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Water Resources Management

Erschienen in:

21.10.2019

Calculating Price Elasticity of Water Demand Using Gene Expression Programming Based on Economic, Social and Meteorological Variables

verfasst von: Keivan Karimlou, Nemat Hassani, Abdollah Rashidi Mehrabadi, Mohammad Reza Nazari

Erschienen in: Water Resources Management | Ausgabe 12/2019

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Abstract

Determining the changing rate of water consumption through altering parameters such as water tariffs can help water companies select appropriate water policies. This paper is intended to find the proper relation between the water price elasticity of demand and some social, economic and climatic variables that are released annually by international organizations like the United Nations Development Program and the World Bank. By using genetic algorithm, different combinations of water price elasticity of demand and variables like gross domestic product, per capita gross domestic product, gross national income, precipitation, human development index, average temperature and household size have been analyzed. It was found that the absolute price elasticity of water demand has positive relationships with precipitation and price of water. It has also been found that the gross national income, average percent of consumers who have secondary education and human development index have a negative relation with the absolute price elasticity of water demand.

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Titel: Calculating Price Elasticity of Water Demand Using Gene Expression Programming Based on Economic, Social and Meteorological Variables
verfasst von: Keivan Karimlou
Nemat Hassani
Abdollah Rashidi Mehrabadi
Mohammad Reza Nazari
Publikationsdatum: 21.10.2019
Verlag: Springer Netherlands
Erschienen in: Water Resources Management / Ausgabe 12/2019
Print ISSN: 0920-4741
Elektronische ISSN: 1573-1650
DOI: https://doi.org/10.1007/s11269-019-02353-1

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