-
Urban Water Demand with Periodic Error Correction
- Land Economics
- University of Wisconsin Press
- Volume 87, Number 3, August 2011
- pp. 528-544
- Article
- Additional Information
- Purchase/rental options available:
Monthly demand for publicly supplied water to U.S. residences and businesses is estimated from a 10-year panel of 167 cities. A periodic error correction model integrates monthly, annual, and long-run time scales. Statistical consistency is validated by unit root tests adapted to the monthly frequency. Water and wastewater price elasticity of demand is estimated by sector, calendar month, and time horizon.