A DISCRETE-CONTINUOUS CHOICE APPROACH TO RESIDENTIAL WATER DEMAND UNDER BLOCK RATE PRICING
A DISCRETE-CONTINUOUS CHOICE APPROACH TO RESIDENTIAL WATER DEMAND UNDER BLOCK RATE PRICING
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DOI：
10.2307/3146499
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发表时间：
1995-05-01
期刊：
影响因子：
1.4
通讯作者：
HANEMANN, WM
中科院分区：
文献类型：
--
作者：
HEWITT, JA;HANEMANN, WM
一个离散/连续选择模型的居民用水需求下块率定价，估计，并比较回归模型的结果。 实证分析使用的数据集，从以前发表的研究，Nieswiadomy和Molina（1989），家庭层面的面板数据从丹顿，得克萨斯州，从1981年到1985年夏季几个月的块率增加的效果。 令人惊讶的结果是，离散/连续选择模型产生的价格弹性估计接近-1.6，这比以前发表的结果更有弹性，基于回归模型，其中离散选择没有明确建模。
A discrete/continuous choice model of the residential demand for water under block rate pricing is presented, estimated, and compared to results of regression models. The empirical analysis uses a dataset from a previously published study, Nieswiadomy and Molina (1989), of household level panel data from Denton, Texas, for summer months from 1981 to 1985 with an increasing block rate in effect. The striking result is that the discrete/continuous choice model produces price elasticity estimates near -1.6, which are much more elastic than previously published results based on regression models where the discrete choice is not explicitly modeled.