Quantifying the Structure of Residential Water Demand in the United States: A Generalized Exact Affine Stone Index Demand Framework

2021 ◽  
Author(s):  
Rafael Bakhtavoryan ◽  
Vardges Hovhannisyan
Keyword(s):  
United States ◽  
Water Demand ◽  
The United States ◽  
Residential Water Demand ◽  
Residential Water

scholarly journals Quantifying the structure of residential water demand in the United States: a Generalized Exact Affine Stone Index demand framework

2021 ◽  
pp. 1-18
Author(s):  
Rafael Bakhtavoryan ◽  
Vardges Hovhannisyan
Keyword(s):  
United States ◽  
Water Demand ◽  
The United States ◽  
Bottled Water ◽  
Policy Implications ◽  
Residential Water Demand ◽  
Demand Structure ◽  
Residential Demand ◽  
Determination Mechanism ◽  
Residential Water

Abstract We utilize a Generalized Exact Affine Stone Index system to evaluate the structure of residential water demand that recognizes demand interrelationship between residential and bottled water in the United States, allowing for precommitted consumption. Further, we address expenditure and price endogeneity by accounting for the supply side of the price determination mechanism. A significant substitutability relationship between residential and bottled water is found, while substantial precommitments are established in both residential and bottled water consumption. Residential demand becomes price-elastic once the precommitted level is reached. Finally, ignoring substitutability, precommitments, or endogeneity distorts the demand structure, resulting in erroneous policy implications.

scholarly journals Estimation of Residential Water Demand with Imperfect Price Perception

2013 ◽  
Vol 59 (4) ◽  
pp. 561-581 ◽  
Author(s):  
Marie-Estelle Binet ◽  
Fabrizio Carlevaro ◽  
Michel Paul
Keyword(s):  
Water Demand ◽  
Residential Water Demand ◽  
Price Perception ◽  
Residential Water

scholarly journals Determinants of residential water demand in Germany

2009 ◽  
Vol 68 (6) ◽  
pp. 1756-1769 ◽  
Author(s):  
Joachim Schleich ◽  
Thomas Hillenbrand
Keyword(s):  
Water Demand ◽  
Residential Water Demand ◽  
Residential Water

Instrumental Price Estimates and Residential Water Demand

1984 ◽  
Vol 20 (2) ◽  
pp. 197-202 ◽  
Author(s):  
C. Vaughan Jones ◽  
John R. Morris
Keyword(s):  
Water Demand ◽  
Residential Water Demand ◽  
Residential Water
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