Price elasticity of household water demand in the Czech Republic

作者: Jana Hortová , Ladislav Krištoufek

DOI:

关键词: Wealth elasticity of demandWater consumptionMarket economyIncome elasticity of demandCzechPrice elasticity of demandAgricultural economicsPrice elasticity of supplyEconomicsWater demandElasticity (economics)

摘要: In the Czech Republic, water prices have been steadily increasing while consumption has decreasing during last decades. A great deal of literature is devoted to price elasticity demand but best our knowledge, no similar study entirely Republic. paper, we examine short and long-run elasticities in Republic between years 2000 2011. We find that inelastic (lower than one) with respect regardless time period income on edge statistical significance. Our inferences are line previous findings.

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