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Estimating Urban Residential Water Demand Determinants and Forecasting Water Demand for Athens Metropolitan Area, 2000-2010

Author

Listed:
  • Kostas Bithas

    (Panteion University)

  • Chrysostomos Stoforos

    (Panteion University)

Abstract

Aiming at sustainable water resources management and use, the current water policy requires an essential analysis of water demand formulation and evolution. In this context, the present paper considers the city of Athens in Greece, where domestic water use is analyzed, estimated and forecasted. The policy-relevant variables, mainly income and water prices, are systematically considered and their effects on water demand are appraised. The study concludes that a drastic increase in water demand induced by increasing income will occur, while the economic instruments have little potential to influence water use.

Suggested Citation

  • Kostas Bithas & Chrysostomos Stoforos, 2006. "Estimating Urban Residential Water Demand Determinants and Forecasting Water Demand for Athens Metropolitan Area, 2000-2010," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 4(1), pages 47-59.
    • Handle: RePEc:seb:journl:v:4:y:2006:i:1:p:47-59
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    References listed on IDEAS

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    Cited by:

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    More about this item

    Keywords

    Water economics; Urban water use; Water prices; Water demand; Athens water use;
    All these keywords.

    JEL classification:

    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General

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