2003/05/01 by J.M. Dalhuisen, J. M. Dalhuisen, Raymond J.G.M. Florax +5 · 3 citations
Economics, Econometrics and Finance · Engineering · #Economic and Environmental Valuation #Housing Market and Economics #Water resources management and optimization
paper · pdf · doi:10.2307/3146872
crossref issued 2003/05/01 · crossref published 2003/05/01 · crossref published-print 2003/05/01 · openalex publication_date 2003/05/01 · crossref created 2006/05/10 · crossref deposited 2025/04/25 · openalex created_date 2025/10/10 · crossref indexed 2026/07/30 · openalex updated_date 2026/07/31
<i>This article presents a meta-analysis of variations in price and income elasticities of residential water demand. Meta-analysis constitutes an adequate tool to synthesize research results by means of an analysis of the variation in empirical estimates reported in the literature. We link the variation in estimated elasticities to differences in theoretical microeconomic choice approaches, differences in spatial and temporal dynamics, as well as differences in research design of the underlying studies. The occurrence of increasing or decreasing block rate systems turns out to be important. With respect to price elasticities, the use of the discrete-continuous choice approach is relevant in explaining observed differences.</i> (JEL H31, Q25)