Article

Informing Water Policies With a Residential Water Demand Function: The Case of Serbia

Denis Lanzanova, M.B. Milovanovicz, Arnaud Reynaud, and A. de Roo

Abstract

We provide the first estimate of a household water demand function in Serbia. The econometric model is estimated on a panel dataset made of the 25 Serbian districts (oblasts) covering years 2009 to 2012. Our estimates reveal a price elasticity of the Serbian household water demand varying between -0.2 and -0.9, depending on the model considered. We also demonstrate how the household water demand function can inform water policies in a prospective context. Using our estimates, we explore some possible future patterns of regional household water consumption in Serbia

Keywords

Residential Water Demand; Price Elasticity; Water Policy; Serbia;

Reference

Denis Lanzanova, M.B. Milovanovicz, Arnaud Reynaud, and A. de Roo, Informing Water Policies With a Residential Water Demand Function: The Case of Serbia, European Journal of Comparative Economics, vol. 13, n. 2, December 2016, pp. 247–266.

Published in

European Journal of Comparative Economics, vol. 13, n. 2, December 2016, pp. 247–266