Short-Term Water Consumption Dynamics in El Paso, Texas
AbstractAn ARIMA linear transfer function model is estimated for El Paso, Texas. Sample data are from January 1994 through December 2002. Beyond parameter estimation, empirical analysis is also carried out using out- of-sample model simulations. Results indicate that the equation forecasts compare favorably to a random walk benchmark.
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Bibliographic InfoPaper provided by EconWPA in its series Others with number 0410005.
Length: 18 pages
Date of creation: 04 Oct 2004
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Water consumption; applied econometrics; forecast evaluation;
Find related papers by JEL classification:
- Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
This paper has been announced in the following NEP Reports:
- NEP-ALL-2004-10-18 (All new papers)
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