Water tariff setting and its welfare implications evidence from cities in the People Republic of China.

First, the authors show that peer cities average water tariffs have a significant influence on a city tariff levels. The former is then used as an instrumental variable to correct the endogeneity bias in estimating water demand functions. Estimation of a translog multiproduct joint cost function rev...

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Bibliographic Details
Main Author: Jiang, Yi (Author)
Format: Electronic Resource
Language:English
Published: Manila,Philippines Asian Development Bank, [2019]
Series:Economics working papers.
Subjects:
Online Access:https://www.adb.org/publications/water-tariff-setting-peoples-republic-china