dc.contributor.author | Hajispyrou, Soteroula | en |
dc.contributor.author | Koundouri, Phoebe | en |
dc.contributor.author | Pashardes, Panos | en |
dc.creator | Hajispyrou, Soteroula | en |
dc.creator | Koundouri, Phoebe | en |
dc.creator | Pashardes, Panos | en |
dc.date.accessioned | 2019-05-03T05:22:12Z | |
dc.date.available | 2019-05-03T05:22:12Z | |
dc.date.issued | 2002 | |
dc.identifier.uri | http://gnosis.library.ucy.ac.cy/handle/7/47378 | |
dc.description.abstract | This paper considers a model of household demand for water in a theoretical framework consistent with fundamental principles of consumer behaviour. It applies this model to individual household data to estimate the price and income elasticities of residential demand for water in Cyprus and evaluate the welfare effects associated with changes in the water pricing system. We find that the current regionally heterogeneous, increasing block-pricing system introduces gross price distortions that are not justified on efficiency grounds. A shift towards uniform marginal cost pricing will eliminate the deadweight loss of the current system. However, its benefits will be distributed in favour of the better-off households. | en |
dc.language.iso | eng | en |
dc.source | Environment and Development Economics | en |
dc.subject | Consumer welfare | en |
dc.subject | Increasing block pricing | en |
dc.subject | Residential water demand | en |
dc.subject | Water management | en |
dc.title | Household demand and welfare: Implications of water pricing in Cyprus | en |
dc.type | info:eu-repo/semantics/article | |
dc.identifier.doi | 10.1017/S1355770X02000402 | |
dc.description.volume | 7 | |
dc.description.startingpage | 659 | |
dc.description.endingpage | 685 | |
dc.author.faculty | Σχολή Οικονομικών Επιστημών και Διοίκησης / Faculty of Economics and Management | |
dc.author.department | Τμήμα Οικονομικών / Department of Economics | |
dc.type.uhtype | Article | en |
dc.description.totalnumpages | 659-685 | |