haku: @author Thomas, A. / yhteensä: 22
viite: 6 / 22
| Tekijä: | Nauges, C. Thomas, A. |
| Otsikko: | Long-run study of residential water consumption |
| Lehti: | Environmental and Resource Economics
2003 : SEP, VOL. 26:1, p. 25-43 |
| Asiasana: | Environmental economics Econometric models Water resources Water supply industry Prices |
| Kieli: | eng |
| Tiivistelmä: | The authors show that a dynamic model of water consumption can be derived from a structural optimisation program solved by local communities. This nonlinear model is estimated on a sample of French municipalities and is found asymptotically equivalent to a dynamic panel data model that is linear in the parameters. The authors propose a new Generalized Method of Moments (GMM) procedure that yields consistent and efficient estimates of short- and long-run price elasticities. |
SCIMA