Evaluating Effective Factors on Household Water Consumption and Forecasting its Demand: Panel Data Approach
The increasing trend of water demand is an inevitable problem all over the world. Considering the population growth, industry development, improvement of sanitation level and public welfare, renewable resources per capita like water is decreasing. In this paper, water demand is derived using Stone-G...
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| Format: | Article |
| Language: | English |
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Water and Wastewater Consulting Engineers Research Development
2012-12-01
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| Series: | آب و فاضلاب |
| Subjects: | |
| Online Access: | http://www.wwjournal.ir/article_2467_00b427b66de565a65a381b8cc601c9b9.pdf |
| _version_ | 1818416031884902400 |
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| author | Mohammad Ali Falahi Hossein Ansari Saiedeh Moghaddas |
| author_facet | Mohammad Ali Falahi Hossein Ansari Saiedeh Moghaddas |
| author_sort | Mohammad Ali Falahi |
| collection | DOAJ |
| description | The increasing trend of water demand is an inevitable problem all over the world. Considering the population growth, industry development, improvement of sanitation level and public welfare, renewable resources per capita like water is decreasing. In this paper, water demand is derived using Stone-Geary function and it is estimated using the random effects model. The used data is panel and yearly and is related to 266 household during 1382-1386 in Neishabour.Water demand is estimated using average price, income per capita, price index of goods and services and average temperature variables. The price elasticity is -0.15, income elasticity is 0.15 and cross-elasticity is -0.00025. It is shown that water demand has low elasticity with respect to income and price and it is complementary with other goods. Furthermore, the average temperature is not significant. Three scenarios are used to forecast water consumption. The results show that if the price of water does not increase, the water consumption per capita of household will increase with increase of income per capita. Also an increase in tariffs will decrease the per capita water consumption household. |
| first_indexed | 2024-12-14T11:44:26Z |
| format | Article |
| id | doaj.art-504ef082340c4902b23a802d4d7df0f5 |
| institution | Directory Open Access Journal |
| issn | 1024-5936 2383-0905 |
| language | English |
| last_indexed | 2024-12-14T11:44:26Z |
| publishDate | 2012-12-01 |
| publisher | Water and Wastewater Consulting Engineers Research Development |
| record_format | Article |
| series | آب و فاضلاب |
| spelling | doaj.art-504ef082340c4902b23a802d4d7df0f52022-12-21T23:02:40ZengWater and Wastewater Consulting Engineers Research Developmentآب و فاضلاب1024-59362383-09052012-12-0123478872467Evaluating Effective Factors on Household Water Consumption and Forecasting its Demand: Panel Data ApproachMohammad Ali Falahi0Hossein Ansari1Saiedeh Moghaddas2Assoc. Prof. of Economics, Ferdowsi University of MashhadAssoc.. Prof. of Water Eng., Ferdowsi University of MashhadM.Sc. of Economics, Ferdowsi University of MashhadThe increasing trend of water demand is an inevitable problem all over the world. Considering the population growth, industry development, improvement of sanitation level and public welfare, renewable resources per capita like water is decreasing. In this paper, water demand is derived using Stone-Geary function and it is estimated using the random effects model. The used data is panel and yearly and is related to 266 household during 1382-1386 in Neishabour.Water demand is estimated using average price, income per capita, price index of goods and services and average temperature variables. The price elasticity is -0.15, income elasticity is 0.15 and cross-elasticity is -0.00025. It is shown that water demand has low elasticity with respect to income and price and it is complementary with other goods. Furthermore, the average temperature is not significant. Three scenarios are used to forecast water consumption. The results show that if the price of water does not increase, the water consumption per capita of household will increase with increase of income per capita. Also an increase in tariffs will decrease the per capita water consumption household.http://www.wwjournal.ir/article_2467_00b427b66de565a65a381b8cc601c9b9.pdfWater DemandStone-Geary Utility FunctionPanel DataRandom EffectsForecastingNeishabour |
| spellingShingle | Mohammad Ali Falahi Hossein Ansari Saiedeh Moghaddas Evaluating Effective Factors on Household Water Consumption and Forecasting its Demand: Panel Data Approach آب و فاضلاب Water Demand Stone-Geary Utility Function Panel Data Random Effects Forecasting Neishabour |
| title | Evaluating Effective Factors on Household Water Consumption and Forecasting its Demand: Panel Data Approach |
| title_full | Evaluating Effective Factors on Household Water Consumption and Forecasting its Demand: Panel Data Approach |
| title_fullStr | Evaluating Effective Factors on Household Water Consumption and Forecasting its Demand: Panel Data Approach |
| title_full_unstemmed | Evaluating Effective Factors on Household Water Consumption and Forecasting its Demand: Panel Data Approach |
| title_short | Evaluating Effective Factors on Household Water Consumption and Forecasting its Demand: Panel Data Approach |
| title_sort | evaluating effective factors on household water consumption and forecasting its demand panel data approach |
| topic | Water Demand Stone-Geary Utility Function Panel Data Random Effects Forecasting Neishabour |
| url | http://www.wwjournal.ir/article_2467_00b427b66de565a65a381b8cc601c9b9.pdf |
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