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- Title
A Model of Municipal Water Demand: A Case Study of Northeastern Illinois.
- Authors
Wong, S. T.
- Abstract
The article presents a model of Municipal water demand, through a case study of Chicago, Northeastern Illinois. The scarcity of urban municipal water studies is attributable to difficulties associated with the making of econometric analysis of the urban water demand. The study seeks to answer some rather general questions related to the economic demand for municipal water. The basic statistical method applied is least squares multiple regression analysis. The model demand relation for municipal water may be postulated thus, that the municipal water demand is a function of price per unit, avenge household income, average summer temperature. The foregoing study has presented a more refined set of estimates for price and income relationship than the author's initial multivariate statistical analysis. Over the time, both income and average summer temperature have a significant impact on Chicago's water demand. It appears that ground-water is more price elastic than surface sources, since the various community size groups which were entirely ground-water users, show much higher price elasticities than those for Chicago.
- Subjects
ILLINOIS; CHICAGO (Ill.); UNITED States; WATER supply; ECONOMIC demand; WATER resources development; GROUNDWATER; ECONOMETRIC models; MUNICIPAL corporations; REGRESSION analysis
- Publication
Land Economics, 1972, Vol 48, Issue 1, p34
- ISSN
0023-7639
- Publication type
Article
- DOI
10.2307/3145637