Determinants of Residential Water Pricing in the Metro Atlanta Region

Water scarcity is one of the greatest growing social and economic concerns for many regions around the world. The State of Georgia has experienced these concerns first‐hand within the metro Atlanta region and the Chattahoochee River basin. The residential consumers of the water supplied by the local water systems have endured this water crisis with their own livelihoods depending on the supply of the water resource. The way the individual water systems have handled the growth and security problems differently by adopting different programs and systems has created different costs to each water system. Higher prices for the water resource result in a higher bill for the residential consumers. Understanding and analyzing the variation in the different variables chosen help to determine what factors lead to changes in pricing for the used water resource. The population, income and educational program variable were found to have the largest influence on the used regression equations. These variables agree with most economic theory and social expectations. The most significant finding was the great significance the educational program variable was found to represent, describing a situation where a more social aspect variable of the regression model was found to be the most influential.  


Issue Date:
2011
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/187002
Published in:
SS-AAEA Journal of Agricultural Economics, 2011
Page range:
1-11
Total Pages:
11




 Record created 2017-04-01, last modified 2017-10-16

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)