1979•JAWRA Journal of the American Water Resources AssociationRequires access

EFFECT OF PRICE ON THE RESIDENTIAL DEMAND FOR WATER WITHIN AN AGENCY1

Alexander E. Cassuto, Stuart F. Ryan

Abstract

ABSTRACT: This paper develops a model that can be used to forecast the residential elasticity of demand for water within a district. Long‐term water conservation programs and revenue and cost decisions hinge crucially on a determination of this elasticity. This study then pools cross‐sectional (census) and time series data to generate elasticity forecasts for the Oakland urban area.

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Key concepts: Price elasticity of demand, Elasticity (physics), Revenue, Water utility, Census, Cross elasticity of demand, Econometrics, Environmental science