Detail práce

Meta-analýza cenové elasticity poptávky po vodě

Autor: Bc. Richard Thoma
Rok: 2013 - letní
Vedoucí: doc. PhDr. Tomáš Havránek Ph.D.
Konzultant:
Typ práce: Bakalářská
Jazyk: Český
Stránky: 46
Ocenění:
Odkaz:
Abstrakt: Meta-analysis is a statistical method that allows us to combine results of em-
pirical research. A theoretical summary helped to select appropriate model
for the empirical part of this thesis - a meta-analysis focused on the price elas-
ticity of residential water demand. A mixed-e ects multilevel model, which
corrects for selection bias, heteroskedasticity and within-study correlation,
was employed. Publication bias was found only for subsample excluding data
from the western part of the United States. Heckman meta-regression shows
that the true price elasticity of water demand is -0,246. Finally variation
in results across studies is explained. Using average price instead of margi-
nal, the discrete-continuous choice model and data from the western part of
the United States for water demand modelling will result in higher values of
estimated elasticity.

Partneři

Deloitte

Sponzoři

CRIF
McKinsey
Patria Finance