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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Format: | Electronic Resource |
Language: | English |
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Manila,Philippines
Asian Development Bank, [2019]
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Series: | Economics working papers.
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Online Access: | https://www.adb.org/publications/water-tariff-setting-peoples-republic-china |