A Seasonal Integration and Cointegration Analysis of Residential Water Demand in Tunisia
The main originality of this article is to empirically incorporate the effect of seasonality in estimating the residential water demand function. We use quarterly times series for the period 1980.1 to 2007.4 from Tunisia and a two consumption blocks decomposition (in a lower and in an upper blocks). As the Error Correction model is poorly significant, we obtain a long-run price elasticity for the upper block equals to -0.39 and greater than the corresponding short run elasticity which is not significant. Therefore, we are able to advocate policies for the upper block both in favor of a water management through pricing and promoting the adoption of water saving equipments. The introduction of seasonality claims for new insights concerning water conservation policies as evidence in favor of seasonal cointegration at biannual frequency is found for the two blocks. Results show that a seasonal pricing policy will not be efficient to reduce the upper block consumption. But, as a part of the consumers switch from the lower to the upper block in summer, we propose to increase the length of the lower block to ensure the satisfaction of households’ essential needs in all seasons.
|Date of creation:||Nov 2011|
|Contact details of provider:|| Postal: CREM (UMR CNRS 6211) – Faculty of Economics, 7 place Hoche, 35065 RENNES Cedex|
Phone: 02 23 23 35 47
Fax: (33) 2 23 23 35 99
Web page: https://crem-doc.univ-rennes1.fr/
More information through EDIRC
|Order Information:|| Postal: CREM (UMR CNRS 6211) - Faculty of Economics, 7 place Hoche, 35065 Rennes Cedex - France|
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Hylleberg, S. & Engle, R. F. & Granger, C. W. J. & Yoo, B. S., 1990.
"Seasonal integration and cointegration,"
Journal of Econometrics,
Elsevier, vol. 44(1-2), pages 215-238.
- Hyllerberg, S. & Engle, R.F. & Granger, C.W.J. & Yoo, B.S., 1988. "Seasonal Integration And Cointegration," Papers 0-88-2, Pennsylvania State - Department of Economics.
- Hylleberg, S. & Engle, R.F. & Granger, C.W.J. & Yoo, B.S., 1988. "Seasonal, Integration And Cointegration," Papers 6-88-2, Pennsylvania State - Department of Economics.
- Céline Nauges & Dale Whittington, 2010. "Estimation of Water Demand in Developing Countries: An Overview," World Bank Research Observer, World Bank Group, vol. 25(2), pages 263-294, August.
- NAUGES CÃ©line & WHITTINGTON Dale, 2008. "Estimation of Water Demand in Developing Countries: An Overview," LERNA Working Papers 08.20.264, LERNA, University of Toulouse.
- Roberto Martínez-Espiñeira, 2007. "An estimation of residential water demand using co-integration and error correction tec hniques," Journal of Applied Economics, Universidad del CEMA, vol. 10, pages 161-184, May.
- Roberto Martinez Espineira, 2004. "An Estimation of Residential Water Demand Using Co-integration and Error Correction Techniques," Others 0410002, EconWPA.
- Martinez-Espineira, Roberto, 2005. "An Estimation of Residential Water Demand Using Co-Integration and Error Correction Techniques," MPRA Paper 615, University Library of Munich, Germany, revised Jan 2006.
- Céline Nauges & Alban Thomas, 2003. "Long-run Study of Residential Water Consumption," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 26(1), pages 25-43, September.
- Arbues, Fernando & Garcia-Valinas, Maria Angeles & Martinez-Espineira, Roberto, 2003. "Estimation of residential water demand: a state-of-the-art review," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 32(1), pages 81-102, March.
- Mohamed Ayadi & Jaya Krishnakumar & Mohamed Salah Matoussi, 2002. "A Panel Data Analysis of Residential Water Demand in Presence of Nonlinear Progressive Tariffs," Research Papers by the Institute of Economics and Econometrics, Geneva School of Economics and Management, University of Geneva 2002.06, Institut d'Economie et Econométrie, Université de Genève. Full references (including those not matched with items on IDEAS)
When requesting a correction, please mention this item's handle: RePEc:tut:cremwp:201122. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (CODA-POIREY Hélène)
If references are entirely missing, you can add them using this form.