residential Water

Outdoor Residential Water Use Restrictions during Recent Drought Suppressed Disease Vector Abundance in Southern California

2020 ◽  
Vol 55 (1) ◽  
pp. 478-487
Author(s):  
Abinash Bhattachan ◽  
Nicholas K. Skaff ◽  
Amanda M. Irish ◽  
Solomon Vimal ◽  
Justin V. Remais ◽  
...  
Keyword(s):  
Water Use ◽  
Southern California ◽  
Disease Vector ◽  
Vector Abundance ◽  
Residential Water Use ◽  
Residential Water
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