2005•Jieshui guan'gaiRequires access

Analytical Model for Price Elasticity of Agricultural Water Demand

Renjun Zhang

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Abstract

By applying the method of econometrics and multi-stat-analysis,through establishing pretreatment model for the source material and sample data,eliminating the influence of other main factors except water price on the agricultural water consumption,the analytical model for price elasticity of agricultural water demand was established and the price elasticity of agricultural water demand was educed in this paper.The research result indicates that agricultural water price has obvious correlativity to water demand.Pretreatment model and analytical model for price elasticity of agricultural water demand were applied in high-lift irrigation area of Jiangsu Province.The application result shows that agricultural water price has obvious suppression effect to water consumption.

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What this paper is about

By applying the method of econometrics and multi-stat-analysis,through establishing pretreatment model for the source material and sample data,eliminating the influence of other main factors except water price on the agricultural water consumption,the analytical model for price elasticity of agricultural water demand was established and the price elasticity of agricultural water demand was educed in this paper.The research result indicates that agricultural water price has obvious correlativity to water demand.Pretreatment model and analytical model for price elasticity of agricultural water demand were applied in high-lift irrigation area of Jiangsu Province.The application result shows that agricultural water price has obvious suppression effect to water consumption.

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Available abstract

By applying the method of econometrics and multi-stat-analysis,through establishing pretreatment model for the source material and sample data,eliminating the influence of other main factors except water price on the agricultural water consumption,the analytical model for price elasticity of agricultural water demand was established and the price elasticity of agricultural water demand was educed in this paper.The research result indicates that agricultural water price has obvious correlativity to water demand.Pretreatment model and analytical model for price elasticity of agricultural water demand were applied in high-lift irrigation area of Jiangsu Province.The application result shows that agricultural water price has obvious suppression effect to water consumption.

Key concepts: Price elasticity of demand, Elasticity (physics), Agriculture, Economics, Agricultural economics, Irrigation, Econometrics, Price elasticity of supply

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