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dc.contributor.advisorBurkhardt, Jesse
dc.contributor.authorFlyr, Matthew
dc.contributor.committeememberGoemans, Chris
dc.contributor.committeememberShields, Martin
dc.date.accessioned2018-06-12T16:13:56Z
dc.date.available2018-06-12T16:13:56Z
dc.date.submitted2018
dc.description2018 Spring.
dc.descriptionIncludes bibliographical references.
dc.description.abstractThe gap between projected future water demand and supply are increasing the importance of conservation policies. Commercial users are a major source of utility withdrawals, heightening the need for increased understanding of commercial responsiveness to utility policies. Despite an abundance of empirical studies on residential water demand, there are limited commercial sector studies exploring demand elasticity heterogeneity. In this paper, we estimate commercial water demand elasticity for firms served by a local utility, employing a novel instrumental variables approach. We then present evidence that firms respond to one period lagged average price rather than marginal price. Finally, we find notable differences in elasticity among different categories of businesses and among businesses of different consumption variance levels. The findings in this paper are particularly important as utility providers across the country consider how to cope with growing demand and limited water supply.
dc.format.mediumborn digital
dc.format.mediummasters theses
dc.identifierFlyr_colostate_0053N_14696.pdf
dc.identifier.urihttps://hdl.handle.net/10217/189319
dc.languageEnglish
dc.publisherColorado State University. Libraries
dc.relation.ispartof2000-2019 - CSU Theses and Dissertations
dc.rightsCopyright of the original work is retained by the author.
dc.subjecteconometrics
dc.subjectelasticity
dc.subjectwater
dc.subjecteconomics
dc.subjectdemand
dc.subjectutilities
dc.titleHeterogeneity in the price elasticity of demand for commercial water
dc.typeText
dcterms.rights.dplaThe copyright and related rights status of this Item has not been evaluated (https://rightsstatements.org/vocab/CNE/1.0/). Please refer to the organization that has made the Item available for more information.
thesis.degree.disciplineAgricultural and Resource Economics
thesis.degree.grantorColorado State University
thesis.degree.levelMasters
thesis.degree.nameMaster of Science (M.S.)


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