Work detail

Price elasticity of household water demand in Czech Republic

Author: Bc. Jana Hortová
Year: 2013 - summer
Leaders: prof. PhDr. Ladislav Krištoufek Ph.D.
Work type: Bachelors
Language: English
Pages: 58
Awards and prizes: B.A. with distinction from the Dean of the Faculty of Social Sciences for an excellent state-final examination performance and for an extraordinarily good bachelors diploma thesis.
Abstract: In the Czech Republic, during last decades, water price steadily increases causing water consumption to steadily decrease. A great deal of literature is devoted to the price elasticity of water demand but to the best of our knowledge, no similar study has been devoted entirely to the Czech Republic. The general purpose of this thesis is nding the short and long-run price elasticities of water demand in the Czech Republic and in Kladno. In the latter case, we analyze the short and long-run price elasticities of water demand across dierent household sizes. In both cases water demand appears to be inelastic with respect to water price regardless of the time period. Moreover, we nd evidence that both the short and long-run price elasticities increase with decreasing household size. Our inferences are in line with previous ndings.


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