Econometric Modeling and Analysis of Residential Water Demand Based on Unbalanced Panel Data (150,00 руб.)

F. Carlevaro, C. Schlesser, M.-E. Binet, S. Durand, M. Paul Econometric Modeling and Analysis of Residential Water Demand Based on Unbalanced Panel Data This paper develops an econometric methodology devised to analyze a sample of time unbalanced panel data on residential water consumption in the French island La Reunion with the purpose to bring out the main determinants of household water consumption and estimate the importance of water consumption by uses. <...> For this purpose, we specify a daily panel econometric model and derive, by performing a time aggregation, a general linear regression model accounting for water consumption data recorded on periods of any calendar date and time length. <...> To estimate efficiently the parameters of this model we develop a feasible two step generalized least square method. <...> Using the principle of best linear unbiaised prediction, we finally develop an approach allowing to consistenly break down the volume of water consumption recorded on household water bills by uses, namely by enforcing this estimated decomposition to add up to the observed total. <...> The application of this methodology to a sample of 437 unbalanced panel observations shows the scope of this approach for the empirical analysis of actual data. 1. <...> Introduction A study carried on in 1997 in the French island La Re´union, brought out an over-consumption of water, namely a consumption of 246 liters/day/inhabitant against 145 liters/day/ inhabitant in continental France. <...> In order to explain this global figure, the Regional Directorate for the Environment (DIREN) commissioned the «Centre de recherches e´conomiques et sociales de l’Universite´ de La Re´union» (CERESUR) to carry out a study aiming at:  measuring domestic water consumption, stricto sensu, in order to assess the quantitative importance of the over-consumption of water;  explaining the determinants of water consumption for the residential sector, in particular, the role played by the uses, the equipments, and the behaviour of individuals, in the over-consumption of water, in order to develop policy measures of rational use of water resource, allowing to reduce waste. <...> Our study follows the first analysis of the data of this survey carried out by CERESUR’s team in charge of the DIREN study [Binet et al. (2005)]. <...> It intends to go deeper in the analysis of this ‚ Российскошвейцарский <...>